Libya’s Fires

by Wayne White The Libyan National Oil Corporation (NOC) ended on January 2 a fire that raged for days among tanks in Libya’s largest oil export terminal of Es-Sider, but the militia violence fed by the implosion of governance that… Continue Reading

Lower Oil Prices Will Not Turn Producers into Pushovers

by Paul R. Pillar The steep drop in the price of oil during the latter half of 2014 has generated much comment about how this development has weakened major oil-producing countries and supposedly made their governments more pliable on issues… Continue Reading

It’s Egypt That Needs Higher Oil Prices

by Thomas W. Lippman The country that could ultimately suffer the most damage from a sustained depression in the world price of oil could be one that is not a major producer: Egypt. Unable to sustain itself, Egypt is being… Continue Reading

Is Iran’s Rial in Free Fall?

by Djavad Salehi-Isfahani The decision announced last Monday in Vienna to extend the talks aimed at a compressive agreement on Iran’s nuclear program for an additional seven months has resulted in Iran’s currency taking dive. In one week, the rial lost… Continue Reading

Tracking Libya’s Progressive Collapse

by Wayne White Libya’s chaos and violence may seem like a continuum of painful replays. However, as the situation festers, the risk of extremist elements gaining a more dangerous foothold and broader freedom of action increases. Indeed, since the beginning… Continue Reading