Features | Politics
Monday, 10th May 2021
The US and China, two of the most economically powerful countries in the world, have been going head to head over the years. Under the Trump administration, the US-China ties have been greatly impaired on many fronts, however, now under the recently-elected US President Joe Biden's administration, both sides came back to the table for discussions on the climate issue, which raises the questions if a joint climate action can bring back the relations to normal or rather deepen the tension and further complicate the climate crisis.
Monday, 19th April 2021
International benchmark Brent crude futures jumped above $70 for the first time in nearly two years after Saudi oil facilities were targeted by missiles and drones on March 8. The attack was one of the recently renewed attacks by Yemen's rebel Houthi movement that used to launch missile attacks on Saudi Arabia infrastructure and territory, including oil tankers and facilities and international airports, in response to Saudi intervention to restore Yemen’s internationally-recognized government.
Wednesday, 17th March 2021
The attack on fossil fuel by the John Biden administration is going faster and further than expectations.
The new Democrat president did not only honor his promise to rejoin the Paris climate pact, but he also committed to aggressive carbon cut, suspended new oil and gas leases on public lands, seeking to end fossil-fuel subsidies and even directing federal agencies to purchase electric cars.
Tuesday, 16th February 2021
Just hours after his inauguration ceremony, the new US President issued a series of executive orders reversing hallmark policies of the Trump administration.
One of these policies that has been in the line of fire since day 1, is Trump’s oil legacy. Within hours of becoming president, Joe Biden signed an executive order to return to the global Paris Agreement on tackling climate change. It is the agreement that was abandoned by the Trump administration, which had largely been a champion of the oil industry and wanted to advance oil projects to achieve US energy independence.
Wednesday, 13th January 2021
With the emergence of the coronavirus pandemic, 2020 brought challenges that no one was prepared for, changing the way we live, dominating political scenes, and sending shock waves across the world markets.
Monday, 7th December 2020
The historic deep-rooted relations between Egypt and Iraq have gained new momentum with the convening of the Egyptian-Iraqi Higher Committee in Baghdad last month. During the meeting, which was chaired by Egyptian Prime Minister Mostafa Madbouly and Iraqi Prime Minister Mustafa Al-Kadhimi, the two countries have reportedly reached a preliminary consensus to establish an oil-for-reconstruction mechanism.
Wednesday, 4th November 2020
One of the most complicated decades-long world conflicts was revived when fights erupted again between Armenia and Azerbaijan over the mountainous enclave late in September. Hopes of ending the bloodshed in Nagorno-Karabakh looked slim last month as several brokered ceasefires failed to halt the worst fighting in the South Caucasus since the 1990s. The new wave of fighting is not only threatening to spiral into regional war, but also threatening an important energy corridor.
Tuesday, 6th October 2020
The hydrocarbon resources of the Eastern Mediterranean region have greatly increased in importance in recent years. The new natural gas discoveries can have a significant impact on the politics of global energy security.
Monday, 7th September 2020
After a year of escalating violence, Libya's rival authorities have announced an immediate ceasefire on August 21. The long-awaited truce calls for elections in March 2021 and for talks to demilitarize Sirte, which could avert Turkish-Egyptian clash over the strategic city.
Monday, 10th August 2020
The coronavirus has created a global, political, societal, economic and commercial crisis. The crisis not only can be seen as a disruptive period of uncertainty and danger, but also can be seen as a defining moment for the world order and the alliances that have been shaping that order for a long time.