The global energy market continues to be driven by the political economy of oil production and trade. Energy markets have come full circle returning to their fundamentals: oil is there to stay and play an important role in the era of slow melting of the oil surplus.
This article reviews key dynamics in the Middle Eastern oil and gas to explain how they shape the global energy picture. The author makes sense of the Saudi-Iran relations and the role OPEC is set to play in the emerging energy landscape. Finally, political developments in the broader region, including Turkey, are discussed.
Russia and Iran have found themselves to be partners of convenience in Syria. Their interaction is limited due to different motives behind their interference in the conflict and the possibility to harm their relations with third states.
At a roundtable event in Moscow, top experts debated the “hypocritical” and “insincere” foreign policies of both Russia and the West in the post-Cold War era.
Vladimir Putin has mentioned several times that the collapse of the Soviet Union was a geopolitical mistake. Although these words were often interpreted as his desire to constitute that country, there is little reason to believe this.
The April 16 referendum will focus on power distribution rather than institution building. In other words, the organizers saw it as an opportunity to expand the President’s powers and allow him to rule longer. In their turn, Turks perceived it as an institutional choice to contribute to the development of the state.
If the larger picture defies prediction, the immediate future is scarcely more transparent. In the U.S. case, the known unknowns are numerous. They begin with the question of how much deck furniture Trump is willing to overturn in order to pursue an “America First” strategy.
In the wake of the For Fair Elections protest movement in Russia in 2011-2012, the Kremlin initiated a new strategy of state-society relations that was aimed at diminishing the propensity for protest in the next election cycle.
Belarus’ traditional structural dependence on Russia is increasing, and Minsk’s freedom of maneuver continues to shrink.