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42. How Verbal Threats to Close Oil Transit Chokepoints Lead to Military Conflict
- Author:
- John Bowlus
- Publication Date:
- 01-2012
- Content Type:
- Policy Brief
- Institution:
- Global Political Trends Center (GPoT)
- Abstract:
- On December 26, 2011, in response to US, European, and potential Asian sanctions on Iranian oil exports, the government in Tehran issued a threat to “cut off the Strait of Hormuz.” The US Defense Department responded that any blockade of the strait would be met with force. On first read, it is easy to dismiss such saber rattling as another chapter in the new Cold War in the Middle East between Iran and its allies – including Syria, Hamas, and Hezbollah – and the US, Israel, and the Sunni Gulf States, mostly notably Saudi Arabia. Iran has since backed away from its threat, but the event still carries importance because it is unclear how both the US and Iran will continue to respond, particularly as the diplomatic and economic pressures grow more acute while Iran's controversial nuclear program advances. Could such a verbal threat by Iran to cut off the Strait of Hormuzignite a military conflagration in the region? The relationship between military conflict and oil supply disruptions is well established; however, policymakers and analysts tend to focus on the incidents in which military conflict causes disruptions in oil supplies and sharp increases in prices. The first and most obvious example of this dynamic was the Arab-Israeli War of 1973. The subsequent oil embargo by the Arab members of the Organization for Petroleum Exporting Countries (OPEC) against the United States and the Netherlands for their support of Israel caused prices to soar as oil-consuming nations endured supply shortages. The Iranian Revolution from 1978 to 1979 was another event that curtailed Western nations' access to oil and caused prices to spike. When thinking about the relationship between military conflict and oil supply disruptions, however, policymakers and analysts should also recognize that the competition over oil – and even verbal threats to disrupt oil supplies by closing oil transit chokepoints – have either led directly to military conflict or have provided a useful cover under which countries have initiated military conflict. By examining past episodes when countries issued threats to close oil transit chokepoints, this Policy Brief helps illuminate the dangers associated with the current crisis over the Strait of Hormuz.
- Topic:
- Foreign Policy, Diplomacy, Economics, and Sanctions
- Political Geography:
- United States, Europe, Middle East, Asia, and Arabia
43. U.S.-Turkey Relations: A New Partnership
- Author:
- Stephen J. Hadley, Steven A. Cook, and Madeleine Albright
- Publication Date:
- 05-2012
- Content Type:
- Policy Brief
- Institution:
- Council on Foreign Relations
- Abstract:
- Among the most important developments in international affairs of the past decade is the emergence of Turkey as a rising regional and global power. Turkey has long been an important country as a stalwart member of the North Atlantic Treaty Organization (NATO), an aspirant to European Union (EU) membership, and an important link between the West and the East. Yet the changes in Turkey over the past decade have been so dramatic—with far-reaching political and economic reforms, significant social reforms, and an active foreign policy—that the country is virtually unrecognizable to longtime Turkey watchers. Today Turkey is more democratic, prosperous, and politically influential than it was five, ten, and fifteen years ago.
- Topic:
- Foreign Policy, Political Violence, Democratization, Economics, Human Rights, and Bilateral Relations
- Political Geography:
- United States, Europe, Central Asia, Turkey, and Middle East
44. Turkey and Saudi Arabia: Newly Discovered Partners?
- Author:
- Muhittin Ataman
- Publication Date:
- 07-2012
- Content Type:
- Policy Brief
- Institution:
- SETA Foundation for Political, Economic and Social Research
- Abstract:
- When we consider Saudi Arabian large population, territories and natural resources, it is obvious that it will continue to preserve its geopolitical, geo-economic and geo-cultural importance in future. The assumption of King Abdullah as the ruler of the country provided an opportunity to restructure the country's foreign policy. The new king began to follow a more pragmatic, rational, interdependent, multilateral and multidimensional foreign policy. He pursues an active foreign policy required to be less dependent on a single state (the United States) and on a single product (oil).
- Topic:
- Foreign Policy, Economics, International Trade and Finance, Oil, Political Economy, and Bilateral Relations
- Political Geography:
- United States, Turkey, Middle East, Arabia, and Saudi Arabia
45. European Neighbourhood Policy: How to Reconcile EU's Offer with Neighbour's Expectations?
- Author:
- Beata Wojna and Monika Arcipowska
- Publication Date:
- 11-2011
- Content Type:
- Policy Brief
- Institution:
- The Polish Institute of International Affairs
- Abstract:
- Since its launch in 2004, the ENP has succeeded in bringing about a strengthening of economic relations, especially trade, between the EU and its neighbours. However, the political record of the seven-year implementation of this policy is relatively poor. The violent, unprecedented socio-political changes in North Africa and the Middle East, which started in January 2011, revealed weaknesses and problems in the European policy towards its southern neighbours as developed in the framework of the Barcelona Process and the Union for the Mediterranean. Arab spring has shown that the EU support to introduce political reforms and to build and consolidate democracy in the southern neighbouring countries has yielded very limited results. The Eastern Partnership seems to be one of the few positive manifestations of the European Neighbourhood Policy's evolution in recent years but is not free from problems. The most tell-tale sign of the Eastern Partnership's deficiencies is a palpable relapse in democratisation.
