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  • Qatar targets $10 billion of investments in U.S. ports -sources

    Qatar plans to invest at least $10 billion in U.S. ports and has approached international banks for financing help, three finance sources say, in an infrastructure spree that reflects the Gulf country's deepening ties with Washington. The Middle East and Western sources familiar with the matter said Doha was targeting investments in ports around the U.S. East Coast which were expected to be developed in phases, adding that the plan was at a preliminary stage.

  • Timeline: Oil Dependence and U.S. Foreign Policy

    The United States’ dependence on oil has long influenced its foreign policy. This timeline traces the story of U.S. oil development, and the resulting geopolitical competition and environmental concerns, in more than forty milestones. The three major periods include the rise of oil as a commodity, beginning in 1850; the post-WWII age of geopolitical competition; and the current era of deregulation and diversification.

  • Saudi Arabia Sells $8 Billion in U.S. Debt, Bringing Its Holdings to 4-Year Low

    Saudi Arabia’s hoard of U.S. Treasuries fell to the lowest level in about four years in October, even as the country’s oil revenue surged. The kingdom sold around $8 billion in U.S. government debt, the most in over a year, bringing its stock to $116.5 billion, according to Treasury Department data. It was the biggest seller after Norway, which sold $16 billion in October, the latest month for which figures are available.

  • U.S. expects Permian oil output to reach record in December

    Supplies from the Basin, which straddles West Texas and New Mexico, is projected to reach 4.96 million barrels a day in December, the Energy Information Administration said Monday in a report. The current record of 4.91 million barrels a day was set in March 2020. The agency also sees supplies exceeding 5 million barrels a day next month for the first time in data going back to 2007.

  • United Arab Emirates Threatens to Pull Out of $23 Billion F-35, Drone Deal With U.S.

    The United Arab Emirates is threatening to pull out of a multibillion-dollar deal to buy American-made F-35 aircraft, Reaper drones and other advanced munitions, U.S. officials said, in what would be a significant shake-up between two longtime allies increasingly at odds over China’s role in the Gulf.

  • Opinion: What Does U.S. “Withdrawal” from the Middle East Mean?

    The debate on U.S. policy in the Middle East needs to move away from abstractions like “commitment” versus “withdrawal” and engage with the real questions of just what interests in the Middle East justify the presence of U.S. military force and what threats justify its use.

  • U.S. officials to discuss tightening Iran sanctions compliance on UAE trip

    The United States will send a senior government delegation to the United Arab Emirates next week to meet with banks over concerns about Iran sanctions compliance, a State Department spokesperson said on Thursday, as nuclear talks with Iran stall. The move suggests Washington is looking to crank up economic pressure on Tehran amid Western doubts about Tehran's determination to salvage the 2015 nuclear accord.

  • Saudi women’s rights activist says phone hack by U.S. contractors led to arrest – lawsuit

    A Saudi Arabian women's rights activist accused three former U.S. intelligence contractors of an illegal hack of her phone that was instrumental in her being arrested and later tortured in her home country, according to a lawsuit filed in a U.S. court. Loujain al-Hathloul helped lead a campaign to allow Saudi Arabian women to drive by live-streaming herself violating the ban, which was lifted in 2018.

  • Iraqi official says U.S.-led troops end combat mission, as planned

    Iraq's national security adviser said on Thursday that U.S.-led forces had ended their combat mission in Iraq, a move that transfers all remaining troops into a training and advising role. Qasim al-Aaraji said on Twitter that the combat mission had ended on schedule ahead of the end of the year and that combat troops were to withdraw.

  • U.S. moves to tighten Iran sanctions enforcement as nuclear talks stall

    he Biden administration is moving to tighten enforcement of sanctions against Iran with the despatch of a senior delegation to the United Arab Emirates next week, the U.S. State Department said on Thursday. The delegation, which will include the head of the U.S. Treasury's Office of Foreign Assets Control, Andrea Gacki, will warn banks in the UAE that have business with Iran and are not in compliance with the sanctions.