In “The Muqaddimah”, the 14th-century historian Ibn Khaldun wrote that “great dynasties often decline after three generations because they fail to produce capable successors.” Under Crown Prince Mohammed bin Salman, Saudi Arabia now asks this question precisely: Has he weakened the very dynasty he was meant to strengthen and secure? The kingdom is under mounting […]

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When the Iran war closed the Strait of Hormuz earlier this year, about 20% of the world’s liquefied natural gas supply stopped flowing almost overnight. Roughly 90% of the LNG that moves through the strait goes to Asia, so the continent has absorbed the worst of it. Gulf producers have had few good responses. Saudi […]

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Demand shocks in Asia or supply disruptions in the Middle East directly affect American farmers. 

The Middle East has seen many explosions of violence in recent years. But while the US-Iran war has grabbed the headlines this year, the rapidly escalating conflict between the Houthis and Yemen’s internationally recognized government and Saudi Arabia risks becoming just as consequential for the region. The complexity of Yemen’s internal conflict cannot be underestimated. […]

The post How Yemen’s renewed civil war could set the whole region ablaze appeared first on Asia Times.

When governments talk about reducing dependence on the Strait of Hormuz, the discussion usually turns to pipelines in Saudi Arabia and the United Arab Emirates. For Asian importers, that is only part of the story. The physical bottleneck is in the Persian Gulf, but much of the economic exposure sits thousands of kilometers to the […]

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