Pressure is growing around the world to cut off international purchases of Russian oil because of the Kremlin’s war of aggression against Ukraine. In recent days, the government of Poland announced its intentions to do just that, in addition to self-embargos on Russian coal and natural gas, before the end …
Read More »Why Gulf States Can (or Cannot) Replace Russian Oil and Gas
Given Europe’s need for Russian natural gas and the lack of easily available alternatives for Russia’s energy resources in the European market in the short term, solutions to political disagreements between Europe and the Middle East are more vital now than ever. Energy flows—imports and exports—constitute a major element of …
Read More »Iran has a long way to go to export natural gas to Europe
The energy crisis in Europe, and Russia’s invasion of Ukraine have highlighted the importance of diversifying energy resources. Europe’s over-reliance on Russian energy resources and Russia’s use of energy weapons to further exploit the geopolitical dimension led to the issue of finding an alternative to Russian energy sources, after the sanctions imposed on Russia …
Read More »The Middle East needs to draw the right lessons from today’s natural gas crisis
Rising oil prices and the energy crisis have created the conditions for Middle Eastern countries to gradually reduce their dependence on oil and gas exports and focus on a green economy by investing more in the energy transition process. The energy crisis and Russia‘s invasion of Ukraine, along with the outbreak of the …
Read More »The economic and moral challenges of replacing Russian oil
When President Joe Biden announced a U.S. ban on Russian oil and other energy imports last week, he called the sanction a “powerful blow to Putin’s war machine” currently invading Ukraine. But the move means Washington must find alternative sources of crude elsewhere, and its search for new supplies, from …
Read More »Can Iranian oil stabilize a volatile market?
As fuel prices skyrocket following the Russian invasion of Ukraine, another major supplier of oil and natural gas is poised to play an important role. Before Donald Trump‘s withdrawal from the 2015 nuclear deal and the imposition of sanctions on Iran’s oil exports, Iran produced 3.8 million barrels of oil per …
Read More »Iran’s Petrochemical Development: A Challenge to Saudi Arabia?
Without using the capacity of foreign companies in the Iranian petrochemical industry, the gap between Iran and Saudi Arabia in petrochemical production will increase, and other competitors will also increase their share in the regional and global markets. In recent years, the export of petrochemical products from Iran has made …
Read More »How Western sanctions over Ukraine invasion could hit Russia’s energy sector
Analysis: Tightening sanctions could lead to a decline in Moscow’s share of Europe’s energy market. Vladimir Putin’s invasion of Ukraine has posed several challenges for Western companies, with a growing list looking to exit Russia as international sanctions tighten. While Russian energy firms have not been sanctioned, a growing number of Western oil …
Read More »Exploring Alternatives to Russian Natural Gas, Europe Looks to the Gulf
Washington has deliberately increased its own LNG exports to Europe, and U.S. diplomats are trying to persuade Qatar to assist in meeting part of Europe’s natural gas needs, supporting the EU’s energy security as a traditional U.S. ally. The ongoing tensions in Europe between Russia and Ukraine have contributed to …
Read More »The combat capabilities of the cutting-edge ‘Akinci’ drone enter a new phase
Turkey aims to establish a completely independent foreign policy that will be supported by its own national defense powers, so that Turkey will not be dictated to by external international forces, but rather make free, independent strategic moves. By the year 2018, Turkey had already made noticeable progress in the area of …
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