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  • Hillary Clinton: Time running out for diplomacy with Iran
     

    U.S. Secretary of State Hillary Rodham Clinton made clear Saturday that time is running out for diplomacy over Iran’s nuclear program and said talks aimed at preventing Tehran from acquiring a nuclear weapon would resume in mid-April. With speculation over a possible U.S. or Israel military attack adding urgency to the next round of discussions […]

     
  • U.S. Might Have More Oil Than Saudi Arabia, But…
     

    People are often confused about the overall extent of U.S. oil reserves. Some claim that the U.S. has hundreds of billions or even trillions of barrels of oil waiting to be produced if bureaucrats will simply stop blocking development. In fact, in a recent debate between Republican candidates contending for Gabrielle Giffords’ recently vacated House seat, one candidate […]

     
  • Secretary of State Clinton to Visit Saudi on Friday and Saturday
     

    Clinton will be in Saudi Arabia’s capital of Riyadh Friday and Saturday. There, she’ll meet with Saudi King Abdullah and participate in an event dedicated to the “strategic cooperation” between the U.S. and Gulf Arab states. Washington and many of its allies say Syrian President Bashar Assad has lost all legitimacy in a year of […]

     
  • Geithner welcomes Saudi oil pledge
     

    U.S. Treasury Secretary Timothy Geithner said he welcomed Saudi Arabia’s pledge to continue to make sure oil supplies are sufficient to meet demand.

     

MUST-READS

  • U.N. says still concerns about Yemen trade despite U.S. allowing Houthi deals

    The United Nations is still hearing concerns that companies are planning to cancel or suspend business with Yemen despite a U.S. decision to allow all transactions with the Houthi movement “given this move does not resolve underlying uncertainties,” U.N. spokesman Stephane Dujarric said on Tuesday.

  • U.S. State Dept says working to conclude Houthi terrorist designation review

    President Joe Biden's nominee for Secretary of State Antony Blinken said earlier this week that Washington would take a look at the designation, which U.N. officials and aid groups fear is complicating efforts to combat the world's largest humanitarian crisis.

  • Saudi minister optimistic U.S. ties will be ‘excellent’ under Biden: Al-Arabiya

    Saudi Arabia’s foreign minister has voiced optimism that relations between Riyadh and Washington will be “excellent” under new U.S. President Joe Biden, Al-Arabiya TV channel cited him as saying on Thursday. Appointments made by Biden show “understanding of the common issues” by the new U.S. administration, Prince Faisal bin Farhan added, according to Twitter posts by the Saudi-owned, Dubai-based TV channel.

  • UAE signs deal with U.S. to buy 50 F-35 jets and up to 18 drones: sources

    One of the people said the agreement was signed about an hour before Biden was sworn into office. The document gave the United Arab Emirates the chance to accept the negotiated schedule and configuration of the jets while also making the purchase request official.

  • Iran blacklists Trump, U.S. officials as his term nears end

    Other blacklisted individuals included Central Intelligence Agency Director Gina Haspel; former National Security Adviser John Bolton; former U.S. Iran envoy Brian Hook; Elliott Abrams, Washington’s special representative on Iran and Venezuela; and Treasury Department sanctions official Andrea Gacki, it said.

  • Iran Rebukes EU on Trade Channel Set Up to Avoid U.S. Sanctions

    Trump withdrew the U.S. from a six-power nuclear deal with Iran in 2018 and restored a swath of sanctions on the Islamic Republic. Biden told the New York Times in December he will look for “follow-on agreements to tighten and lengthen Iran’s nuclear constraints” and address its missile program, something Iran has said is strictly off limits.

  • U.S. Shale Is Gaining Influence Over Oil Markets

    The resilience of the U.S. shale oil industry can be attributed to improving technology and expertise which along with growing operational efficiencies has caused breakeven prices to steadily fall. According to the Dallas Federal Reserve, new shale oil wells have an average breakeven price of $46 to $52 per barrel compared to around $77 a barrel in 2014.

  • Saudi appeals court reduces sentence of U.S.-Saudi physician – documents

    A Saudi appeals court has nearly halved a six-year jail sentence handed to a U.S.-Saudi physician whose case has been closely followed by Washington and suspended the rest of his term, court documents showed, meaning he will not have to serve any more time in prison.

  • OPEC sees U.S. shale output recovering further on oil rally

    The supply outlook for U.S. shale oil is slightly more “optimistic” because of rising crude prices and output will recover further in the second half of this year, OPEC said on Thursday. U.S. total oil supply will rise by 370,000 barrels per day (bpd) in 2021 to 17.99 million bpd, the Organization of the Petroleum Exporting Countries said in a monthly report, up 71,000 bpd from the previous forecast.

  • The Biden Transition and Reshaping U.S. Strategy: Replacing “Burden Sharing” with Meaningful Force Planning

    It makes it clear that Biden transition needs to replace the current U.S. political emphasis on burden sharing with a net assessment of comparative defense spending and joint force planning in order to create the mixtures of deterrence and war fighting capabilities that both the U.S. and its strategic partners really need.