Crude oil returns as the key commodity on the global oil markets and, therefore, a closer look is needed to establish what the main challenges and opportunities are.
This article reviews key dynamics in the Middle Eastern oil and gas to explain how they shape the global energy picture. The author makes sense of the Saudi-Iran relations and the role OPEC is set to play in the emerging energy landscape. Finally, political developments in the broader region, including Turkey, are discussed.
About the author:
Slawomir Raszewski, Research Associate at the European Centre for Energy and Resource Security (EUCERS) in the Department of War Studies, King’s College London