Research

Chuck Freilich analyzes Russia's growing influence n the Middle East.

"Despite being on different sides of the Syrian civil war, Putin has managed to bring Riyadh into its diplomatic orbit through cooperation on oil policy, given how both Saudi-led OPEC states and Russia need substantially higher prices for government budgets to break even."

"...Saudi Arabia's energetic and ambitious young deputy crown prince, Mohammed bin Salman, appears to see beyond the immediate threat of U.S. shale to the Saudi oil industry....He is focused on the broader need for major reform of the Saudi economy.  Climate change will plainly be a major problem of the 21st century, and the world is moving away from fossil fuels: game over for an unreformed Saudi Arabia."

"For some time, many people at home and abroad have bought into the myth of American decline. Increasing dependence on energy imports was often cited as evidence. The shale revolution changes that dependence and demonstrates the combination of entrepreneurship, property rights and capital markets that are this country's underlying strength."

"...[A] revolution in Saudi Arabia or a blockade of the Strait of Hormuz could still inflict damage on the US and its allies. So, even if America had no other interests in the Middle East, such as Israel or nuclear non-proliferation, a balance of energy imports and exports would be unlikely to free the US from military expenditures — which some experts estimate run to $50 billion per year — to protect oil routes in the region."

"With France as the unstated leader, the Mediterranean Union is also animated by a hope to stabilize the region, improve it economically and thus slow the flow of illegal Arab immigration, and provide an alternative to extremism and terrorism. A modern and open Libya, brought to the world by France, would be a major step toward a new European center of gravity, mainly France."