Russian Foreign Minister Sergei Lavrov made a four-day trip to the Gulf in early March, stopping in Qatar, Saudi Arabia, Kuwait, and the United Arab Emirates (UAE) as part of a broader effort to boost Moscow’s ties with the region. Although the Gulf monarchies are traditionally considered of some of the U.S’s closest allies, relations between Russia and the Gulf have improved in recent years and there is potential for further cooperation going forward.
Russia’s interests in the Gulf are multifaceted, but key areas include energy, military affairs (especially arms sales), and investment, as well as regional conflicts, most prominently Syria. During his official meetings Foreign Minister Lavrov focused on economic cooperation, in particular Gulf investment in Russia, and negotiations over further coordination on Syria. Russian-Gulf commercial ties are especially relevant at the moment as Moscow is set to host several events next month, including the fifth ministerial session of the Russian-Arab Cooperation Forum, Arabia-EXPO 2019, and a meeting of the Russian-Arab Business Council. Part of Lavrov’s mission was to invite the Gulf countries to attend, and he no doubt made a major effort to persuade them to send high-level delegations. As yet, however, the Gulf monarchies have not showed a willingness to take part. Oxumağa davam et Lavrov’s Gulf trip highlights Russia’s growing regional role→
The civil war in Yemen that erupted in 2014 rapidly became a proxy fight, with a Saudi-led military coalition squaring off against the Iranian-backed Houthi rebels, who have seized control of much of the western part of the country, including many of the major population centers. As a result, Yemen’s civil war has generated long-term geopolitical turmoil that extends well beyond the Gulf, drawing regional and global powers into the conflict. Russia in particular is playing a growing role of late, and as the war drags on with no end in sight, it continues to expand its footprint in the country. As it has in Syria, Russia seems to be outmaneuvering the West in Yemen. Moscow maintains close contact with all sides of the conflict and has offered its assistance in working toward a resolution, even as it pursues its own military, commercial, and maritime interests. Oxumağa davam et Russia’s Growing role in Yemen→
On November 30, OPEC secured a cut in oil production from 33.8 million barrels a day (b/d) to 32.5 million b/d. As cheap oil from the global oil glut created budgetary shortfalls in oil-producing countries across the world, the severe economic challenges facing petro-states led to this special agreement, which is OPEC’s first to cut oil output since 2008, and the first time that non-OPEC Russia will back the cartel’s cuts to prop up prices since 2001. This unexpected decision sparked a huge rally in the price of both oil and gasoline. Given the state of regional turmoil from Syria to Yemen, however, it is legitimate to ask if politics will cause the agreement to fall apart in 2017.
The agreement was designed to reduce the production in global oil markets. It was successful despite pessimistic forecasts leading up to last month’s meeting in Vienna.After all, OPEC’s April 2016 meeting, held in Doha, ended with no deal, as member countries did not reach any consensus on the level of oil production. Iran participated in private talks led by Qatar, which currently holds the Oxumağa davam et Will the Oil Producing Giants’ Rare Cooperation Last?→
The (un)expected turning point occurred in the energy market when one of the world’s biggest crude oil exporters – Saudi Arabia declared that it will cut dependence on oil revenue by 2020. The new ambitious strategic concept intends to lay out a new economic trajectory amid the deep crisis in the oil market. The chief mastermind behind this ambitious plan is Minister of defence of the Kingdom – a top Prince Mohammad bin Salman. According to his latest interview to Bloomberg, the main idea of the concept will be released in 6 weeks. However, a long oil-boom period left the Saudi Arabia’s economy dependent on oil export, it made the country the biggest oil exporter. Yet it is very arguable topic whether the new economic reforms will be successfully implemented until 2020 or not. Oxumağa davam et How will Saudi Arabia reduce dependence on oil?→
Suudi Arabistan Kralı Salmanın tahta geçişinden sonra ilk kez Mısıra resmi ziyarete gelmesi akıllarda soru işaretleri doğurdu – iki ülke arasındakı yakınlaşma Suudi Arabistanın yeni stratejisi ola bilir mi? Bazı yabancı uzmanların sözlerine değinirsek eğer bu yakınlaşmanın asıl sebebi Er-Riyadın Suriye, Yemen, Irak ve Libyadakı iç savaşların sonlandırmak isteğidir ve bu konuda da cumhurbaşkanı el – Sisiye önemli bir rol ayrılmıştır. Son 5 yılda Orta Doğuda patlak veren kanlı iç savaşlar Mısır ve Suudi Arabistanı bir işbirliğine itmektedir. Lakin her ne kadar iki ülke ortak amaçlar için bir araya geldiğini beyan etseler de hem Kahire hem de Riyad Orta Doğuda tamamen farklı politikalar yürütmektedirler. Bu politika ister Suriye krizinde, isterse de Yemen krizinde kendini açıkca beyan ediyor. Oxumağa davam et Mısırla yakınlaşma Suudi Arabistanın yeni stratejisi mi?→
“Our main goal is not only to give a fight against ISIS but also to abolish terrorism that became a common disease of Islamic world” stated defense minister of Saudi Kingdom prince Muhammad ibn Salman.
Last week Saudi Arabia declared about its new plan to from an Islamic coalition that consists 34 countries to confront Islamic extremism in the Middle East. According to sources the headquarters of coalition will be placed in Ar – Riyadh. The worsening situation in Arabian Peninsula threatens the national security of Saudi Kingdom more in the light of Yemen conflict. The war that had been launched by King Salman and his son Muhammad despite all expectations is still proceeding amid political and humanitarian chaos in the Middle East. Oxumağa davam et A new coalition against terrorism, or the next unsuccessful attempt?→
During his official visit to Russian Federation, deputy of crown prince and minister of defense of Saudi Arabia – prince Muhammad Bin Salman, held a long negotiation with Russian president Vladimir Putin, concerning the new agreements on military co-operation and economic co-operation between two states. For the first time, state officials discussed the situation in the Middle East, particularly in Syria and Yemen. Prince was assured that Russia is not aimed to change its positions in Syrian crisis and this point prevents two countries from being the closest allies.Oxumağa davam et Russia’s Shadow in the Middle East: Riyadh – Moscow Nuclear Agreement→