Posts From Ronan Keenan
Limited prospects for EU to diversify natural gas imports
Russia will remain a major supplier of natural gas to the EU as projects to find alternative sources face headwinds from escalating costs and political meddling from Moscow. Whereas Europe
US sanctions on Venezuela may strengthen Maduro regime
The US decision to impose sanctions on seven Venezuelan officials earlier this month seems innocuous enough. But the language accompanying the imposition does little to help US objectives, and may
Nuclear deal offers only a glimmer of hope for Iran’s economy
Between crippling sanctions and plunging oil prices, Iran’s economy has been under severe pressure in recent years. While the potential for a nuclear deal has caused optimism, entrenched interests of the
China forced to rethink role in Middle East
In recent years, China’s presence in the Middle East has taken on greater significance through deepening economic ties. China is now the second largest trading partner with Arab nations, jumping to
OPEC’s influence has long been exaggerated
The nearly 50% decline in oil prices questions the future of the Organization of the Petroleum Exporting Countries (OPEC) and casts doubt on its ability to influence prices. However, the
