The north African nation wonders if it might step in, as war in the Middle East halts shipments of liquefied natural gas and leaves importing nations looking for alternatives.
There are few examples of successful US regime-change operations in history. And without permanent ground troop presence, these wins can easily be reversed.
When states are attacked, authority gravitates towards institutions capable of mobilising resources, enforcing discipline, and coordinating a military response
Even if it stays on the sidelines of the US-Iran war, the country is fragile. Unlike larger economies that can absorb shocks in global markets, it has little room to cushion the impact.
Cairo and Tehran have been at loggerheads since 1979, but the Iranian threat has always acted as a check on Israeli ambitions. If Iran is completely defeated, Israel will reign supreme.
A US-Israeli attack on Iran has turned into a regional war, sending Brent crude prices over $100 a barrel, and throwing shipping, inflation, and monetary policy into turmoil
The current conflict is unlikely to go global for now, but the speed at which it has spread regionally is alarming. A look at history shows the geopolitical factors that led to world wars.
Riyadh and Cairo are trying to ease the acute oil shortfall through alternative pipelines, but these are just band-aid solutions, as the world's most vital energy corridor remains closed by Iran
The rushed 2025 rollout raised questions about the government's seriousness. Since then, no meaningful record has been published, fuelling fears that it was just a show.