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Report

Like the oil market itself, the oil producing countries of the Gulf Cooperation Council (GCC) are at a crossroads. These countries – which include both members of the Organization of Petroleum Exporting Countries (OPEC) like Saudi Arabia, the United Arab Emirates, Kuwait and Qatar, and non-members like Bahrain and Oman – collectively account for the lion’s share of world crude oil and LNG exports.

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Commentary

Iranian elections on February 26 appear to have empowered reformist and moderate-leaning candidates, notwithstanding attempts on the part of hardline members of the Iranian government to steer the elections decisively in their own favor.

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Commentary

Today, the United States, its P5+1 partners, and Iran announced that the formal Implementation Day described in the Joint Comprehensive Plan of Action (JCPOA) had been reached. This announcement followed on the report by the Director General of the International Atomic Energy Agency (IAEA), Yukiya Amano, that Iran had fulfilled all of its nuclear obligations under the JCPOA and that the agency was in a position to verify this situation going forward.

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Commentary

The likely decision by the United States to impose new sanctions on Iran’s ballistic missile program and those individuals supporting it follows multiple tests of its prohibited missile systems over the past few months.

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Commentary

A year after its decision not to cut production in the face of low prices, there is no question that OPEC is feeling the pinch of continued market weakness.

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Commentary

Last week, the Turkish air force shot down a Russian warplane Ankara claims violated its airspace, setting of warning bells that Russia would respond aggressively in turn.

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Blog postCommentary

The International Atomic Energy Agency issued its latest quarterly report on Iran’s nuclear program on Wednesday, November 18.

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Blog postCommentary

September 10, 2015

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Research
Testimony

Richard Nephew, Program Director, Economic Statecraft, Sanctions and Energy Markets at the Center on Global Energy Policy, testified before the Senate Committee on Foreign Relations on the subject of sanction and the JCPOA.

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Blog postCommentary

Analysts expected the June 5 OPEC meeting to be a non-event where the group would not change its production strategy. That view proved correct. But that was just one of the many things OPEC did not do last Friday. Center Fellow Colin Fenton offers this report from his time in Vienna.

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