by Wayne White The Libyan National Oil Corporation (NOC) ended on January 2 a fire that raged for days among tanks in Libya’s largest oil export terminal of Es-Sider, but the militia violence fed by the implosion of governance that caused it continues. Indeed, the levels of suffering, civilian casualties, refugees, and those internally displaced
by Thomas W. Lippman The country that could ultimately suffer the most damage from a sustained depression in the world price of oil could be one that is not a major producer: Egypt. Unable to sustain itself, Egypt is being propped up by big infusions of cash from Saudi Arabia and the United Arab Emirates
by Djavad Salehi-Isfahani The decision announced last Monday in Vienna to extend the talks aimed at a compressive agreement on Iran’s nuclear program for an additional seven months has resulted in Iran’s currency taking dive. In one week, the rial lost more than 5% of its value in the unofficial market. The devaluation has clear political
by Wayne White Libya’s chaos and violence may seem like a continuum of painful replays. However, as the situation festers, the risk of extremist elements gaining a more dangerous foothold and broader freedom of action increases. Indeed, since the beginning of this year, militant Islamists have gained ground overall, undermining what little governance remains. Making
by Jahandad Memarian According to a recent special report on Iran in The Economist: “The revolution is over.” The author, Oliver August, concludes by suggesting that Iranian President Hassan Rouhani’s approach to the country’s controversial nuclear program and international relations is a departure from that of his predecessors. While August makes several noteworthy points in
by Eldar Mamedov With only a little over a month to go before the deadline for a comprehensive deal on Iran’s nuclear program, a group of European, Gulf and Iranian academics and policymakers gathered Oct. 6-7 in Tehran to discuss the future of EU-Iran relations. The workshop, which was formally addressed by Iranian Foreign Minister Javad Zarif, was organized
by Sara Vakhshouri
After almost a decade of negotiations, Moscow reached a 400 billion dollar energy deal with Beijing yesterday, allowing the Russian state-controlled Gazprom to export gas to China for 30 years.
The key agreement guarantees long-term market access for Russian gas in the Asian market, where Russia has historically had [...]
Iran and Saudia Arabia are in a bitter feud, says practically everyone apart from the President of Iran, and yet that doesn’t seem to be the case in the energy markets. As reported by Bloomberg News, Saudi Arabia has aligned with Iran by cutting oil output by 4% so prices don’t [...]
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