- Topic:
- Foreign Policy, Economics, International Trade and Finance, and Regional Cooperation
- Political Geography:
- Africa, Europe, and Middle East
46. The Arab Revolt: Roots and Perspectives
- Author:
- Vicken Cheterian
- Publication Date:
- 02-2011
- Content Type:
- Policy Brief
- Institution:
- The Geneva Centre for Security Policy
- Abstract:
- The Arab revolt that started in Tunisia and over¬threw the reign of Zein El-Abedeen Ben Ali is taking the form of a huge wave. The regime of Hosni Mubarak of Egypt, the central state of the Arab World, followed suit. Uprising in Libya continues, in spite of attempts by the Kaddhafi regime to kill it in blood and fire. Ali Abdallah Saleh of Yemen declared that he will not seek a new mandate, a concession which only emboldened both opposition and youth revolt. King Abdallah of Jordan sacked the unpopular government of Samir Rifai, and named Maruf Bakhit as the new prime minister and asked him to bring “true political reforms”. In a word, the entire Arab World is facing an unprecedented wave of revolt.
- Topic:
- Political Violence, Corruption, Economics, and Insurgency
- Political Geography:
- Middle East, Libya, Arabia, Egypt, and Tunisia
47. Saudi Public Backs Iran Sanctions but Split on Military Action
- Author:
- David Pollock
- Publication Date:
- 01-2010
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- A highly unusual and credible private poll of Saudi citizens taken in late November 2009 by a reputable regional firm shows solid popular support for tough measures against Iran, even though domestic economic issues loom larger in the public's perception. Conducted in partnership with Pechter Middle East Polls, a new, Princeton-based research organization, the survey involved face-to-face interviews with a representative sample of 1,000 Saudi citizens in the major metropolitan areas of Riyadh, Jeddah, and Dammam/al-Khobar. A comparable poll was conducted in Egypt during the same period, with a representative national sample of 1,000.
- Topic:
- Arms Control and Proliferation, Economics, Weapons of Mass Destruction, and Sanctions
- Political Geography:
- Iran, Middle East, Arabia, and Saudi Arabia
48. Iran's Subsidies Conundrum
- Author:
- Semira Nikou
- Publication Date:
- 09-2010
- Content Type:
- Policy Brief
- Institution:
- United States Institute of Peace
- Abstract:
- Iran has subsidized petroleum products, basic foodstuffs, medical goods and utilities since 1980, first to manage hardships during the eight-year war with Iraq, and then to prevent political and economic challenges after the war. Since the 1990s, three presidents have tried to cut back subsidies that are now estimated to cost Iran between $70 billion and $100 billion annually. President Mahmoud Ahmadinejad won parliamentary approval for a controversial plan to phase out subsides by 2015. Under the plan, universal price controls are to be replaced with small cash payments to families and direct support of industries. Some economists are concerned that lifting price controls will trigger dramatic rises in inflation and unemployment. The cutbacks come at a time the government already faces serious economic troubles and tougher international sanctions. For the public, the change is likely to produce the most economic disruption since the revolution. Economic reforms have triggered unrest in the past. If reform succeeds, however, the program could help reduce waste, shrink state outlays and enhance efficiency and productivity.
- Topic:
- Economics, Labor Issues, and Monetary Policy
- Political Geography:
- Iraq, Iran, and Middle East
49. Sharing the Pain: The Global Struggle Over Savings
- Author:
- Michael Pettis
- Publication Date:
- 11-2009
- Content Type:
- Policy Brief
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- In September, the Obama administration imposed tariffs on Chinese tires. In October, the U.S. Department of Commerce announced it would launch an investigation into imports of seamless steel pipes from China. That same month, the U.S. Chamber of Commerce and the U.S.–China Business Council, two groups that in the past have defended Chinese policies, testified to the Office of the U.S. Trade Representative that Chinese contracting rules, technical standards, and licensing requirements were protectionist.
- Topic:
- Economics, Globalization, Foreign Direct Investment, and Financial Crisis
- Political Geography:
- China, Middle East, and Asia
50. Icon or Omen? Dubai's Debt Problem and the Gulf
- Author:
- Simon Henderson
- Publication Date:
- 12-2009
- Content Type:
- Policy Brief
- Institution:
- The Washington Institute for Near East Policy
- Abstract:
- Late on November 25, just before the start of the Islamic Eid festival and, coincidentally, Thanksgiving in the United States, Dubai's flagship investment company Dubai World announced that it would be requesting a six-month delay on paying its debts. Within hours, Dubai's reputation was being rewritten, and its ambition to be a financial center, building on its historic reputation as a focal point for regional trade, was being recast. Uncertainty continued on November 30, when the Dubai government said that it would not guarantee Dubai World's debt. In any event, the larger story has been the nervousness of world financial markets, which are now also evincing worry about the debt of countries like Greece or Ireland. Within the Middle East, the focus is on the extent of support that Dubai will receive from Abu Dhabi, the neighboring -- and richer -- member sheikhdom of the United Arab Emirates (UAE), whether other city-states like Bahrain and Qatar are also at risk, and whether Dubai's links with Iran will change as a result of its financial situation.
- Topic:
- Debt, Economics, and Financial Crisis
- Political Geography:
- United States, Iran, Middle East, Arabia, Bahrain, Dubai, and Abu Dhabi