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Quarterly Oil Market Update from Jadwa Investment finds Cuts Contributing to Lower Balances
- April 25,2017
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- SUSTG Team
If Saudi Arabia as the de-facto head of OPEC used to set the ceiling for the price of oil, now it looks like that role has been taken over – by U.S. shale producers. However, Saudi Arabia can still set the floor. According to recently released data by Riyadh-based Jadwa Investment, Both OPEC and non-OPEC […]
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7 Major Changes to the Kingdom of Saudi Arabia that Happened This Weekend and What They Mean
- April 24,2017
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- Lucien Zeigler
Over the weekend, Saudi Arabia’s King Salman announced a series of major changes to key leadership positions, a new “national security center” for Saudi Arabia that is affiliated with the Royal Court, and more. Here’s what is different now for Saudi Arabia and what those changes mean for the Kingdom, U.S.-Saudi relations and Saudi Arabia’s […]
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Saudia Chief Al-Shibl: Saudi Arabian Airlines is Seeking to Become the Largest Carrier in the Middle East
- April 21,2017
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- SUSTG Team
Saudi Arabian Airlines is seeking to once again become the largest carrier in the Middle East and efforts are underway toward achieving this goal, Dr. Ghassan Al-Shibl, chairman of the board of Saudia told Asharq Alawsat around the U.S.-Saudi Arabia CEO Summit. Al-Shibl said that Saudia has reached a deal that will see the state-owned airline purchase 30 […]
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Secretary of State Rex Tillerson, Saudi Minister of Commerce Dr. Majed Al-Qassabi Deliver Keynote Remarks at U.S.-Saudi Arabia CEO Summit
- April 20,2017
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- SUSTG Team
Secretary of State Rex Tillerson gave his first on-the-record public speech as Secretary yesterday to the U.S.-Saudi Arabia CEO Summit, hosted by the U.S. Chamber of Commerce, the Saudi Committee for International Trade and the Council of Saudi Chambers of Commerce. The Secretary said that the U.S.-Saudi Relationship should be “taken to new heights” and […]
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FULL TEXT: Secretary of State Rex Tillerson’s Remarks at the U.S.-Saudi Arabia CEO Summit
- April 20,2017
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- SUSTG Team
Full text of the Secretary of State’s remarks at the U.S.-Saudi CEO Summit, hosted by the U.S. Chamber of Commerce, the Saudi Committee for International Trade and the Council of Saudi Chambers of Commerce. *** SECRETARY TILLERSON: (Applause.) Well, thanks so much, Tom, and good afternoon to all of you. And Tom and I are old […]
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U.S. Secretary of Defense Jim Mattis Arrives in Saudi Arabia; First Top Trump Administration Official to Visit Kingdom
- April 18,2017
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- SUSTG Team
U.S defense Jim Mattis arrived in Saudi Arabia today, his first stop on a tour through the Middle East that will “focus on the fight against Islamic State and articulating President Donald Trump’s policy toward Syria,” Reuters reports. وزير الدفاع الأمريكي #جيم_ماتيس يصل #الرياض في أول زيارة لل #السعودية منذ توليه مهامه pic.twitter.com/Bp8RiYRlQp — U.S. […]
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Saudi Arabia Looks to Overhaul Billions in Government Projects, Report Says
- April 17,2017
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- SUSTG Team
Saudi Arabia’s government is ordering its ministries and agencies to review billions of dollars’ worth of unfinished infrastructure and economic development projects “with a view to shelving or restructuring them,” a report in Reuters said, citing government sources. According to the report, Riyadh’s Bureau of Capital and Operational Spending Rationalization, set up last year to make […]
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Saudi Arabia Praises Trump Airstrike Punishment of Syria Chemical Attack
- April 7,2017
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- SUSTG Team
Saudi Arabia said on Friday it “fully supports” U.S. strikes on military targets in Syria, saying it was a “courageous decision” by President Donald Trump in response to the use of chemical weapons against civilians. The United States had fired nearly 60 Tomahawk missiles at a military airfield in Syria, the first direct military action […]
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In Shift from Obama, Trump to Host Egypt’s President Sisi at the White House for Lengthy Lunch Meeting
- April 3,2017
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- SUSTG Team
Egypt’s strongman president Abdul Fattah al-Sisi will visit the White House for the first time since he led the military’s overthrow of his predecessor in 2013, marking a shift in U.S. policy under President Obama who never invited him to the White House. President Trump “wants to use President Sisi’s visit to reboot the bilateral relationship and […]
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U.S. Military Footprint Growing in the Middle East
- March 30,2017
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- SUSTG Team
Two months after the inauguration of President Trump, indications are mounting that the United States military is deepening its involvement in a string of complex conflicts in the Middle East – including in Yemen – that lack clear endgames, the New York Times reports in a detailed look at U.S. escalation in regional conflicts. According […]
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MUST-READS
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U.S. Power and Influence in the Middle East: Part Four
After 9/11, that shifted. U.S. policymakers came to see the threats the country faced as too urgent for the slow back-and-forth of diplomacy, and too vital to brook any compromise. Warriors came to the fore, and diplomats receded.
