Despite a collapsing Lebanese economy and considerable political turmoil, Hezbollah continues to threaten Israel. These threats must be taken seriously,...
Turkmenistan, recognizing the changing geopolitical map, rushed in January to end a longstanding dispute with Azerbaijan and agree on the joint exploitation of Caspian Sea oil deposits. The agreement came on the heels of a deal in December for the purchase from ENI Turkmenistan of up to 40,000 tons of petroleum a month by the State Oil Company of Azerbaijan Republic (SOCAR).
The agreement could boost the completion of a
, that would feed into the recently operational Southern Gas Corridor (SGC), bypass Russia and Iran, and supply Greece and Bulgaria via the former Soviet republics.