Tag "Saudi Arabia"
Despite recent upshots, oil prices will remain subdued
Despite recent gains, oil prices will remain subdued as the oil glut continues to dominate global markets. Increases in US and OPEC oil production will play a big part in
Iran tests Saudi, American resolve in the Gulf of Aden
Last week, an Iranian humanitarian vessel departed from the port of Bandar Abbas in Iran, heading for the Houthi-held port of Hudaydah in Yemen. The manifest claimed a cargo of humanitarian
Four opportunities presented by stabilizing oil prices
The past year has been seen oil prices drop to below $50 per barrel. But now that prices seem to be stabilizing, a number of new trends and investment opportunities
Saudi Arabia’s new foreign policy is assertive, but risky
When King Salman assumed the throne in January, most regional commentators expected continuity in Saudi Arabia. The Saudi-led airstrikes against the Houthi rebels in Yemen shows, however, that Riyadh is
Iran’s pilgrimage boycott threatens more than Saudi tourism revenues
Iran’s cancellation of pilgrimage flights to Saudi Arabia is an indication of deteriorating relations, using lucrative religious tourism as a foreign policy tool. The moves by Tehran come in wake of
Not just a proxy war: Yemen’s strategic importance
Yemen is a relatively small, poor, and remote country. However, recent airstrikes by a Saudi-led coalition against the advancing Houthi rebels have highlighted the strategic importance of this country. When
Yemen crisis increases oil price volatility
Instability over Houthi insurgency and Saudi air strikes in Yemen have caused increased oil price volatility. It is fair to say that instability will continue in Yemen for some time
Joint Arab military forces deepens the Saudi-Iran conflict
Arab leaders often concluded their annual Arab Summit meetings with verbal statements regarding the region’s issues, rather than taking any substantial measures. However, this year’s summit held on the 28th of
Despite Iran deal, price war will dominate 2015 oil markets
Regardless of the final outcome of Iran’s nuclear programme negotiations, the coming months will see a continuing price war between OPEC producers and the shrinking US shale sector. The recent agreement
Sweden-Saudi Arabia diplomatic row intensifies
Saudi Arabia reacted sharply after Sweden’s foreign minister criticised the imprisonment of activist Raif Badawi and the overall human rights situation in the country. Riyadh withdrew its ambassador and cancelled
