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Oil Prices and Strategic Implications

Gawdat Bahgat, NESA discusses recent oil prices and strategic implications. In April 2020, oil prices collapsed to their lowest level ever. Producers had to pay consumers to take oil. Since then, prices have partly recovered. This severe fluctuation raises serious concerns about the strategic implications on oil-producing countries.               Read More >

Ramadan Soap Operas: “Cold Peace” vs. “Warming Peace”

بالعربية Pусский Gawdat Bahgat, NESA Center In 1979, Israel signed the first ever peace treaty with an Arab country – Egypt. Fifteen years later, in 1994, Jordan became the second Arab country to sign a peace treaty with the Jewish state. Since then, no formal treaties have been signed, but two major trends can be Read More >

The Global Collapse of Oil Prices – What Lies Ahead?

NESA Professor Dr. Gawdat Bahgat writes about the plummeting price of oil which, on April 20th, fell into negative territory for the first time in history. Sellers paid customers to take unwanted oil, highlighting the industry’s disarray and raising several important questions: why this extreme volatility? How will the United States respond as the world’s largest Read More >

Impact of the Coronavirus on Arab Gulf States

بالعربية Pусский Dave DesRoches, NESA Center The novel coronavirus is a traumatic event for the Arab states of the Gulf, surpassing even the security challenges posed by the invasion of Iraq in 2003 and the events following the 9/11 attacks in the United States.  The Arab Gulf states are all export economies that are reliant Read More >

COVID-19: Health and Economic Crises

بالعربية Pусский Dr. Gawdat Bahgat, NESA Since mid-February, people in the NESA region and around the world have been suffering from two overlapping crises – a health crisis and an economic one. Turkey and Iran have had the largest number of infected cases, but the virus has not spared any country in the region or Read More >

Geopolitics of Oil

بالعربية Pусский Dr. Gawdat Bahgat, NESA Center Last week, Saudi Arabia, Russia and the United States led a multinational coalition in major oil production cuts, the largest in world’s history, after a drop in demand due to the Coronavirus crisis and a Saudi-Russian feud devastated oil prices. Twenty three countries committed to withhold collectively 9.7 Read More >

Oil Price War: It Takes Three to Tango

Dr. Gawdat Bahgat, NESA Center In the last several weeks, people all over the world have understandably been occupied by the Covid-19 outbreak. The virus has spread globally and has already infected more than a million people. In addition to worrying about their own health, people are worried about their well-being, employment status, and prospects Read More >

Civil Nuclear Energy in the Middle East: Demand, Parity, and Risk

Highlighting the United Arab Emirates, Saudi Arabia, and Egypt, this paper studies the security policy implications of civil nuclear programs and assesses the prospects for indigenous nuclear industries and relationships with international suppliers. By NESA Professor Dr. Gawdat Bahgat and Professor Robert Mason (American University in Cairo) Read here. The views presented in this article Read More >

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