Well, we hate to say "We told you so," but... We told you so. We've been told for the past several years now that the depressed oil prices were permanent, that thanks to fracking and the surge in US domestic production, the price was now immune to Middle East instability, dramatic spikes and "oil shocks" forever banished. Well, futures for Brent crude just hit $63.37 per barrel, with the spot price for West Texas Intermediate at $57.34. (Panorama.am, Investing.com) Creeping toward the $100 per barrel we were so recently assured was a thing of the past. OilPrice.com blames Trump's announcement that the US will move its embassy in Israel to Jerusalem, which has of course unleashed unrest in the Palestinian territories and instability fears across the Middle East. But the jump really began almost exactly a month ago, seemingly prompted by the leadership purge in Saudi Arabia. That brought the Brent crude price up to $62, its highest level since July 2015. (The Guardian, Nov. 6)

The four-day summit of the Gas Exporting Countries Forum (GECF) opened Nov. 21 in the Bolivian city of Santa Cruz de la Sierra—central hub of the country's hydrocarbon-rich eastern lowlands. President Evo Morales took the opportunity to boast of his "nationalization" of Bolivia's hydrocarbon resources. But the summit comes as member nations are bitterly divided by diplomatic tensions. Established in Iran in 2001, the GECF consists of 12 members: Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad & Tobago, and the United Arab Emirates. An additional seven observer nations are Azerbaijan, Iraq, Kazakhstan, Netherlands, Norway, Oman and Peru. The UAE and other Gulf States are currently at odds with Qatar, with diplomatic relations suspended since June.

Fierce clashes broke out between Syrian rebel factions and Kurdish fighters in Aleppo province this week, as the Kurdish-led Syrian Democratic Forces (SDF) continue to battle ISIS in Raqqa. Fighting erupted in Derat Ezza in the western Aleppo countryside on June 13, after Kurdish fighters attempted to take a rebel base in the area, opposition media reported. The assault was thwarted after the rebels regained the positions with support from Turkish artillery. At least 32 fighters from Ahrar al-Sham and other rebel groups were reported killed in the clashes, as well as dozens of Kurdish militants. (The New Arab, June 14)

In a strange imbroglio, Saudi Arabia, Egypt, the United Arab Emirates, Bahrain, Yemen and the Maldives on June 5 all announced that they are breaking off diplomatic relations with Qatar, accusing it of supporting terrorism. All but Egypt also cut off all travel links with the country. The Saudi statement accused Qatar of "adopting various terrorist and sectarian groups aimed at destabilizing the region including the Muslim Brotherhood Group, Daesh (ISIS) and Al-Qaeda, " and of "supporting the activities of Iranian-backed terrorist groups" in Saudi Arabia and Bahrain. Days earlier, Saudi Arabia, Egypt, the UAE and Bahrain all blocked Al Jazeera and other Qatar-based news websites after Qatari emir Sheikh Tamim bin Hamad al-Thani was quoted as saying "There is no reason behind Arabs' hostility to Iran"—an obvious reference to the Saudis and Bahrain. Qatar quickly responded that the comment had been "fabricated" when hackers took control of the official Qatar News Agency website (which appears to still be down, although the QNA Twitter account is up). (BBC News, Al Jazeera, May 5; BBC News, Al Jazeera, May 25)

Egypt's Court of Cassation on Nov. 22 overturned the life sentences of former president Mohamed Morsi and 16 other members of the Muslim Brotherhood. Morsi had been convicted of conspiring with the Palestinian Hamas and other foreign militant groups. The court ordered a retrial in the matter, though a new hearing date is yet to be scheduled. The court also performed the same for Brotherhood spiritual leader Mohammed Badei and fellow members accused of spying for Hamas and Iran. Last week the court had overturned Morsi's death sentence in the matter of his prison break during the Egyptian Revolution in 2011. Morsi still faces numerous other sentences including 20 years for violence against protestors and 40 years for leaking state secrets to Qatar.

Michael T. Klare has a piece on TruthDig about last month's OPEC meeting in Doha, Qatar, where high expectations of a boost to chronically depressed prices were dashed: "In anticipation of such a deal, oil prices had begun to creep inexorably upward, from $30 per barrel in mid-January to $43 on the eve of the gathering. But far from restoring the old oil order, the meeting ended in discord, driving prices down again and revealing deep cracks in the ranks of global energy producers." Klare acknowledges the geopolitical factor in keeping prices down: "Most analysts have since suggested that the Saudi royals simply considered punishing Iran more important than lowering oil prices. No matter the cost to them, in other words, they could not bring themselves to help Iran pursue its geopolitical objectives, including giving yet more support to Shiite forces in Iraq, Syria, Yemen, and Lebanon." But he sees market forces and the advent of post-petrol technologies as more fundamental...

One of the greatest tragedies on the global stage now is that revolutions are going on in both Syria and Turkey—and they are being pitted against each other in the Great Game. First we look at Syria, where the partial "ceasefire" in place for over a month is finally breaking down. The critical event seems to have been the April 18 bombing of a marketplace in the northwestern town of Maarat al-Noaman by regime warplanes, killing dozens. The town is controlled by Nusra Front, which was not included in the "ceasefire," but the victims of the bombardment were overwhelmingly civilians. The town's residents had no love of Nusra, and civil resistance activists had repeatedly taken to the streets there over the past month to oppose the jihadist militia and the Bashar Assad regime alike. (NYT, April 19) In the aftermath of the market bombing, the Jaysh al-Nasr, on the of main FSA-aligned militias, announced the opening of a new "battle" against regime forces. (Reuters, April 18)

An Egyptian court on Jan. 15 put ex-president Mohammed Morsi on trial over accusations of spying and leaking information to Qatar. Prosecutors, as part of the country's continued crack down on Morsi's Muslim Brotherhood, allege that Morsi endangered national security by leaking to Qatar state secrets and documents that exposed the location of Egyptian weapons and revealed a portion of the country's foreign and domestic policies. Egypt's relationship with Qatar has been strained since Qatar continued to support Morsi and Islamists after the his ouster in July 2013. Since taking over after Morsi, current President Abdul Fattah al-Sisi has instituted an intense national security campaign against Islamists.