Middle East

Why You Should Worry About the Iran Oil Sanctions

I cut my teeth doing energy-related deals in the Soviet Union and still spend a lot of time consulting in Russia and the Caspian Sea basin. These days, my work takes me all over the globe. But the part of the world where my career began still holds the key for future oil supplies.

Especially the Caspian.

This land-locked body of water borders five countries, each having major oil-and-gas reserves.

One of those countries is Iran - the focus of the latest problem that's cropped up in the global energy sector.

And that "problem" - Iran oil sanctions - is certain to bring about an increase in the price of crude oil.

Two sanction-spawned catalysts will boost oil prices. To see them, read on...

Question of the Week: Readers Respond to Money Morning's Afghanistan Mineral Wealth Query

The news that there is $1 trillion of Afghanistan mineral wealth hiding in the country's scarred and deserted landscape has global investors calculating how likely it would be for this incredibly poor country to transform itself into a natural-resources powerhouse.

It has also spawned debates about which nations should be given a piece of this vast apparent fortune.

The discovery - and its transformational potential - is mind-boggling: At $1 trillion, the estimated value of the mineral reserves is 100 times the size of Afghanistan's entire economy, estimated at $12 billion. And it's not just the dollar figures that could bring about change. Much of Afghanistan's economic activities involve drug-trafficking and terrorism. About 40% of the country's population lives below the poverty line, and 70% lives on $2 a day.

Read More…

We Want to Hear From You: Is Afghanistan's Mineral Wealth a Blessing or a Curse?

The news that there is $1 trillion of Afghanistan mineral wealth hiding in the country's scarred and deserted landscape has global investors calculating how likely it would be for this incredibly poor country to transform itself into a major global exporter.

It has also spawned debates about which nations should be given a piece of this potential fortune.

At $1 trillion, the estimated value of the mineral reserves is 100 times the size of Afghanistan's $12 billion economy. And it's not just the dollar figures that could bring about change. Much of Afghanistan's economic activities involve drug trafficking and terrorism. About 40% of the country's population lives below the poverty line, and 70% lives on $2 a day.

Read More…

How to Profit from the Middle East’s Global Expansion

Editor's Note: Middle Eastern countries know their oil supplies aren't going to last forever. So they're pumping more than $2 trillion into new, long-term economic projects – such as brand new cities that will function as both business and vacation hot spots. A special report jointly developed by U.K. affiliate MoneyWeek Magazine and our experts […]

Read More…

Middle East ETFs Will be Available "This Year"

By Mike Caggeso Associate Editor Several Middle East markets are expected to launch exchange-traded funds (ETFs) this year, according to a senior official at Morgan Stanley (MS), opening the door to the region's very lucrative, fast-growing economies. "Most exchanges in the region would like ETFs, even Saudi Arabia. The region sees ETFs as an appealing […]

Read More…

Why the Gulf's Currency Integration Will Benefit International Investors

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report On Jan. 1, six Gulf states joined together – Saudi Arabia, Qatar, Bahrain, Oman, the United Arab Emirates (UAE) and Kuwait – to form a single common market, not unlike the European Union (EU), which has served as its model. The common market, valued at […]

Read More…

© 2014 Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201, Email: customerservice@MoneyMorning.com