Friday , April 19 2024

Yearly Archives: 2020

What will happen to US ‘maximum pressure’ on Iran after the election?

Since the Trump administration’s withdrawal from the nuclear deal in 2018 and the “maximum pressure” strategy of reimposing crippling sanctions, Iran has abandoned its key commitments, including the resumption of uranium enrichment. These moves have been accompanied by increasing ballistic missile tests, mysterious attacks on oil tankers in the Persian Gulf, increased meddling in conflicts …

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Can Iran Exploit Its Remaining Oil Wealth?

As the Islamic Republic continues to fall behind in the rapidly evolving global energy industry, will it ever be able to take advantage of what remains of its enormous oil and gas wealth?​ Since Iran’s Islamic Revolution of 1979, the country’s oil and gas sector has continuously suffered from sanctions, …

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U.S. Presidential Election and Iran Oil Export

The upcoming U.S. presidential election presents a major political challenge for Iran’s economy, especially its energy sector and foreign exchange market. As the geopolitics of energy change, all developments directly impact the foreign policies of energy-producing and consuming countries. In the field of international relations, energy resources are sources of power, which if used …

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Is Turkey’s New Gas Discovery in the Black Sea a Game Changer?

In mid-August, Turkey officially announced the discovery of a massive, 320-billion-cubic-meter (bcm) natural gas field in the Black Sea, in an exploration zone called “Tuna-1” (TRT World, August 21). The news was met with some skepticism from energy experts, notably in the Middle East (Arab News, August 24). Yet, if …

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Energy Dimension of UAE-Israel Historical Deal

In August 2020 the UAE became the third Arab country to normalize relations with Israel after Egypt (1979) and Jordan (1994), and the first country in the Gulf region; however, secret relationships have been going on for years. The UAE-Israel historical deal was widely welcomed by some of the region’s leaders, as well …

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China and Iran’s Strategic Partnership: A Zero Sum Game?

Iran and China first announced a long-term 25-year strategic partnership in 2016, with a draft document of the accord reportedly approved last week. Cooperation between the two countries will include China’s financial and technological participation in major projects such as highways, railways, oil and gas fields, the tourism industry, information technology and …

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