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Showing posts with the label United States | Iran | Strait of Hormuz | Energy Markets | Geopolitics | John Mearsheimer | Middle East | Strategy

Who really controls Kurdistan’s gas? The Dana Gas deal, the KRG’s silence and the hidden cost of selling energy to Iraq

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By Dr. Pshtiwan Faraj | Kurdish Policy Analysis      A $2.239 billion arbitration settlement, a contract running until 2049, expanded rights for Pearl Petroleum and a new battle over gas sales to Baghdad are raising uncomfortable questions about who ultimately controls Kurdistan’s most strategic natural resource. The latest dispute over Khor Mor gas is exposing a much deeper problem in the Kurdistan Region’s energy sector: the public still does not appear to have a clear picture of who controls the region’s gas, who is authorized to sell it, and how much of its future value has already been committed to private companies. At the center of the controversy is Pearl Petroleum, the consortium led by Dana Gas and Crescent Petroleum, and a settlement agreement reached with the Kurdistan Regional Government (KRG) on August 30, 2017. Kurdistan Parliament member Kawa Sheikh Ali has now sharply criticized that agreement, asking why a government would effectively commit its natural ...

“The Trump Blockade Will Fail”: Strategic Warning as Hormuz Gambit Risks Backfiring on Global Economy

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  Kurdish Policy Analysis  / SULAIMANI, IRAQ --  Realist scholar John Mearsheimer argues a US attempt to choke Iran’s oil exports could destabilize markets, strengthen adversaries, and expose limits of American coercive power. John Mearsheimer warns that a US blockade of the Strait of Hormuz targeting Iran could backfire economically and strategically, undermining global oil markets and exposing limits of US leverage. — A proposed US effort to block Iranian oil exports through the Strait of Hormuz is likely to fail and could instead inflict broader damage on the global economy, according to prominent realist scholar John Mearsheimer . Speaking on a podcast hosted by Syria expert Joshua Landis and commentator Tom Switzer , Mearsheimer argued that the strategic assumptions behind the policy are flawed. The proposal, attributed to President Donald Trump , would effectively block Iran’s oil exports from passing through the Strait of Hormuz , a critical artery for global ...

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