Source: Foreign Policy
by Giuliana Chamedes
“Unlike earlier oil crises, which strengthened Western unity, the current situation is fragmenting it. It has become clear that the United States and Israel are not able to protect the Gulf from Iran’s attacks. Horizontal agreements are accordingly being negotiated everywhere one looks: Saudi Arabia and the United Arab Emirates with Ukraine, Canada with China, and European powers with independent countries in the region. The United States faces particular challenges. Under President Donald Trump, the country has tired out its erstwhile allies, who are looking elsewhere for more reliable trade partners.” (05/04/26)