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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 >

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 >

COVID-19 in Algeria: Responses and Future Outlook

en français Younes Bahri, Algeria, NESA Alumnus While Algeria has gradually regained stability after a year of political, social, and economic turmoil, the COVID-19 pandemic hit the country at an inopportune time that disrupted this process of stabilization.  The pandemic has been a true test for the new President, Abdelmadjid Tebboune, and the newly established 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 >

Iran’s Ballistic-Missile and Space Program: An Assessment

Since the early 1970s, Iran has sought to develop strong missile capabilities. In recent years, Tehran’s arsenal has evolved to become the largest and most diverse in the Middle East, though not the most lethal or longest-range. Israel and Saudi Arabia have also developed formidable capabilities. Iran’s program, however, has attracted more political and academic Read More >

Iran-Asia Energy Partnership

Few countries in the world can match Iran’s geo-economic and geo-political significance in the global energy markets. The country holds the world’s largest proven natural gas reserve (18.2 percent) and fourth oil reserves (9.3 percent). It is a founding member of both the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum Read More >

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