Becoming one of the countries with richest energy resources, Turkey can easily meet its domestic needs and play the role of Europe’s natural energy bridge as the European Union is one of the world’s top energy consumer. The discovery of new natural gas resources by Turkey in the Black Sea, …
Read More »A volatile year ahead for energy markets in the Middle East
Analysis: As the global economy recovers from Covid-19, oil production and prices are expected to surpass pre-pandemic levels. But with changing market dynamics and acceleration towards renewables, the energy market could be in for a volatile year. The economies of energy-producing countries in the Middle East will be heavily reliant …
Read More »Iran’s Combative Diplomacy Continues in Vienna
After the withdrawal of the United States from the 2015 “Joint Comprehensive Plan of Action,” or JCPOA, nuclear deal with Iran, Tehran initially indicated that it would continue to follow its obligations in cooperation with the remaining members of the “P5+1” group that had negotiated the deal. Despite this early indication, Iran …
Read More »New natural gas transit agreement: Applying energy diplomacy in Iran’s foreign policy?
The recent agreement on the transit of Turkmen natural gas through Iran to Azerbaijan can be considered a successful form of energy diplomacy during the Raisi presidency. The recent agreement on the transit of Turkmen natural gas through Iran to Azerbaijan can be considered a successful form of energy diplomacy …
Read More »Resolving Iran’s Water Crisis is Needed for Stability
Iran has always struggled with droughts in the past, but the current water shortages have led to major economic hardship – and even waves of protest, testing the government’s ability to provide basic services and maintain order. Water scarcity is a growing problem across the Middle East. It has grown …
Read More »The Iranian-Turkish Cooperation Roadmap: A Solution to Resolving Bilateral Problems and Tensions?
In recent months, Turkey and Iran seized an opportunity to try to reduce their long-running multifaceted tensions. Despite geopolitical and security-related frictions, the bilateral relationship is rosier when it comes to business and people-to-people ties. Iran is among the highest sources of tourists to Turkey every year (Sabah, September 11). …
Read More »A new era in Turkey-UAE ties? Economic relations warm as ideological tensions linger
Analysis: Amid a trend of de-escalation, Turkey and the UAE are repairing broken ties. But while economic relations are driving the rapprochement, political differences remain. Turkey’s relations with Arab countries have been strained in recent years, but the US withdrawal from Afghanistan has created a new balance of power in the region. …
Read More »Emirati-Turkish Economic Collaboration Could Lead to a Political One
n the short term, Turkey’s economic situation is a good incentive for Ankara to reach an agreement with Abu Dhabi, which could greatly alleviate Turkey’s economic problems; in return, a retreat from the ideological foreign policy can do much to alleviate tensions in relations between the two countries in the …
Read More »Chalous Gas Field Unlikely To Make Iran A Big Supplier
With a potential output worth $450 billion over its first 20 years, Iran’s Chalous gas field in the Caspian Sea, raises issues of both finance and where the gas might sell. The field, whose discovery Iran proclaimed in June and which has perhaps 3.5 trillion cubic meters (m3) of gas, reportedly is part …
Read More »Will the energy crisis accelerate nuclear talks between Iran and the P4+1?
Iran’s energy, and especially its natural gas, will not have much potential to solve the global energy crisis, especially in Europe, and the energy crisis can not be used as a weapon by Iran to gain more concessions in the nuclear talks. As the world prepares to revive its economy …
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