logo
US ambassador to Israel does not think Palestinian state is Washington goal

US ambassador to Israel does not think Palestinian state is Washington goal

The National2 days ago

An independent Palestinian state no longer appears to be a goal of US foreign policy, Mike Huckabee, the US ambassador to Israel, has said.
In an interview with Bloomberg that was published on Tuesday, Mr Huckabee also said that if a Palestinian state were to be formed, it would not be in the West Bank.
'Unless there are some significant things that happen that change the culture, there's no room for it,' Mr Huckabee said, adding that those changes probably will not happen 'in our lifetime'.
'I don't think so,' he said when asked if a Palestinian state remains a goal of US policy.
Regarding a hypothetical location for any eventual state, Mr Huckabee suggested a piece of land could be carved out of a Muslim country rather than asking Israel to make room.
'Does it have to be in Judea and Samaria?' said Mr Huckabee, 69, using the biblical name the Israeli government favours for the West Bank, where about three million Palestinians live under occupation.
Palestinians say that Israel has made a formation of a state nearly impossible by building more and bigger Jewish settlements in the West Bank and undermining Palestinian authorities, while doing little to stop settler violence against Palestinians.
European and Arab countries have been working to promote the creation of a Palestinian state led by the Palestinian Authority, which controls parts of the West Bank, as part of a process to end the 20-month war between Israel and Hamas in Gaza.
A conference in New York on June 17, sponsored by France and Saudi Arabia, will be focused on such a state with the idea that the Palestinian Authority lead a multilateral effort to drive Hamas from Gaza and rebuild the coastal strip.
Asked how the war could be brought to a conclusion, Mr Huckabee placed the blame for it on Hamas, designated a terrorist organisation by the US and European Union, saying the Iran-backed group must free its remaining hostages for the conflict to end.
Concern is building among international governments that Gaza's two million inhabitants are facing starvation after Israel barred aid for several weeks from early in March to put pressure on Hamas.
A US-Israeli group, the Gaza Humanitarian Foundation, has been working to deliver supplies in recent days but its work has been marred by violence.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil prices tick up on worries of escalating US-Iran tension
Oil prices tick up on worries of escalating US-Iran tension

Zawya

timean hour ago

  • Zawya

Oil prices tick up on worries of escalating US-Iran tension

Oil prices edged higher on Thursday to their highest in more than two months, after U.S. President Donald Trump said U.S. personnel were being moved out of the Middle East, which raised fear that escalating tensions with Iran could disrupt supply. Brent crude futures rose 15 cents, 0.2%, to $69.92 a barrel at 1230 am GMT, while U.S. West Texas Intermediate crude 22 cents, 0.3%, to $68.37. Both Brent and WTI surged more than 4% to their highest since early April on Wednesday. Trump on Wednesday said U.S. personnel were being moved out of the Middle East because "it could be a dangerous place," adding that the United States would not allow Iran to have a nuclear weapon. Reuters reported earlier on Wednesday that the U.S. is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave locations around the Middle East due to heightened security risks in the region, according to U.S. and Iraqi sources. Iraq is OPEC's No. 2 crude producer after Saudi Arabia. A U.S. official said military dependents could also leave Bahrain. Meanwhile, Iran's Minister of Defense Aziz Nasirzadeh said Tehran will strike U.S. bases in the region if nuclear talks fail and conflict arises with Washington. Trump has repeatedly threatened Iran with bombing if it does not reach a new nuclear deal. Optimism around a trade deal between the U.S. and China, which could boost energy demand in the world's two biggest economies, also buoyed oil prices. In the U.S., crude inventories fell by 3.6 million barrels to 432.4 million barrels last week, the Energy Information Administration said. Analysts polled by Reuters had expected a draw of 2 million barrels. (Reporting by Arathy Somasekhar in Houston; Editing by Sonali Paul)

Geopolitical fragmentation is reshaping global energy markets - S&P Global SVP
Geopolitical fragmentation is reshaping global energy markets - S&P Global SVP

