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 »The Uncertain Future of U.S.-Saudi Energy Relations
Saudi Arabia is undoubtedly concerned by Biden’s emphasis on addressing climate change since this would mean a drop in the demand for crude oil, the backbone of Saudi Arabia’s economy. The stability of global energy markets has long been a major factor in U.S. relations with Saudi Arabia. Riyadh’s potential to increase …
Read More »The future of Iran’s oil exports to China depends on a change in foreign policy
Considering the lack of interdependence in Iran-China relations, if a nuclear agreement between Iran and the US is reached, China will continue its relations with Iran in line with its national interests in increasing cooperation in the fields of the economy and energy. Reducing Iran’s role in the energy market …
Read More »The Brewing Sino-Indian Conflict Over Iran’s Chabahar Port
Chabahar port could become a significant commercial outlet serving these countries, and it could also prove quite lucrative for Iran, which has struggled to raise funds in the wake of oil and gas sanctions. Iran’s strategic, geopolitical, and geoeconomic position has been carefully scrutinized by major countries around the world. …
Read More »A Relationship in Flux: Can Turkey and Saudi Arabia Stabilize Relations?
Any new agreement between Iran and the United States could bring Iran’s rivals in the region closer together. It is obvious that Turkey and Saudi Arabia must solve the existing problems within the framework of their national interests to play a more active role in the region in the post-COVID …
Read More »Iranian sanctions evasion and the Gulf’s complex oil trade
Sanctions have had a devastating impact on Iran’s oil production and exports, preventing much-needed investment in the country’s ageing fields and barring it from legally exporting crude oil to global customers. Using a range of evasion tactics, however, Iran has succeeded in circumventing sanctions and maintaining a steady — albeit …
Read More »Ship Attacks in the Persian Gulf: Another Manifestation of an Iranian-Israeli Proxy War?
Will the ongoing ‘ships war’ between Iran and Israel escalate? The Iran-Israel conflict has its own identity that goes beyond the geopolitical considerations of the Middle East. The Iran-Israel dispute is more ideological; that is, this confrontation has nothing to do with the national interests of the two countries or …
Read More »The Iran-Saudi Arabia normalisation process
Relations between Iran and Saudi Arabia have been strained in recent years. Both countries pursue conflicting interests in particular issues in the region with a specific ideology in foreign policy. The two countries are rivals not only in the Islamic world and the region, but also in OPEC and the energy market …
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