Introduction Despite its abundant oil and gas reserves, over the last four decades Iran has not been able to play a prominent role in the global energy market. According to energy industry statistics, Iran requires at least US$160 billion in investment to continue to export its oil and natural gas. …
Read More »The Iran-Afghanistan Water Dispute: Implications, Challenges, and Potential Resolutions
Key Points Iran and Afghanistan have historically relied heavily on their shared water resources, particularly those in the Helmand River basin. A simmering disagreement over water allocation brought on by their shared struggles with drought, climate change, and water mismanagement puts their alliance in jeopardy. Even though Iran and Afghanistan do not have …
Read More »Obstacles and opportunities for closer Iranian-Chinese economic cooperation
Iranian-Chinese economic relations have grown steadily closer over the past four decades, with Beijing emerging as one of Tehran’s leading trade partners in recent years. Their economic relationship entered a new phase in the 1980s, when China started providing Iran with arms and technology during the Iran-Iraq War. But since …
Read More »The Geopolitics of Turkey’s Upcoming Elections
On May 11, Turkish opposition candidate Muharren Ince announced that he was dropping out of the upcoming presidential elections, allegedly due to, in his words, a “smear campaign” that is “the work of the Gülenist Terror Group” (Daily Sabah, May 11). As one of four opposition candidates running against Turkish …
Read More »North-South Transport Corridor: Iran-Russia New Railway to Circumvent Western Pressure
The construction of the International North-South Transport Corridor is another way for Iran and Russia to circumvent Western sanctions and lower trade cost while increasing its volume. After the United States and the European Union imposed extensive sanctions on Russia in response to its invasion of Ukraine in February 2022, …
Read More »Iran-Iraq competition in regional maritime and overland transit corridors
In recent years, Iraq has become one of the leading destinations for Chinese investments in the Middle East and a crucial link in Beijing’s Belt and Road Initiative (BRI). To capitalize on its geostrategic location and central position within the Chinese BRI, Iraq is seeking to develop a sprawling new 54-square-kilometer port …
Read More »Saudi Arabia-Iran normalization and possible bilateral energy relations
Introduction In a breakthrough deal, brokered by China, Saudi Arabia and Iran have agreed on the resumption of diplomatic relations and the mutual opening of embassies, a move that could change the balance of power in the Middle East and restore stability in the region. Under the agreement reached, the …
Read More »Azerbaijan’s Energy Transition Strides and Efforts to Minimize Carbon Footprint
Key Points Azerbaijan’s energy transition is driven by several factors, including the country’s growing economy, increasing energy demand, and concerns about climate change.Azerbaijan has plentiful fossil fuel supplies used for export, but as there is a global move toward obtaining zero net greenhouse gas emissions, the country will need to …
Read More »Iran-Saudi Agreement: In Search of Stable Oil Exports and New Relations
As a “neutral” power seeking to distance itself from the Middle East’s various geopolitical rivalries, China has supported reconciliation and peace to stabilize its access to the region’s resources. The relationship between Iran and Saudi Arabia has been fraught with tension for decades, with each side accusing the other of interference in …
Read More »Geopolitics Grants Omani LNG a Lifeline
The Russian invasion of Ukraine has given Oman’s natural gas industry, long handicapped by relatively modest reserves and high extraction costs, a new lease on life. The global energy crisis caused by Russia’s invasion of Ukraine one year ago has underlined the centrality of LNG to Europe’s energy security. Since …
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