Zawya

timean hour ago

  • Zawya

Geopolitical fragmentation is reshaping global energy markets - S&P Global SVP

Global energy markets are being reshaped by rising geopolitical tension, trade realignments, and a shift away from the old international order. Against the backdrop of the 32nd Annual Middle East Petroleum & Gas Conference (MPGC 2025) in Bahrain last month, Carlos Pascual, Senior Vice President for Geopolitics and International Affairs at S&P Global Commodity Insights, offered a sweeping overview of how trade disputes, global rivalries, and supply chain realignments are redefining the global energy and commodity order. Speaking to Zawya Projects, Pascual dissected the structural shifts underway—from US-China tensions and the decoupling of trade routes, to the reconfiguration of hydrocarbon flows and the emerging critical mineral economy—and why energy diplomacy, once again, is taking centre stage. Erosion of the old order 'We've seen a shift in the development of the global and international order,' Pascual noted. 'We were in a global environment that was focused on the rule of law, on democracy, on open markets, on interdependence. And increasingly, we've moved to a world that is number one, transactional—and this is very much driven by the United States.' Citing the political philosophy behind 'America First' and 'Make America Great Again,' Pascual framed the landscape as one where short-term, nationalist interests increasingly override multilateralism. 'As President Trump has said, his favourite tool is tariffs. Tariffs are a protectionist measure... they affect the pace and the tendency of globalisation.' Rather than a new world order, the S&P executive argued, we are witnessing an erosion of the old: a structural uncertainty that has become embedded. 'It doesn't mean that the United States isn't the most powerful and richest country in the world, but it's operating in a different kind of environment... one in which there is much more polarisation. And I think we have to get used to a world where that kind of polarisation and uncertainty is going to be with us for a while.' US-China rivalry and hydrocarbons The real-world implications of this erosion are most evident in the energy and commodities trade, particularly in the context of US-China rivalry. 'There's obviously a phenomenal trade war. Both countries had this massive escalation of tariffs.' A temporary truce struck in May 2025 signalled that both sides understood the damage. 'Even though the tariff levels are still high both sides recognise that it is not in their self-interest, nor is it their desire, to battle in that level of a trade war.' In terms of hydrocarbon demand, China is no longer the insatiable buyer it once was. 'For two decades, China was the biggest source of global oil demand. Today... for the last six months of 2024 in China, they were selling well over 50 per cent of new vehicles as electric vehicles,' he said. 'Gasoline demand in China peaked in 2023. Oil demand is probably going to peak in 2027 or 2028. It's already flattened out.' The broader backdrop of slowing demand, particularly in the US and China, adds downward pressure to oil prices. 'Our economists project that by the fourth quarter, the United States will be growing at less than 1 percent. You're seeing this softening of global demand... at the same time that OPEC+ countries are unwinding some of their previous cuts.' Pascual warned that this supply-demand dynamic could push oil prices down significantly: 'We're seeing a potential for a very significant price decline... in the range of below $60 per barrel.' Sanctions, realignment and the rise of energy blocs Another consequence of the current geopolitical architecture is the reconfiguration of oil flows, particularly from sanctioned states. 'The obvious thing that we've seen as a result of the imposition of US and European sanctions on Russia, and sanctions on Iran, is that trade flows have changed,' he said. These policy tools were never intended to eliminate Russian oil from global markets altogether. 'If you remove Russian oil from the market, everybody's going to pay. Every single consumer is going to pay,' he explained. Instead, the West's strategy was to constrain the logistics, by regulating shipping, while allowing the supply to continue flowing. This, in turn, has triggered a redirection of trade: 'Russian oil [is] going to China and India, with some price discount. Iranian oil has been going to China for some time. China has put in place mechanisms where the shippers and the importers and the banks are completely removed from the US system.' Even if sanctions were removed, Pascual believes their structural impact has already occurred. 'There may be a realignment... but that realignment of oil is going to depend on other things, like what happens in the war on Ukraine.' US policy uncertainty hits investments The volatility in US foreign policy—and the energy sanctions environment in particular—is increasingly weighing on long-term investment. 'Inventories right now are relatively low... if we see the continued increases that we're projecting out of the OPEC+ countries, in a very short time we'll be at the high end of inventories.' He noted a significant trend emerging domestically: 'What we're already seeing in the United States is that most of the major oil companies are reducing their capex.' When it comes to long-term energy demand, Asia still dominates the global outlook. 'The energy requirements of both [India and China] are massive. Growth in China has slowed, but even at 4 to 5 percent, you're still going to see massive energy demand.' While oil demand is flattening, Pascual emphasised the rise of natural gas and renewables in Asia's energy mix. 'We're going to see the biggest increases in primary energy demand throughout Asia.' Batteries and renewables are rapidly gaining ground as viable, cost-effective sources. 'We're going to see greater competitiveness out of batteries... not that we're going to see a shift out of oil and gas, but they're going to plateau.' The Gulf's dual focus: hydrocarbons and decarbonisation In Pascual's recent visits across the Gulf, including MPGC in Bahrain and meetings in Saudi Arabia and Doha, he observed a 'recognition' of the need for diversification. 'The investments that you see in Saudi Arabia, in particular in solar energy... and the increased competitiveness of batteries, even with natural gas, are emerging as real opportunities,' he said. 'It's not taking away the importance of gas... but there's a new competitiveness that we're seeing arise with solar and with batteries, especially in the Middle East.' This, in turn, has triggered a regional awakening around critical minerals. 'People used to talk about that especially related to electric vehicles, but now they're looking at it as grid storage as well,' he said. 'It's becoming such an important factor in the energy mix.' Asked about the message of MPGC 2025 in Bahrain, Pascual underscored the role of diplomacy and regional leadership. 'The importance of energy diplomacy and the engagement of international players has never been more important,' he said. 'Local actors are making decisions... Saudi Arabia, UAE, Kuwait—these are the players setting the tone in oil markets.' He warned, however, of upcoming volatility in the gas sector: 'There's a potential for oversupply over a period of three years, from 2027 to 2030, but then a rebalancing of the market.' Interestingly, he noted that US policy on sanctions could have a major commercial effect, especially on LNG investments. 'The biggest impact is on Final Investment Decisions (FIDs) on projects in the United States. It could potentially affect what we've estimated would be $120 billion worth of investment decisions.' Despite ongoing reliance on fossil fuels, Pascual believes the private sector recognises the climate imperative. 'Companies are recognising that climate change is a reality, and the need to decarbonise is going to be a necessity,' he said. 'Simply putting those concerns aside isn't going to work.' Strategic resource politics Looking ahead, Pascual sees South Asia and Southeast Asia as the fastest-growing energy consumers, but another set of commodities is fast becoming central: critical minerals. 'These are important for the energy transition, for artificial intelligence, and for defence,' he said. 'Previously, there was a huge amount of discussion about this related to electric vehicles. But what we're also finding is that the growth of AI... has now made that a national security imperative.' Countries that can mine and process lithium, cobalt, graphite, and rare earth elements will become essential to global supply chains. 'There's going to be a push for diversification,' he said. 'Latin America is going to become much more important on lithium and copper... and Africa too.' Pascual's analysis paints a picture of an energy system shaped not just by technology and transition, but by geopolitical dislocation and realignment. From trade wars and decoupling to investment delays and new energy blocs, the system is undergoing a reconfiguration that is as strategic as it is structural. Despite the proclamations of 'drill, baby, drill,' in the end, it's oil markets—and geopolitical reality—that are the 'fundamental determinants of where we go', he concluded. (Reporting by Rajiv Pillai; Editing by Anoop Menon) (

