Energy & Economics

On July 13, Turkey and four other European nations (Bulgaria, Romania, Hungary and Austria) agreed to build the Nabucco pipeline to transit gas from the Caspian Sea to Austria. When complete, Nabucco will be 3,300 kilometer (2,000 mile) long and cost $11 billion. This major undertaking would link Europe and

At the end of June, Iraq is expected to award service contracts to international oil companies in an effort to boost production at six of the country's giant oil fields. The twenty-year contracts not only are part of a development program intended to nearly triple Iraq's oil production, they also

This publication is based on a lecture presented on October 27, 2008, by Washington Institute senior fellows Michael Jacobson and Matthew Levitt at the Emirates Center for Strategic Studies and Research (ECSSR). It is reproduced by special permission from ECSSR.

Earlier this year, Cyprus impounded the Iranian-chartered freighter Monchegorsk, a vessel laden with war materiel bound for Syria (and perhaps beyond). This episode highlights the shortcomings of current UN and European Union sanctions on Iran, and underscores the need for a more systematic approach for dealing with Tehran's efforts to

On March 31, Washington took its first step toward engagement with Tehran through a diplomatic encounter with the Iranian government at the Afghanistan conference in the Hague. Even though the initial contact was awkward, it was clearly a step forward for the Obama administration, and both countries agreed that the

Turkey and Armenia are getting closer, and that's great news. Washington has long wanted the two countries to get over their differences, open their closed border, and establish diplomatic ties. If all that happened, it would be wonderful news. But euphoria over Turkish-Armenian rapprochement should not, however, obfuscate the big

The reconstruction period that followed the 2006 Israel-Lebanon War can be instructive for those seeking to curtail Hamas's political influence as Gaza enters a period of restoration. This article assesses the stakes for the Middle East and the international community in this early phase of rebuilding Gaza. © IHS (Global)

The deepening global financial crisis has focused international attention on failing companies, rising unemployment, and diving stock markets. Little attention, however, has been given to the downturn's significant effect on terrorist groups such as al-Qaeda, which has altered its central message and is facing dwindling financial resources. Although the economic

On February 9, the Syrian minister of transportation announced that Washington had granted a license allowing Syria to purchase spare parts for two Boeing 747s that have been grounded for years. The announcement touched off intense speculation that the Obama administration would lift U.S. sanctions against Syria that have been