Saudi Arabia feels Iran’s pinch
OPEC’s announcement of a cut in oil production shows that Saudi Arabia is being affected by low oil prices even as Iran gains ground
Courtesy: The Iran Project
Courtesy: The Iran Project
Courtesy: Wikipedia
Coalition of the unwilling
On 14 December, Saudi Arabia announced the formation of an anti-terrorism coalition of 34 Islamic countries. But with key potential partners such as Algeria, Lebanon, and Pakistan refusing to join, the hastily-assembled group has put Saudi credibility in the spotlight instead of deflecting western criticism of the kingdom’s inaction against Sunni jihadism
Courtesy: Victor Dubreuil / Wikipedia
The Gulf storm ahead
The GCC finds itself engulfed by a perfect storm – due to the oil price fall and the re-emergence of Iran on the world scene. While the GCC is forced to undertake politically challenging reforms and confront the regional challenge of Iran, there lies a great opportunity for India to strengthen their economic as well as security ties.
Courtesy: Wikipedia
UNSC and sanctions: a balanced role
The sanctions against Iran impacted the country’s oil, banking, aviation, and other sectors, and had a major humanitarian impact. But neither is armed attack a more suitable method in most instances to address allegedly recalcitrant states. What then is the middle ground? And can the UNSC assume a more proactive role in this context?
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India-GCC: Oil for jobs
The jobs of 6.5 million Indians working in GCC countries could be at risk due to the fall in global oil prices. Securing the interests of these workers should be on Prime Minister Modi’s agenda when he visits UAE on August 16-17
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Cheap oil is costing West Asia
The oil-rich GCC countries are starting to show signs of financial stress maintaining high defense and social spending while the price of oil remains low
Courtesy: sodere.com
Prioritising Saudi Arabia
The last ten years had signalled the Saudi intention of building closer relations with India based on their immense crude oil resources and India’s growing market and skill sets. With a new king on the throne and the on-going turmoil in West Asia it is in New Delhi’s interest to initiate high-level visits with Riyadh as soon as possible
Courtesy: http://photodivision.gov.in/
Why oil won’t worry India in 2015
Last week, petroleum prices reached a five-year low, and the fall is likely to last as new production and alternative sources enter the market. India, which has a huge petroleum products bill, now has a chance to shock-proof its economy, diversify dependence away from West Asia, and become energy-efficient
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India must push anti-terror compact
With the growth of the Islamic State and of terrorist groups in Africa and other parts of the world, global coordination to combat terrorism is imperative. Prime Minister Narendra Modi has urged the UNGA to adopt the Comprehensive Convention on International Terrorism, but divergent national interests remain a hurdle
Courtesy: U.S. Staff Sergeant Aaron Allmon
Modi, Obama and the Islamic State
Obama’s strategy to target the IS in Syria within the framework of a U.S.-led international coalition has met with a tepid response. There are reports that the U.S may offer India a non-NATO ally status during Modi’s upcoming visit in a bid to seek greater support – a gesture that India will do well to disregard.