Economic considerations will guide the incoming Raisi administration’s domestic and international policies.
Nikolay Kozhanov is a research associate professor at the Gulf Studies Center of Qatar University. He is also a senior research fellow at the Institut... e of World Economy and International Relations in Moscow.
The ongoing bombing of Gaza is unlikely to deter the UAE from investing big in its new ally’s gas fields.
Even if demand recovers by the end of the year, the oil market will be slow to recover.
Russia fears an escalation between Iran and Israel and wants to avoid it at any cost.
The uncertainty after the attacks is causing some big buyers to look for alternative supply channels.
Having vowed to protect the ‘downtrodden’, the Islamic Republic is unable to undertake any major structural reforms.