Iran’s Fragile Economic Adaptation Under Military Pressure
Programmes
20 Mar 2026

Iran’s Fragile Economic Adaptation Under Military Pressure

One of the most structurally fragile economies in the Middle East serves as the backdrop to Iran’s current military confrontation. Extensive international sanctions have, for more than a decade, restricted Iran’s access to global financial markets, constrained its energy exports, and limited foreign investment. Gradually, the Iranian economy came to evolve as a sanctions-adaptation economy, surviving persistent external pressure through informal trade networks, shadow energy exports, and alternative financial channels instead of collapsing outright.   Yet unlike sanctions, which create gradual economic constraints, war introduces a fundamentally different kind of shock by disrupting logistics networks, causing unprecedented damage to national infrastructure and compelling the state to reallocate its resources toward defense spending amid military escalation. Such shocks, for an already fragile economy operating at the limits of macroeconomic stability, can generate disproportionate consequences. The current conflict therefore brings into focus a central economic question: can Iran’s sanctions-adapted economy withstand the pressures of war, or will military escalation reveal structural weaknesses previously concealed by the sanction’s system?
Can the Black Sea Initiative Resolve the Strait of Hormuz Crisis?
Programmes
18 Mar 2026

Can the Black Sea Initiative Resolve the Strait of Hormuz Crisis?

The global political and economic landscape is undergoing structural shifts following the outbreak of US and Israeli military operations against Iran in late February 2026. In response to this escalation, the Iranian leadership adopted a strategic decision to close the Strait of Hormuz to commercial shipping and oil tankers, leveraging its asymmetric capabilities, including naval mines, advanced missile systems, and drones, to transform the strait into an active military theatre.   The Strait of Hormuz constitutes a critical artery for global energy supplies, with approximately 20 million barrels of oil transiting through it daily, accounting for around 20% of global consumption, as well as shipments of liquefied natural gas (LNG). The closure has produced immediate economic repercussions, including the suspension of maritime traffic, the withdrawal of insurance coverage by shipping insurers, and a sharp surge in oil prices, which have exceeded $120 per barrel. In an effort to contain the crisis, the European Union’s High Representative for Foreign Affairs and Security Policy, Kaja Kallas, proposed a diplomatic initiative to establish a secure maritime corridor in the Strait of Hormuz under United Nations supervision to ensure the safe flow of energy supplies.   Kallas’s initiative draws on the “Black Sea Initiative” model, which enabled the export of Ukrainian grain under international guarantees. European efforts are driven by concerns that disruptions to gas supplies could undermine global food production, given their direct linkage to fertiliser manufacturing. The initiative, therefore, seeks to insulate energy vessels from military targeting to preserve global economic stability. Against this backdrop, the central question arises: to what extent can this initiative help de-escalate the current crisis, and what alternatives remain should the Black Sea model prove unviable?
Countdown to Famine: Will the Strait of Hormuz Lead Iran into a Severe Food Crisis?
Programmes
13 Mar 2026

Countdown to Famine: Will the Strait of Hormuz Lead Iran into a Severe Food Crisis?

While global attention remains focused on the situation in the Strait of Hormuz, through which nearly twenty million barrels of crude oil pass each day, less attention is given to the potentially more significant developments occurring within Iran’s borders. As of March 2026, the military strikes carried out by the United States and Israel generated what can be described as a caloric chokepoint effect, which cannot be offset by any level of kinetic military capabilities. According to the Islamic Republic of Iran, the country’s principal vulnerability in the 21st century lies in its deep-water grain elevators, rather that its military power.   While Iran’s food supply system is logistically fragile and assumes that the country’s southern ports will always remain accessible and fully operational, however, the withdrawal of war-risk insurance and the stalling of shipping through Bandar Abbas have invalidated this assumption. Therefore, describing the current situation merely as a trade disruption is inaccurate, as it effectively represents a biological countdown. As operational feed stocks decline to a fourteen-day supply, the resulting protein shortage poses a significant risk of domestic instability—an effect that conventional military strikes are unlikely to match.
What If: Iran Attacked the Dimona Reactor?
Programmes
22 Jun 2025

What If: Iran Attacked the Dimona Reactor?

