International Market Analysis

 

Category Archives: Middle East

As Afghanistan writhes in agony, the geopolitical ‘great game’ continues

As U.S. forces pull out of Afghanistan, the Taliban are making dramatic territorial gains in a new, tragic phase of the war. The Taliban’s rapid offensive is not merely a function of dwindling U.S. combat and logistical support, but a concerted push by their patron Pakistan to establish a foothold in the war-torn country. Afghanistan has been

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China-Iran $400 Billion Accord: A Power Shift Threatens Western Energy

March 27 saw the culmination of a half-decade of negotiations between Beijing and Tehran, with foreign ministers meeting to sign a twenty-five-year $400 billion strategic and economic partnership. The specifics of the agreement are largely in line with China’s ongoing Belt and Road Initiative (BRI), spending billions in infrastructure investment with an eye on long term influence

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Iranian-Backed Houthis Strike Saudi Oil Facility

On Sunday March 7, Yemen’s Houthi rebels attacked an Aramco oil facility in Ras Tanura, a major port on Saudi Arabia’s Persian Gulf Coast. Brigadier General. Yahya Sarea, a spokesman for the rebel group, said in a televised statement that ballistic missiles and drones hit the oil facility and one of its largest refineries, along with military

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Iran Accused Of Eco-Terrorism As Oil Spill Washes Up On Israeli Beaches

The Israeli government is accusing Iran of environmental terrorism over the historic oil disaster unfolding along its Mediterranean coast line. At this point, nearly 100 tons of tar and contaminated material have been scraped off the country’s shores since cleanup efforts began on the 21st of February. In the ensuing investigation the original culprit has since been identified by authorities

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The Qatar—Saudi Agreement at First Glance: Everybody Wins

Middle East watchers have long expected the Qatari-Saudi normalization agreement, as Washington wanted its allies to reconcile, even as Doha stonewalled the attempts by Ar-Ryyyadh to accept the Thirteen Demands the coalition of four Arab states presented the gas-rich emirate in 2017. Then, Saudi Arabia, Egypt, United Arab Emirates, and Bahrain demanded that Qatar curb diplomatic relations

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America’s Global Retreat and the Ensuing Strategic Vacuum

Shortly after President Donald Trump ordered a U.S. retreat from Syria and Afghanistan in October 2019, events in the region drew U.S. forces right back in. The administration’s decision to target Gen. Qassem Soleimani, commander of the Quds Force of the Iranian Revolutionary Guard Corps, triggered tit-for-tat retaliation between Washington and Tehran at the opening

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