Iran | Bruegel

Podcast

Will Iran disrupt the global economy?

Last Friday, Qassem Soleimani, head of the Iranian Revolutionary Guards’ QUDS force, was killed by an American airstrike outside Baghdad airport. The Ayatollah was not pleased and Tehran has promised to retaliate. At the time of recording, the world is still waiting to see how Iran might respond. Some of have speculated that they could disrupt the world’s oil markets by closing the Strait of Hormuz, which acts as a vital artery for around a third of the world’s liquefied natural gas and almost a quarter of the world’s oil. Today, oil prices surpassed $70 and if tension escalates the price is bound to grow. How dependent is the global economy on affordable Middle Eastern fossil fuel? This week, Nicholas Barrett is joined by Maria Demertzis and Niclas Poitiers to discuss how the US-Iran hostilities are affecting global economy.

By: The Sound of Economics Topic: Global economy and trade Date: January 6, 2020

Blog Post

The Iran nuclear deal crisis: Lessons from the 1982 transatlantic dispute over the Siberian gas pipeline

A US president taking a unilateral decision that affects European interests; European policymakers outraged at US interference in their affairs; European businesses fearing losing access to some international markets – sound familiar? This is the story of a crisis that took place in 1982 regarding the Siberian gas pipeline project; its outcome should inspire optimism in the Europeans’ capacity to counteract Donald Trump’s decision to withdraw the US from the Iranian nuclear deal.

By: Emmanuel Mourlon-Druol, Angela Romano and Bruegel Topic: Green economy, Macroeconomic policy Date: May 23, 2018

Past Event

Environment and economics: opportunities and challenges for Iran

We are pleased to welcome Dr. Masoumeh Ebtekar, Vice President and head of Department of the Environment of Iran to Bruegel on 13 December to have an off-the record discussion about the opportunities and challenges that Iran is about to face in environment and economics.

Speakers: Massoumeh Ebtekar and Guntram B. Wolff Topic: Global economy and trade Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: December 13, 2016

Blog Post

Iran: from isolation to economic cooperation

With some sanctions temporarily lifted, now is the chance for Iran to reintegrate into the global economy and political system. But comprehensive economic and political reforms are needed.

By: Marek Dabrowski Topic: Macroeconomic policy Date: July 15, 2016

Past Event

New perspectives for economic cooperation with Iran

The lifting of international sanctions will have a big impact on the economic relationship between Iran and the rest of the world.

Speakers: Benjamin Godel, Zahra Jazayeri, Mohsen Pakparvar, Simone Tagliapietra, HE Peiman Seadat, Farhad Sharif and Guntram B. Wolff Topic: Global economy and trade, Green economy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: June 2, 2016

Blog Post

Iran faces a bumpy road back to global energy markets

Iran’s energy sector is vital for the country’s economy. Now that sanctions have been lifted, the government must reform the oil sector to encourage investment from international oil companies.

By: Simone Tagliapietra and Bruegel Topic: Green economy Date: February 9, 2016

Blog Post

Iran: a new natural gas supplier for Europe?

The Iranian nuclear deal reached in July can potentially reshape the Iranian economy in general and its energy sector in particular. On the basis of this historical step, many voices suggested that Iran might (or should) become a new gas supplier to Europe. We suggest that there are important impediments to significant commercial gas flows from Iran to the EU in the foreseeable future. We argue, however, that cooperation on a limited pilot project could have strategic value.

By: Simone Tagliapietra, Georg Zachmann and Bruegel Topic: Green economy Date: October 5, 2015

Opinion

Europe must wake up before Iran falls into the arms of Russia and China

European leaders seem to have been caught somewhat off-guard by the Iran deal. The Greek saga alone could explain this. The problem is that other competitors —Russia and China— are one step ahead.

By: Alicia García-Herrero and Bruegel Topic: Global economy and trade Date: August 3, 2015