India has strengthened its alliance with Iraq over the past year, primarily due to energy dependence. The ISIL crisis in Iraq could have repercussions for India’s energy policy as well as its foreign policy dealings with the Middle East. When the BJP took charge in New Delhi, a fragile Iraq was beginning to face a […]
ISIL’s recent territorial gains pose a significant threat to the security and stability of Iraq and its neighbors. For Iran, however, ISIL threatens to topple its most significant regional trading partner and economic lifeline. This article is part of a GRI series on ISIL, Iraq, and the Middle East. The vast territorial gains made by ISIL in […]
The Islamic State of Iraq and the Levant (ISIL) has moved onto the Kurdistan Regional Governorate’s doorstep, killing and plundering its way from Mosul to near Baghdad. Some champions of Kurdistan see opportunity, all the while Iraq faces an existential threat. This article is part of a GRI series on ISIL, Iraq, and the Middle East. As ISIL moved […]
ISIL has conquered substantial territory in past weeks, but also gained new enemies. The increased focus on and military contra against ISIL means that the group cannot continue for long. This article is part of a GRI series on ISIL, Iraq, and the Middle East. In the coming months, the gains made by The Islamic State […]
ISIL is proving to be not just a political threat to Iraq, but an economic one too. Nevertheless, Iraq-Turkey trade and investment prospects will not suffer as ruinous a decline as some fear. This article is part of a GRI series on ISIL, Iraq, and the Middle East. As the Islamic State of Iraq and the Levant (ISIL) […]
It was fashionable in 2007 to label the Iraq War as the next Vietnam. It was easy to draw parallels – weak local allies, a post-invasion quagmire, insurgency, inability to win the “hearts and minds” led pundits to declare the Iraq War as ‘Vietnam 2.0.’ With a major crisis unfolding in the past week, it […]
Despite innovation in the US oil patch, the big stories in oil still lie outside the US—where hydraulic fracturing and innovation in drilling technology are unlikely to play a major role in its extraction. The oil business is likely to remain messy for the foreseeable future. For better or worse, oil will remain central to […]
This is the first of a two-part interview with Brady Jewett, Kurdistan Region Project Editor at Invest in Group, a publishing and research consultancy in partnership with the Kurdistan Regional Government to promote investment in the Region. 1) Let’s start broadly: Why do you think investors should come to Iraqi Kurdistan? There are several reasons. To begin, […]
Tension between the Kurdish Regional Government (KRG) and the Iraqi central government once again escalated as a new pipeline links oil fields in Northern Iraq directly to Turkey. Turkey has bought oil from the Kurdish region in northern Iraq before, but oil transfer was carried out by trucks, which kept the amount of exports at […]
Predicting oil trends was always a precarious job, and 2014 will not be any different in that regard. But the year ahead could bring developments with longer-term consequences for the global energy markets. 1. Energy revolution in North America shapes global markets The energy boom in North America will continue to change global energy trends […]
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