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Iran can quickly hike oil exports as politics allow

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IRAN

Tehran’s more sophisticated sanctions avoidance tactics and greater willingness to test Washington’s enforcement have substantially boosted exports from 2019 lows. The slow…

Saudi Arabia may prioritise non-OPEC ties

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SAUDI ARABIA

Ministers of OPEC and other oil-producing states are preparing to meet in Vienna. They will decide how to respond to calls -- including from the United States and India -- for…

Trade deals reflect new United Arab Emirates policy

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UNITED ARAB EMIRATES

The UAE’s economy minister said that CEPAs already signed with India, Israel and Indonesia would add USD16bn to GDP by 2030. These agreements are central to the government's…

US-Middle East alignment unlikely

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UNITED STATES/MIDDLE EAST

He will meet Israeli and Palestinian leaders and top officials from Gulf Cooperation Council (GCC) members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates…

Libyan oil exports will remain hostage to conflict

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LIBYA

In January, eastern-based military leader Khalifa Haftar forced the closure of oil export terminals in the Gulf of Sirte, causing oil production and exports to plummet by 80-90%…

Saudi-Emirati economic competition will mount further

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SAUDI ARABIA/UAE

This comes amid a growing divergence between the two countries on oil policy, economic diversification and the conduct of regional affairs, including in Yemen. It forms a strong…

Libyan politics may rattle the oil sector yet again

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LIBYA

Libya’s hydrocarbons sector has seen a period of relative stability since the end in 2020 of eastern military commander Khalifa Haftar’s military offensive against Tripoli and the…

Turkish suspicion may derail Syrian Kurds’ unity deal

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SYRIA

The PYD controls the US-backed Kurdish-led administration in north-east Syria. It was the target of an October 2019 invasion by Turkey, which equates it with its own rebel…

Restructuring Libya's oil guards will take years

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LIBYA

Short-term reunification of the PFG, which split as a result of the national power struggle, could help streamline current operations, but it is only the first step towards the…

Prospects for the Gulf states in 2020

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PROSPECTS 2020

Prospects for the Gulf states in 2020.