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…
Disruption in the Hormuz can have major implications for global trade, but it also creates opportunities for smaller nations like Iran to become global political players
The Iraq war was viewed as disastrous in retrospect, while the Iran war was unpopular from the get-go. Al Majalla highlights the similarities and differences between the two.
Pipelines have a chequered history in the Middle East, but the closure of the Strait of Hormuz has led US Tom Barrack to conclude that a new route through Syria could solve some problems.