Turkish President Recep Tayyip Erdogan’s foreign policy moves almost always have a domestic angle, and his pivot back to the West since his reelection in May, as well as his return to orthodox economic policies, could all be aimed at one goal: winning favor with urban voters ahead of the 2024 municipal elections.
Over the past two decades, Iran has used its political influence in Baghdad to consolidate a strong position in various sectors of Iraq’s economy. Now competition for investments in Iraq, and the economic influence that goes along with them, has become increasingly intense, with Saudi Arabia and the UAE leading the charge.
In recent years, the GCC member states have made efforts to shift toward renewable energies, while turning to China as a key partner in doing so. But while that partnership has proved fruitful in terms of investments in renewables, it has also paradoxically alleviated the pressure the GCC countries feel to abandon hydrocarbons.
