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 »The Future of Russian-Uzbekistani Energy Relations
In February 2023, Uzbekistani President Shavkat Mirziyoyev announced an energy package valued at over $1 billion to ease the country’s heating and electricity needs (Tashkent Times, February 8). In this, while Russia is considered a key player in providing Tashkent with much-needed oil and natural gas products, Uzbekistan also hopes …
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 …
Read More »Freezing Cold Puts Iran’s Natural-Gas Ambitions On Ice .
By Michael Scollon As winter approached, Iran was relishing the prospect of falling temperatures that could put Europe in a deep freeze and allow Tehran to bask in the wealth of its formidable natural-gas reserves. A difficult winter for Europeans would offer many advantages, including leverage in protracted negotiations in Vienna …
Read More »The Dynamics Shaping Global Energy Markets in 2023
After a year of unprecedented turmoil, global energy prices could return to a ‘new normal’ in 2023—or they could be further disrupted by ongoing or new political and economic crises. The full-scale Russian invasion of Ukraine in February 2022 led to major reverberations in energy markets around the world. In an attempt …
Read More »Iran Looks to Turkmenistan for Energy Needs
With its massive oil and natural gas reserves, Turkmenistan’s economy is heavily dependent on foreign exchange earnings from the export and sale of these resources. Given this, the country’s economic stability is tied to Ashgabat’s foreign policy and cooperation with its neighbors, including those territories located in the path of …
Read More »Iran and the Shanghai Cooperation Organization
While representing a major symbolic step, finalizing Iranian membership in the Shanghai Pact is not a panacea for the country’s current political, economic, and security challenges. Before the outbreak of recent mass protests, Iranian leaders were working to ameliorate their country’s international isolation through official membership in the Shanghai Cooperation …
Read More »Winter is Coming: Iran’s Looming Energy Crisis
The Iranian government has vowed to increase its gas output and international exports, but cannot produce enough to keep the lights on at home. The Iranian government is currently embroiled in the most serious threat to its rule since the end of the Iran-Iraq War in 1988. The protests surrounding …
Read More »Striking Oil: How Strikes in Iran’s Energy Sector Could Shape the Protest Movement
In 1979, oil workers in Iran dealt a blow to the Pahlavi dynasty; now, instability in Iran’s energy sector could once again put tremendous pressure on the regime or lead to the fall of the Islamic Republic itself. Considering the central role of energy exports to Iran’s economy, the security …
Read More »