Can oil and water mix?: Creating opportunities for Iraq-Turkey cooperation
Last week saw a flurry of diplomatic activity between Baghdad and Ankara. The top priorities in the talks were oil exports, the presence of the PKK in Iraq, and Iraq’s water crisis. The outcomes have been unimpressive, but there is an opportunity for Iraq to shake things up and improve its bargaining position, at least on the oil export issue, possibly more.
Of all the challenges to Saudi Vision 2030, arguably none is greater than Iran’s threat to Saudi national security. To succeed, Crown Prince Mohammed bin Salman must protect the kingdom, which will require not only fortifying its defenses against further Iranian and Houthi attacks but also establishing a level of deterrence against Tehran.
From oil wells to power cells: How Saudi Arabia and its Gulf neighbors are securing their future through battery technology
As the world shifts toward a more sustainable future, the GCC states are also embracing this profound transition, moving from oil wells to power cells. With their vast resources, strategic location, and commitment to sustainability, the Gulf countries are uniquely positioned to become major players in the global battery supply chain. By embracing the potential of battery technology, these nations are not just preparing for a post-oil future but are actively shaping it.
Peshmerga reform hangs in the balance in Iraq’s Kurdistan Region
Efforts to reform the Iraqi Kurdish security forces known as the Peshmerga are at serious risk of failing. Tensions between the ruling parties of Iraq’s Kurdistan Region are not new, but the working relationship between the leaders of the Kurdistan Democratic Party and the Patriotic Union of Kurdistan has collapsed over the past year. As a result, officials within the Ministry of Peshmerga Affairs are no longer capable of preventing the politics of partisan self-interest from consuming the reform project. The prospects for the depoliticization and unification of the Peshmerga have rarely seemed more remote.
Syria’s economic freefall continues despite Arab League return
Syria’s dramatic readmission into the Arab League in May was perceived as a turning point for the country’s fortunes. Although Damascus may have come in from the cold diplomatically, there has been little change on the economic front, where the situation remains dire. Since the start of May, the Syrian pound has lost over 70% of its value and shows no sign of stabilizing.
Five factors to watch in US diplomatic efforts on a possible Israel-Saudi deal
Forging a deal establishing open, normal bilateral ties between Saudi Arabia and Israel would be a major feat with plenty of potential perils along the way — the diplomatic equivalent of climbing Mount Everest. If done right, the result would be historic and transformative for the Middle East with positive geopolitical repercussions. Here are five factors to watch as the Biden administration continues its efforts to produce a major diplomatic breakthrough in the region.
Japan looks to the Gulf as it bets big on hydrogen
As a trailblazer in hydrogen diplomacy, Japan is seeking to develop a new pattern of energy interdependence with its longstanding partners, the Gulf Arab states — countries that are promising production bases for and exporters of green hydrogen and ammonia, and whose leaders have come to regard the development of clean hydrogen as an attractive way to diversify their economies.
Two decades on, Iraq’s ongoing, if fragile, cultural revival
Although it has fallen off the international news cycle, Baghdad is booming, high on rising oil prices and full, once again, of neo-Abbasid, petroleum-fueled aspirations. Thanks to new anti-money laundering legislation, funds are being funneled not only into hotels and real estate but also into new cultural enterprises. So what does culture in Iraq look like in 2023?
A defense treaty is not how Biden should fix the Saudi relationship
The United States has likely reached a crossroads in its relationship with Saudi Arabia. President Joe Biden can reconcile with Riyadh and use its influence to reshape the Middle East to Washington’s liking and stabilize the global energy markets. Or else the Saudis most probably will tie their fortunes much closer to China, thus complicating America’s top foreign-policy priority.
Changing dynamics reshape power networks in Yemen’s “two Hadramawts”
Since 2015, Yemen’s largest governorate, Hadramawt, has been informally divided between two distinct centers of power with different military loyalties and external backing. The balance of power within the governorate is no longer fixed, however. Changes in Hadramawt’s military, political, and economic dynamics are reshaping power networks in the governorate and beyond, with implications for the conflicting agendas of the Saudis, Emiratis, and Houthis.
The new wave of dealmaking by Gulf sovereign wealth funds
For resource-rich countries such as Gulf oil and natural gas producers, sovereign wealth funds have emerged as promising tools to save for future generations, mitigate the effects of outsized economic shocks, and/or be deployed as reserve investment and strategic development funds to spend on human, natural, social, and physical capital.
