... prices have declined significantly since the middle of 2014, causing significant concern among major oil exporters, among the Russia and the countries of the Gulf Cooperation Council (GCC; Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE). There have been significant calls for cooperation between the GCC states, other OPEC members, and ... ... an excuse after any non-compliance with a coordinated output cut is detected.
REUTERS/Abdalrhman Ismail
Maxim Suchkov:
The Middle East between the U.S. and Russia:
Potential Traps for Moscow
Even if Russia decided to keep its word, and its oil companies ...
... is ready to instrumentalize radical Islamists).
Yet, similar to Saudi Arabia, Turkey appears to underestimate the threat posed ... ... via political negotiations.
To sum up, it can be stated, that Russian actions over Syria, accompanied by Moscow’s concrete ... ... creating a united front in the struggle against terrorism in the Middle Eastern region, and then at enabling a gradual political ... ... ultimately in the interest of all its countries, including the GCC states.
EPA / ALEXEY NIKOLSKY / RIA NOVOSTI
Julien Nocetti:
...
... on the lifting of economic sanctions imposed on Iran. This important development in Middle Eastern strategy led to extensive commentary from many different stakeholders... ... the governments of the United States, Israel, Iran, and the Gulf Cooperation Council (GCC) countries.
Russian and GCC commentators are very familiar with both Iranian and Western views regarding... ... impact the fiscal balances of major oil exporters in the MENA region, shaving 5% off Saudi Arabia’s GDP and 10% off Libya’s GDP. This would correspond to a loss...
