Since 2011, the Syrian economy has suffered from a devastating internal war and strict sanctions imposed by the European Union and the United States, including on Syrian oil.In 2019, the US…
The land between the Euphrates and Tigris yields oil, water, and wheat, to name but three, yet it has had no infrastructure investment for decades. As a result, it is unproductive. That could change.
Saudi Arabia and the United Arab Emirates defended on Monday a decision by OPEC and its allies to cut oil production, even as an American envoy warned of “economic uncertainty” ahead for the world.
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For a long period of time, Saudi Arabia’s wealth has come mainly from oil production in the eastern part of the Kingdom. With proven reserves of oil estimated at 267 billion barrels, Saudi Arabia can…
The decision to dismantle the Peace Brigades may herald a new stage in the Iraqi state's trajectory, or it could just be a shrewd recalibration to disorient friend and foe alike
An estimated 60% of all US banknotes in circulation are held outside the United States. In many parts of the world, the dollar is effectively the unofficial local currency. Al Majalla explains why.
A new American legal ruling turns the screw on the Caribbean island nation by increasing the risks companies face by continuing to make money there. This is all part of the plan.