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...
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...
Iranian President Hassan Rouhani is expected to announce Wednesday that Tehran may withdraw in whole or in part from the 2015 nuclear deal, potentially by resuming production of high-grade centrifuges for nuclear fuel and limiting inspections of nuclear facilities. Why it...
The familiar mantra is getting louder from Iran’s Western apologists, who say President Trump’s sanctions policy is counterproductive, probably because the opposite is true: There is growing evidence that Iran is cash-poor and its Middle East patrons are suffering. That’s...
Last Thursday, April 25, was the three-year anniversary of Vision 2030 . When it was launched, the immediate goal of Saudi Arabia’s blueprint for economic transformation was to enact necessary, and inevitably painful, structural reforms to Saudi Arabia’s economy and labor...