Abdel-Rahman Ayas

Lebanese journalist specialising in economic affairs based in Beirut.

How the oil crises of 1973 and today differ

More than half a century ago, a decision to reduce oil production and suspend exports was enough to throw industrialised economies into disarray and…

The age of ‘strategic refineries’

A country can be awash with oil and still find itself having to import petrol. The apparent contradiction encapsulates a lesson that wars, sanctions…