As geopolitical competition intensifies and energy security remains paramount, Japan and South Korea are recalibrating their roles in the Middle East. Despite a long-standing economic and strategic rivalry, both countries—key East Asian middle powers—now face a shared imperative: to cooperate on issues ranging from maritime security and defense diplomacy to renewable energy and Gaza reconstruction. This policy paper explores how Tokyo and Seoul can balance competition with pragmatic collaboration to advance mutual interests and contribute to regional stability.
learn moreThe 12-day war between Israel and Iran in June 2025 sent shockwaves through the Gulf, not for its immediate economic damage, but for what it revealed: the fragility of the Gulf’s security assumptions, the limits of U.S. protection, and the looming threat to vital trade routes. While oil prices and markets quickly rebounded, the psychological and strategic consequences have left Gulf states grappling with new uncertainties. This analysis explores the conflict’s economic aftermath and what it means for the future of GCC resilience, defense, and diplomacy.
learn moreThe Red Sea has been at the center of a radical shift in the global maritime security landscape since October 2023, when Yemen’s Houthis (also known as Ansar Allah) launched a campaign of repeated attacks on commercial and military vessels in one of the world’s most important waterways. These attacks, which the Houthis announced were… Continue reading Yemen’s Quagmire: Why Isn’t U.S. Might Winning?
learn moreChinese officials face an uphill battle in managing relations with Syria’s new interim government following the collapse of Bashar al-Assad’s regime in December 2024. Both seem desirous to find ways to re-engage, but the gap between expectations for the moment remains too wide. Beijing wants the foreign terrorist threat removed from Syria. Syrian authorities, however,… Continue reading Assessing China’s Shifting Posture on Syria
learn moreAgainst the backdrop of the daily horrors taking place in Gaza, a wave of Western countries have decided to recognize the State of Palestine. After Ireland, Spain and Norway took the step in 2024, France and Australia have pledged to follow suit at the United Nations General Assembly in September. The United Kingdom and Canada… Continue reading Recognizing a Palestinian State Is Not a Policy on Its Own
learn moreIn June 2025, Oman took a step that no Gulf monarchy had attempted before: announcing plans for direct taxation starting in 2028. At 5 percent on earnings above 42,000 OMR (~$109,000)—roughly the top 1 percent of earners—the financial returns will be modest. The signal, however, is not. By introducing a narrowly targeted personal income tax… Continue reading Small Tax, Big Bargain: Oman Tests Its Rentier Contract
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