Old fields could produce 400,000 barrels of oil per day within a year and there are some large natural gas reserves to exploit, but investment is needed to make the most of the opportunity.
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…
Ankara and Tel Aviv have been at each other's throats for years, not least over Gaza, while a change in leadership in Syria has thrown fuel on the fire. Thankfully, there are deconfliction mechanisms.
Al Majalla unpacks this new chapter in Middle East diplomacy, exploring the history behind the silence, present-day stakes, and the uncertain road ahead
Trump's decision was crucial to restoring Syria's international connections and improving its economic prospects. However, much more needs to be done to ensure peace and prosperity for its citizens.
Firms relying on the recent wave of lifted sanctions and exceptive relief will face significant hurdles in verifying that transactions do not benefit excluded actors
Recently published documents show a US no longer willing to finance an international system that doesn't reflect its strategic priorities and allows its adversaries a seat at the table
After 16 years, there is finally a political transition in Budapest. This is an annoyance in Moscow and Washington, a relief in Brussels, and a warning to Europe's populists.
Satellite technology from China and data analysis from Russia have helped Tehran be far more precise with its missiles and drones in its war against the US and Israel.