Energy

A textbook case of coercive diplomacy, Hezbollah's maneuver was calculated and deliberate, which reflects the group's strategic expertise. Drawing on open-source materials and public statements in Arabic and Hebrew, this article analyzes Hezbollah's coercive-diplomacy campaign and examines its implications for escalation scenarios between Israel and its central military opponent.

Belfer Center experts on the U.S.-China relationship and Middle East issues shared thoughts on the significance of the unexpected Iran-Saudi Arabia agreement brokered by China. 

Joseph Nye writes that even at this early stage, there are at least eight lessons— some old, some new— that the world is learning (or relearning) from the war in Ukraine.

Hamidreza Azizi and Nicole Grajewski analyze Russian Foreign Minister Sergei Lavrov's recent demands  for written guarantees that Western sanctions over Ukraine "will by no means affect our right to free and full-fledged trading, economic, investment, military and technical cooperation with Iran."

In late 2017, Mexico made headlines as Italian company Enel bid what was then a world-record low price for renewable energy in the country’s third such energy auction. This development was possible due to the historical and sweeping energy reforms passed with broad support in Mexico in 2013. Then-President Enrique Peña Nieto had succeeded where previous Mexican presidents had failed, reversing decades of resource nationalism and overhauling the energy sector through constitutional reforms that gave the private sector a larger role and advantaged renewable energy in Mexico’s economy. The 2017 auction seemed to indicate Mexico’s bright future not only as a conventional oil producer, but also as a clean energy power.

Russian military action in Ukraine could trigger an energy crisis even more serious than the one already hitting Europe. As has been pointed out, should the West hit Russia with severe new sanctions, President Vladimir Putin could cut off natural gas exports, leaving the continent shivering through midwinter. Yet there is another potential weapon of Russia’s that’s been less discussed and might be very effective: An ability to disrupt global oil markets, which would directly hit U.S. consumers.

What sounded so simple during last year’s presidential campaign has turned out, like everything related to Iran, to be quite complicated.

Henry Kissinger warns that many existing domestic and international institutions that have helped govern the past decades will not survive the Covid-19 crisis. He is surely correct.

On November 19, 2019, the Belfer Center’s Economic Diplomacy Initiative hosted a national security crisis simulation in the JFK Jr. Forum to a packed audience from the Harvard and MIT communities. 

Drawing on the experience of Belfer Center members who have served in the highest levels of the U.S. government, the event explored the nexus of U.S. economic power and its national security interests.

One of the most dramatic consequences of killing Iranian Quds Force commander Qasem Soleimani is unfolding at a rapid pace: the severing of ties between the United States and Iraq. There is still time to salvage this most critical relationship, but doing so will depend on the willingness and ability of the Trump administration to change the tone of the conversation in very short order. The current U.S. approach—calling for sanctions against Iraq if it demands the exit of American forces—risks unnecessarily creating an enemy out of a friend.