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U.S. Pessimistic on Iran Nuclear Talks Revival
“I can’t be confident it’s imminent,” Robert Malley, U.S. Special Envoy for Iran, told reporters on Sunday at a conference in Qatar. “A few months ago we thought it was imminent.”
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Interactive Map: Crude Oil Pipelines and Refineries of U.S. and Canada
The U.S. and Canada alone are home to more than 90,000 miles of crude oil and petroleum product pipelines, along with more than 140 refineries that can process around 20 million barrels of oil every day.
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Commentary: The U.S., the Gulf, and Yemen – A Season of Frustration
But U.S.-Gulf relations can and should be more than transactional. Seven years since their intervention, Saudi Arabia and the UAE remain mired in a disaster in Yemen, and they’ll need U.S. assistance to end the war, which is a stated goal of the Biden administration.
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Israel’s U.S., Arab partners close ranks on Iran and urge Palestine talks
Attending the Lapid-hosted summit in a desert hotel will be the United Arab Emirates, Bahrain and Morocco, which were part of the so-called Abraham Accords brokered by the Trump administration to normalise ties with Israel.
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Russian agents charged with targeting U.S. nuclear plant, Saudi oil refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery.
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Houthi Attacks Show Need for Stronger U.S.-Saudi Defense Cooperation
The Biden administration should prioritize strengthening America’s diplomatic coordination and dialogue with its Arab Gulf partners and bolster security cooperation against shared Iran-backed threats, especially in the air defense realm.
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Iran hasn’t agreed to U.S. conditions for removing IRGC from terror list
Iranian officials have not agreed to publicly commit to de-escalation in the region — a U.S. condition for removing the country's Islamic Revolutionary Guard Corps (IRGC) from a terror list, two U.S. sources with direct knowledge of the issue and one Israeli official told me.
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U.S.-Europe Energy Agreement Expected Friday, Biden Aide Says
The European Commission on Wednesday adopted a draft regulation that requires countries to ensure that gas storage is filled to 80% before next winter and 90% in following years. The commission, the bloc’s executive arm, also called for joint purchases of gas by member states to help secure the best conditions.
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Analysis: Riyadh gets U.S. military help as Washington seeks better ties
Soon after taking office in 2020, Biden halted support for coalition offensive operations, initiated a review of arms sales to Saudi Arabia and tasked a special envoy to press Riyadh to lift a coalition blockade on Houthi-held areas to secure a truce with the movement. Biden has also refused to deal directly with Crown Prince Mohammed bin Salman as Saudi’s de facto ruler. Since then, there have been a series of difficult U.S.-Saudi meetings in the Gulf state, including between U.S. National Security adviser Jake Sullivan and Prince Mohammed last September. Another top U.S. adviser Brett McGurk was in Riyadh last week to discuss oil supplies and Yemen.
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