Shifts in global energy markets could weaken OPEC’s ability to set oil prices. The impact could shape three key geopolitical trends.
Gulf States Archive
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Over the past decade, the struggle between Iran and Saudi Arabia for dominance in the Middle East has insinuated itself into nearly every regional issue, fracturing international alliances and sustaining wars across the region. Meanwhile, Hamas’ attack on Israel on Oct. 7 and the ongoing war in Gaza serve as reminders that the conflict between Israel and Palestine cannot be simply wished away by regional powers and the United States.
The UAE’s foreign policy often runs directly counter to Washington’s interests. So why is the U.S. pursuing even closer ties with the Gulf state?
China’s expanding relations with the Gulf states play into Beijing’s broader goals. It’s also catching the eye of policymakers in the United States.