Eurasia / Opinion
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HALLIGAN: Power struggle in OPEC+ is pulling oil prices down
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y – the sharpest monthly drop since November 2021 – partly due to a global slowdown, but more due to a power struggle within OPEC+.
Post-war order teetering – rights watchdog
Eurasia “at forefront” of assault on individual freedoms.
COMMENT: Middle Corridor makes progress, but playing second fiddle to the Northern Route
The Middle Corridor linking China to Europe through the South Caucasus and Central Asia has expanded significantly in the aftermath of Russia’s invasion of Ukraine, but its long-term prospects remain uncertain.
MACRO ADVISORY: Kazakhstan’s high stakes oil gambit
Kazakhstan’s economy is estimated to have grown by more than 5.5% in the first quarter. Growth in February alone topped 7.5% y/y. The reason for the strong growth is the surge in oil production at the giant Tengiz oil field.
Think-tank urges EU to consider 'Big Bang' enlargement and sweeping reforms
European Policy Centre analysts call on the EU to abandon its piecemeal, hesitant approach to enlargement and commit to ‘permachange’: a permanent state of adaptation in response to cascading crises.
Turkey’s foreign policy falling apart on all fronts, writes shadow minister
Ankara took a slap to the chops as Turkic Central Asian states inked an investment-linked deal on relations with Brussels that pointedly included no recognition of the Turkish Republic of Northern Cyprus.
COMMENT: Embracing “Greater Central Asia” has become a strategic imperative for US
Wider region increasingly seen as arena in which major powers’ interests, such as in sourcing critical minerals, collide and converge.
COMMENT: Azerbaijan redraws its foreign policy map
Azerbaijan has shifted its traditional foreign policy strategy by making inroads into regions far beyond the post-Soviet space, including the Balkans, Middle East, and more recently Sub-Saharan Africa.
COMMENT: South Caucasus offers a potential diplomatic triumph for Trump
The new US administration wants to become the political team that ends the longstanding conflict between Armenia and Azerbaijan.
COMMENT: Rail and logistics firms bet on Middle Corridor as key Eurasian route
As the Trans-Caspian International Transport route grows in importance, rail operators and other companies have committed to boosting traffic along the route.
COMMENT: Armenia, the last man standing
In a neighbourhood of authoritarian strongmen, Armenian Prime Minister Nikol Pashinyan is increasingly isolated and exposed as the sole democratic statesman left standing in the region.