An article by Omar Al-Ubaydli talks about how OPEC must use the opportunity to modernize their image.
Between US President Joe Biden’s decision to ban Russian oil and gas imports into the United States starting from march 8, 2022 and the final statement of the European Union Summit march 10-11, 2022, which included the Leaders’ Agreement for Europeans to phase out their dependence on gas, oil and coal imports from Russia, the question arises: How can the energy issue reshape the global landscape in the short and long term?
The Bahrain Center for Strategic, International and Energy Studies (Derasat) hosted a discussion panel titled ‘EU-Bahrain: A Multi-Dimensional Partnership’, on Monday, 7 March 2022, to discuss further enhancing relations between the Kingdom of Bahrain and the European Union. The event coincides with the first anniversary of the signing of the Cooperation Arrangement between Bahrain’s Ministry of Foreign Affairs and the European External Action Service signed on 10 February 2021, which provides an institutional framework for political dialogue and cooperation in areas such as trade, research, and innovation, clean energy, and renewables.
The forum measured the aspiring economic and developmental goals and achievements in the MENA countries, especially the Arabian Gulf States, towards their ambitious environmental goals and efforts to curb pollution and climate change while preparing to withstand and benefit from the global shift to a green energy mix that focuses on renewables and alternatives.
Conflict between the world’s major powers is intensifying, and policymakers are actively disengaging their economies from those of their adversaries in an attempt to gain an advantage. While this tactic brings short-term gains, its long-term effect could be World War 3.
Why did the Ukrainian crisis develop so rapidly into the current situation? The well known version of the story is attributed to the expansion of NATO by annexing the republics of the former Soviet Union e.g. Czech Republic, Poland, Hungary, Lithuania, Latvia, Estonia, Slovenia, Slovakia, Bulgaria and Romania. But when that expansion reached the borders of Ukraine, we are facing the crisis of this magnitude… why Ukraine? To answer simply, Ukraine is a buffer state between major powers. What is a buffer state?