Amid the intensifying confrontation between Iran and Israel throughout 2025, the prospect of a direct strike against Israel’s Dimona nuclear facility has moved from a remote possibility to a plausible escalation scenario. As military operations increasingly target strategic infrastructure on both sides, the regional system faces the risk of a threshold breach—one that could trigger not only military and political consequences but also a multidimensional crisis involving radioactive contamination, mass displacement, and economic collapse across multiple states.   While Israel would undoubtedly bear the immediate brunt—facing mass civilian evacuations, irreversible environmental degradation in the Negev, and the paralysis of its agricultural and tourism sectors—the ripple effects would extend far beyond its borders.   Jordan’s border regions and agricultural zones in the Jordan Valley could face contamination and humanitarian strain, potentially requiring the evacuation of tens of thousands of people. Egypt’s Sinai Peninsula and northern Suez region could suffer fallout exposure, disrupting global shipping through the canal and threatening the Red Sea tourism corridor. Saudi Arabia’s northern provinces, including areas tied to its Vision 2030 megaprojects, could face both environmental and demographic disruption.
What If: The India-Pakistan Ceasefire Collapses?
Programmes
14 May 2025

What If: The India-Pakistan Ceasefire Collapses?

The recent U.S.-brokered ceasefire between India and Pakistan, following four nerve-racking days of escalating military exchanges, offered a moment of reprieve from the brink of what many feared could become an all-out conflict between the two nuclear-armed neighbors. Missiles and drones crossed borders, tensions were sky-high, and the language from both capitals was increasingly aggressive. President Trump's sudden announcement of a truce, while welcomed, underscored the inherent fragility of the situation. Amid celebrations in India and Pakistan, and self-congratulations in Washington, Kashmir endured another night of violence, with both sides claiming violations. This temporary calm exists against a backdrop of deep-seated historical grievances, unresolved territorial disputes, evolving nuclear doctrines, and a complex interplay of internal and external pressures. The critical question now is not just how the ceasefire was achieved, but whether it can hold, and what the consequences would be if this fragile truce were to collapse.
In the Eye of the Storm: Food Security in MENA Region
Publications
2 Mar 2023

In the Eye of the Storm: Food Security in MENA Region

According to a report by the United Nations Food and Agriculture Organization (FAO) on the state of food security and nutrition in the world in 2022, it is estimated that between 702 and 828 million people were affected by hunger in 2021, consisting of 278 million people in Africa, 425 million in Asia, and 56.5 million in Latin America and the Caribbean. The number has grown by about 150 million since the outbreak of Covid-19. The Russia-Ukraine War, involving two of the biggest producers in agriculture and staple cereals globally, is disrupting supply chains and further affecting global grain, fertilizer, and energy prices, leading to shortages and fuelling even higher food price inflation. Additionally, food security is a significant challenge in the Arab region, which is facing rising economic, socio-political, and environmental challenges impacting the food security of its growing population.   Hence, our study has examined the factors that affect food security, and our analysis allowed us to determine the top five factors affecting food security: climate change, conflict, overpopulation, inflation, and scarce resources. The study will analyze each factor separately and their effect on food security globally and in many regions, with a focus on the Arab region. Secondly, the study will analyze factors of food insecurity separately and its impact on four significant countries: Egypt, the United Arab Emirates, the Kingdom of Saudi Arabia, and Jordan.   We found that the factors we examined have mainly negative effects on food security, with the exception of climate change, which will positively affect some regions for the time being, and natural resources, which has some aspects that effect food security positively. Additionally, we found that the factors are interconnected since for example, conflict negatively affects food security, and it could increase food prices, as in the current Russia-Ukraine War. Likewise, the adverse impacts of climate change are expected to raise food prices further and dampen the region’s food demand translating into direct increases in malnutrition levels.   Finally, after reviewing the effects of factors on food security, we elaborated some recommendations in order to deal with the adverse effects.
Green Protectionism? Looking at Europe’s Agricultural Policy
Programmes
10 Feb 2023

Green Protectionism? Looking at Europe’s Agricultural Policy

The European Union’s position as a leader in sustainability and environmental protection is coming into question with the bloc’s recent programs and policies mainly, the new Farm to Fork strategy and the updated Common Agricultural Policy. On the one hand, the EU faces criticism from non-governmental organizations and scientists regarding the extent to which policies are actually “green” and on the other hand they also face pressures from farmers and cooperatives who are concerned about the implications of policies on farmers and production. Additionally, there is cause for concern about the impact on agricultural production and food security in developing countries. Since contemporary agriculture is not a closed autonomous system, rather one where policy changes create shifts in agrarian markets that ripple across all sectors and throughout the global economy, and Europe has one of the world’s largest agriculture industries, it is imperative to evaluate the current trajectory of green agricultural policies in order to identify if, when and how this will cause a shift in agricultural practices and markets globally. The question is, are Europe’s efforts to make agriculture sustainable genuine or is there a glass ceiling on reforms? And what could this mean for developing countries that are just starting on the sustainability path?