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The global transition to cleaner fuels is the underlying driver of Saudi Arabia’s Vision 2030 campaign to diversify its economy away from oil. No wonder then that massive clean energy investments are a major component of the country’s development targets. Fizzled attempts earlier in the decade, and a huge solar deal announced last year by the...
US oil futures spiked following suspected Iranian attacks on two oil tankers in the Gulf of Oman earlier today. The alleged strikes occurred during a meeting between Iranian supreme leader Khamenei and Japanese prime minister Abe, who purportedly delivered a message from...
(CNN) - Arab and Muslim leaders have just concluded a series of emergency summits in Mecca to discuss recent attacks on Saudi and Emirati territory which US officials have linked to Iran and its proxies. While both Riyadh and Abu Dhabi have repeatedly said they do not want...
It is time to negotiate with Iran. There is no other way out, in the long term, to avoid either an “accidental” confrontation in Gulf waters or a return to the status quo on Iran’s nuclear program that existed before the deal was signed in 2015. However, President Donald...
A dispute over Houthi withdrawals from critical ports in Yemen is threatening the success of a deal negotiated late last year with the country's internationally recognized government.
Oil prices are already up after Washington’s decision last month not to renew Iran sanction waivers and amid signs that few if any shipments are leaving Iranian ports. In an already tightening market, current military tensions are likely to push these prices higher . It is...
The empowerment of women in Saudi Arabia appears to be a classic case of two steps forward, one step back. Despite the unfortunate detention of several women activists, the appointments of Hind al-Zahid and Princess Reema bint Bandar bin Sultan to key positions in the...