... problems remain massive. Among them we have selected three main issues, which are also interconnected: the hostility between Saudi Arabia and Iran, Sunni and Shia; the stabilisation of oil prices, which are now rising but remain — as always — difficult to predict; the presence of terrorism, which, despite ISIS’ decline, is still a problem well beyond the region.
Starting with the geopolitics, there clearly are two main contenders....
... distance itself from the Gulf.
It’s amazing that it’s taken us so long to realize how much our money going into Saudi Arabia, Qatar, and other Gulf states comes back to haunt us: though Joe Biden recently got in trouble for saying so, support for ISIS and other Islamic extremists and terrorists from very wealthy individuals motivated by the Saudi state-sponsored and ever-present-throughout-the-Gulf ... ... into being an apartheid-like political pariah within the Western world.
4.) There’s a good chance for a thaw/deal with Iran in the near future.
More than any president since the Iranian Revolution in 1979, Obama has shown an energy and a willingness ...