Biden‘s decision to withdraw US troops from Afghanistan, as well as NATO’s decision to withdraw its troops from the country and capture most of Afghanistan’s cities by the Taliban, has made the future of Iran-Afghanistan relations a major issue in Iranian foreign policy. Such regional security and balance of power …
Read More »Energy Resources and the New Great Game in the Eastern Mediterranean
Control over energy resources and transit routes has long been a source of rivalry and competition among major powers with interests in the Middle East, Caspian Sea basin and Central Asia. And since the early 2000s, a new “great game” of sorts has embroiled local and outside players in competition …
Read More »Is Turkey’s New Gas Discovery in the Black Sea a Game Changer?
In mid-August, Turkey officially announced the discovery of a massive, 320-billion-cubic-meter (bcm) natural gas field in the Black Sea, in an exploration zone called “Tuna-1” (TRT World, August 21). The news was met with some skepticism from energy experts, notably in the Middle East (Arab News, August 24). Yet, if …
Read More »The Future of Iranian Natural Gas Exports to Turkey
Reducing dependence on Iranian gas will increase Turkey’s bargaining power in gas transactions. In practice, Iranian gas will not play a significant role in Turkey’s policies, which means that it can be easily removed from them and sanctioned. The diversification of energy resources is a fundamental principle of Turkey’s energy …
Read More »Reducing oil price would benefit Russia to influence US oil export: Energy expert
TEHRAN, Mar. 13 (MNA) – Omid Shokri believes that Russia’s disagreement with cuts in OPEC Plus production could be a good opportunity for Moscow to influence US oil exports. While the spread of Coronavirus outbreak worldwide has already had a profound effect on the world economy and has led to …
Read More »Coronavirus and a new crisis in the world oil market
Supply and demand are the two central elements of price stability in the global energy market. Moreover, the rate of economic growth of major energy-consuming countries such as China and India also plays an important role in market stability. In addition to these two main components, geopolitical events in major …
Read More »Petro-politics in Libya
The Libyan oil and gas sector are the main arteries of the country’s economy and one of its only sources of income. However, military forces recently closed most of the major Libyan ports. It seems that Khalifa Haftar and his forces are trying to win concessions from the constitutional government …
Read More »Q&A: ‘Russia is not willing to reduce its share of the European gas market’
In an interview with TRT World, energy security analyst Omid Shokri Kalehsar touched upon several aspects of competing foreign policies in the Eastern Mediterranean, saying Moscow would like to play a dominant role in the overall energy equation. The race for extracting energy resources in the Eastern Mediterranean presents various …
Read More »Challenges and opportunities at OPEC meeting
The main goal of OPEC is to coordinate and unify the oil policies of its members, and to identify the best ways to protect their interests individually and collectively. OPEC is also looking for ways to guarantee world market prices by eliminating unnecessary volatility. OPEC’s continuing viability and its impact …
Read More »The Importance of Syrian Oil and Gas Resources during the Post-Crisis Era
Having oil and gas resources can be one of the most important pillars of the overall economic policy of the ruling economy, which can rightly be a good fit for the country’s economy in the face of current and ongoing crises and for its long-term development and impact. In industrial, …
Read More »