Tag "Iran"
Saudi foreign policy seems headed in the right direction
Despite a tumultuous year, the new changes in Saudi foreign policy are affecting the region for the better. For almost a year now, observers of Saudi Arabia have felt like
Iran-U.S. relations improving despite nomination setback
Iran-U.S. relations turned especially reactive in April 2014. But buried beneath the tough rhetoric and diplomatic posturing are indications of long-term potential for improved relations. After this tumultuous month of diplomacy,
Part II of IV: Why economics, not politics, should steer energy subsidies
The first part in this series examined why energy subsidies still widely exist, despite a growing consensus arguing for their removal. This section will look at their economic cost and
Iran is open for business and Switzerland leads the way
As Switzerland lifts its economic sanctions against Iran, Swiss companies lead the way in exploiting new opportunities. But the waters between Iran’s new openness and the West’s suspicions are tricky to
India balances energy relationship with the Middle East
As India’s demand for energy and investment continues to increase, the Republic must strike a careful balance in its relationships with its many Middle Eastern trading partners. With over 1.2
Western energy companies to re-enter Iran’s oil and gas sector
The interim agreement on Iran’s nuclear programme with the international community began on January 20, and Iran has taken steps to attract foreign investments in its neglected oil and gas
Iran’s return prompts change to Saudi Arabia’s energy strategy
The Iranian nuclear deal poses a major threat to Saudi Arabia’s influence over both the GCC and OPEC, as Gulf nations reestablish relations with Iran. As a result, Saudi has
Relations between Iran and UAE begin to improve
The interim deal with Iran could prove an economic boon to the UAE. Close trade relations plus the growing congruence of diplomatic opinion between the U.S., the UAE’s most important
Five political risk factors affecting oil markets in 2014
Predicting oil trends was always a precarious job, and 2014 will not be any different in that regard. But the year ahead could bring developments with longer-term consequences for the
Oman and BP finalise natural gas deal, signalling regional change
The Sultanate’s recent natural gas deal with BP signals greater economic and energy prowess for Oman, and a shift toward independent action rather than cooperation with other Gulf nations. Oman