While OPEC and Russia-led non-OPEC members agreed to cut oil production last week by 1.2 million bpd, Riyadh’s ability to control the cartel and global oil prices is waning.
While Tunisia remains geographically and politically distant from Saudi Arabia, its economic troubles may offer an opportunity for the kingdom to leverage fiscal aid to secure stronger bilateral ties.
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including the coming changes in Trump’s administration, Iran’s hesitation in the US-China battle over Huawei , the ongoing Sweden talks on Yemen, results of the latest GCC summit, and questions over the legitimacy of the Afghan elections.
Restoring security and stability in Yemen is going to be a long-term process. Successful peace negotiations — including a ceasefire and confidence-building measures — can only be a first step toward that broader objective.
Giorgio Cafiero, CEO and founder of Gulf State Analytics, and F. Gregory Gause, head of the Department of International Affairs at Texas A&M University, join host Jerry Feierstein to discuss the state of GCC relations amid the Qatar dispute and other crises heading into the next GCC Summit.
The upcoming GCC summit in Saudi Arabia offers an opportunity to bring the opposing sides to the table, but it is far from clear what will come out of the meeting
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including MBS’ lukewarm reception at the G20 summit, plans for a UN-hosted Western Sahara roundtable, and Qatar’s decision to leave OPEC.
Even if negotiating with Trump is impossible—and Iran’s Supreme Leader Ali Khamenei has said it is—the leadership in Tehran can still look at his presidency as an opportunity to prepare the ground to talk to his successor.
The American decision to reimpose sanctions may result in a new wave of tensions between the U.S. and EU as European companies have benefited significantly from growing trade with Iran.
In this week’s Monday Briefing, MEI experts discuss recent and upcoming events including the Gaza flare-up and its threat to Egyptian-led negotiations, Russian-hosted Afghan peace talks, the ground offensive in Hodeidah, and rapid escalation in northwestern Syria.
As naval, air, and ground units from Bahrain, Egypt, Jordan, Kuwait, Saudi Arabia, and the UAE conduct war games in western Egypt this month, many speculate that this could represent the birth of the so-called “Arab NATO.”
Yemen, the site of the biggest humanitarian disaster in the world today, has seen several significant developments in recent weeks, including renewed calls for a cease-fire, UN intervention, and brokered peace talks. Fatima Alasrar, senior analyst at the Arabia Foundation, and MEI’s Gerald Feierstein join host Paul Salem to discuss the prospects for these latest moves.
On November 5, the Trump administration re-imposed the full scope of U.S. sanctions on Iran, nearly six months after it unilaterally withdrew from the 2015 nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA). The stringent sanctions target Iran’s energy, shipping and banking sectors and make it difficult, if not impossible, for foreign companies to continue to do business with the Islamic Republic. The Treasury Department reinstated all sanctions removed under the JCPOA, and blacklisted 300 new entities and individuals, in what the Treasury called it the “largest ever single-day action targeting the Iranian regime.”
In a recent video circulating on Iraqi social media, a man appears to be showing off rows of militiamen in the background as they conduct combat drills. He begins by giving an overhead view of several fighters of the Imam Ali Brigade, an Iranian-supported militia group within Iraq’s Popular Mobilization Force (PMF), marching in formation as they receive training. Before concluding the clip, he declares “Ila al-Yaman Insha’llah” (to Yemen, God willing).
Although the Trump administration has said it will issue temporary waivers to some major importers of Iranian oil, further declines in Iran’s exports are likely after sanctions come into effect on Nov. 4.