While the Middle East makes baby steps towards implementing greater financial transparency, accountability and the rule of law, the region’s best-known commodity — oil — lacks transparency in the way…
oil
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We were told that the war in Iraq was waged for many reasons: Saddam Hussein had weapons of mass destruction, supported terrorism and nourished links with al Qaeda. Demonstrators holding…
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While many analysts have in recent weeks trumpeted the role of Iran as an emerging regional power, the more astute have pointed to the remarkable role of Saudi Arabia in…
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Olive oil has been a staple of the Middle Eastern diet for millenniums and demand for the product remains high. Global consumption of olive oil has been increasing at 1.5%…
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Why is it that in Hollywood movies, the Middle East is always best understood by characters that are jaded? Watching George Clooney in Stephen Gaghan’s film Syriana, that obligation is…
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It’s been a historic year for the region. Some are calling it the oil boom of the new millennium, others are recognizing it as the coming of age of the…
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The marketplace, like justice, is said to blind, its scales designed to weigh gold rather than contending cases in litigation, let alone rival endeavors to flaunt moral certainties. That’s why…
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Crude oil and its derivatives epitomize the notion that besides matching bids and offers, there often lies in the background a multitude of factors, which not only affect prices but…