Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
A cycle of retaliation against energy assets, though far from a guaranteed outcome, would be to the detriment of all and the benefit of none.
The Middle East Dialogue, a panel of regional and extra-regional experts convened by the Middle East Institute’s Conflict Resolution and Track II Dialogues Program and the Middle East Council for Global Affairs, met in Doha, Qatar, on May 21-22, 2024, to explore regional political and economic dynamics. This moderator’s report provides a summary of the issues and recommendations discussed.
Expert regional analysis by MEI scholars and contributors.
Azerbaijan seeks to establish itself as a major actor in the global energy transition space as it prepares to host the 2024 UN Climate Change Conference (COP29) in Baku, on November 11-22. COP29 offers many opportunities to improve US-Azerbaijani energy cooperation, including by coordinating the United States’ clean energy technology goals with Azerbaijan’s renewable energy revolution.
The ongoing effort by various factions in Libya to gain control of the Central Bank of Libya (CBL) poses a clear and present danger for the entire country, threatening its safety and security as well as its economy.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
On Aug. 25, Hezbollah retaliated for Israel’s assassination of senior commander Fuad Shukr on July 30, launching 340 rockets and tens of drones from southern Lebanon and the eastern Beka’a region. Hezbollah’s retaliation started shortly after Israel undertook what it called a “preemptive strike,” in which 100 fighter jets targeted Hezbollah military sites, including rocket launching platforms, to thwart a larger attack that, according to Israeli officials, involved up to 6,000 rockets.
On July 21, 2024, Iraq inaugurated a new power line connecting Turkey and Iraq to handle Turkish electricity imports. Iraq is operationalizing this new power line with the goal of ensuring a more stable energy future, reshaping its geopolitical relationships, and reducing its reliance on Iran.
After 10 months of Israel’s war on Gaza, the US administration has lost control over its ally and the fear of its opponents. As a result, Washington has only limited, if any, impact on the cost-benefit escalation calculus of the fighting sides. The Middle East is today the closest it has ever been to an all-out multi-front regional war.
How Economic Fragmentation Has Insulated the Region From the War in Gaza
For Egyptian officials, June should have been a month to celebrate. And yet none of the seeming macroeconomic successes that the government recorded brought much reassurance to the average Egyptian, who has continued to experience currency shortages, an unreliable energy grid, and fears of a resurgent spike in inflation.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.
On Feb. 25, 2024, Qatar announced plans to increase its LNG production capacity by a further 16 million tons per annum (mtpa) in 2029-30, bringing the total to 142 mtpa. This would be the third such large-scale expansion of its LNG production within the next six years, but there’s one wrinkle: These new production volumes are set to come online at a time of significant oversupply in the LNG market. What accounts for Qatar’s decision?