On October 2, AGSIW held its fifth annual Petro Diplomacy conference, exploring what measures the oil-producing states are adopting to manage the global transition to renewables and alternative energy sources and how this will impact demand for oil in the decades ahead.
On October 18, 2018, the Arab Gulf States Institute in Washington convened its fourth annual Petro Diplomacy conference, “Back to the Future – Oil and Gas at the Center of New Growth in the GCC States.”
On September 25, 2017, speakers and discussants from the oil industry, finance, government, and academia convened in Washington to examine the challenges of navigating the new oil era at the third annual Petro Diplomacy conference.
Oil, economic growth, and politics have long been intertwined in the Middle East, transforming the region over the past 50 years into a dynamic player on the global stage.
In June 2014, the price of oil, projected to continue increasing to at least $125 to $150 per barrel WTI, collapsed within six months to just under $50 per barrel.
Divisions among Libya’s political, security, and financial institutions remain a key obstacle to the political transition process, and foreign powers still stoke many of these divisions for their own strategic interests.
Learn MoreMuqtada al-Sadr’s announcement that he will boycott upcoming parliamentary elections has thrown the electoral process into disarray at a time when the future stability of Iraq depends on legitimate and transparent elections.
The recently announced U.S.-led G-7 infrastructure plan will need to play catch up if it is going to compete with China's more established Belt and Road Initiative.
Saudi Arabia and the UAE are pushing to advance their economic interests, but it does not necessarily have to be a zero-sum game.
Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.
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