Gulf States

The cartel’s latest bid to increase profits will likely be counterbalanced by depressed summer demand and increased output by other producers.

Genuinely resolving the various entrenched disputes between GCC states is unlikely, so Washington should focus instead on managing relations with them bilaterally while still maximizing regional security.

A boost in Turkish drones and air defense systems enabled forces in Tripoli to establish local air superiority and ease pressure on the capital, leaving each side’s foreign patrons with tough choices about whether to escalate further or take steps to halt the fighting.

Riyadh’s negotiation efforts in Yemen’s north and south have faltered, raising questions about its ability to single-handedly shepherd the country toward peace.

Although the pandemic’s full regional consequences remain murky, some early trends are becoming clear, from caution among certain proxy patrons, to escalation among others, and a looming financial crunch for all.

The prospect of a full shale collapse has spurred politicians and oil companies to raise furious questions about the future of U.S. economic and military cooperation with Saudi Arabia.

The market appears to doubt that the deal will suffice, and royal family dynamics could push the oil crisis into further rounds.

Reflecting just how emboldened the Houthis have become, their latest ceasefire document advocates maximalist positions on core issues while demanding that other actors foot the bill for reconstruction, reparations, economic recovery, and virus containment.

Both governments have gone “crazy” in the fast-moving price war, but the White House is apparently divided on who to blame and how much to get involved.