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Tag Archives: China

Turkey’s Maritime Jurisdiction Bill: Energy, law, and power in the Eastern Mediterranean

Abdulhamid Han drillship anchored off Port of Tasucu of Mersin, Turkiye as drillship to be set off from the port city of Mersin,Turkiye to begin hydrocarbon exploration in the Mediterranean Sea on August, 09, 2022 [Emin Sansar/Anadolu Agency]

Turkey’s reported plan to submit a bill to parliament asserting maritime jurisdiction over disputed areas of the Aegean and Eastern Mediterranean marks a serious escalation in one of the region’s most sensitive maritime disputes. The proposed legislation would reportedly formalize Ankara’s claims in contested waters believed to contain existing or potential natural …

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China’s Legal Shield Against U.S. Sanctions on Iranian Oil

On May 2, 2026, China’s Ministry of Commerce issued a landmark prohibition order under its 2021 Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures, commonly known as China’s Blocking Rules. The order bars the recognition, enforcement, or compliance inside China with U.S. sanctions imposed on five Chinese …

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Non-oil boom masks deeper risk as Saudi growth still hinges on state spending

Saudi Vision 2030 deploys several policy instruments to reduce dependence on hydrocarbons. Central among them is the Public Investment Fund (PIF), which serves as the primary capital engine for diversification by investing in strategic sectors such as tourism, entertainment, mining, logistics, renewables, and advanced manufacturing. These investments are complemented by …

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