Lebanon aims to win back Gulf tourists and investors, but is it enough to save the economy?
Lebanon aims to win back Gulf tourists and investors, but is it enough to save the economy?

The National

timean hour ago

  • The National

Lebanon aims to win back Gulf tourists and investors, but is it enough to save the economy?

With its sun-soaked beaches, pine-covered mountains and buzzing summer nightlife, Lebanon is hoping to once again become the playground of wealthy Gulf tourists. After years of strained relations, Beirut is making concerted efforts to reset its ties with the Gulf – a region long seen as both a political ally and economic lifeline. Since taking office in January, President Joseph Aoun has placed rebuilding Lebanon's relationship with the Gulf countries at the centre of his foreign policy agenda. The former army chief, elected after more than two years of presidential vacuum, wasted no time in launching a diplomatic charm offensive. Mr Aoun has so far visited the UAE, Saudi Arabia, Qatar and Kuwait, in an effort to re-establish Lebanon as an open destination for both tourists and investors. Gulf states have historically played a major role in rebuilding Lebanon, including after the 1975–1990 civil war and the 2006 Israel-Hezbollah conflict. Gulf tourists and investors − particularly from Saudi Arabia, Kuwait and the UAE − significantly boosted Lebanon's economy for decades by driving its tourism, real estate and hospitality sectors, especially in Beirut and mountain resort areas. However, in recent years, Lebanon's relations with its Gulf neighbours began to sour due to Iran 's growing influence over Lebanese affairs. This was primarily through its backing of the Lebanese armed group Hezbollah, which held significant sway over the country's political and military landscape. This dynamic has shifted following a year-long war between Hezbollah and Israel that ended last November. Israel's military campaign destroyed much of Hezbollah's infrastructure, eliminated the group's leader and top commanders and infiltrated its security network. Now, Lebanon seeks to revive its economy, which has been mired in crisis since 2019. The national currency has collapsed, the banking sector is in disarray and basic public services have all but crumbled. The war between Israel and Hezbollah only worsened conditions, leaving much of southern Lebanon and Beirut's southern suburbs in ruins. The World Bank estimated recovery and reconstruction needs at $11 billion. Lifting travel bans The UAE and Kuwait have both lifted years-long travel bans on Lebanon after President Aoun's recent visits, opening the door for their citizens to return to the country. 'Lebanon is moving in the right direction, getting back to the Arab fold – and that's a Lebanese demand before anything else,' Fouad Dandan, Lebanon's ambassador to the UAE, told The National. ' Emiratis love Lebanon. They don't go there just for tourism. Many have properties in Lebanon, and some may even invest in the country – which would create a boost that is not only seasonal and would help the economy,' he said. Lebanon is also seeking to benefit from the UAE's expertise in key sectors, including security and renewable energy, added Mr Dandan. Emirati technical teams have already visited Beirut to explore co-operation and knowledge transfer. 'We have a golden opportunity,' he said. All eyes are now on Saudi Arabia to see whether it will follow suit. But Riyadh remains cautious, and a key sticking point is security, according to sources. Saudi Arabia has banned its citizens from travelling to Lebanon since 2021 because of security concerns. The kingdom was Lebanon's top destination for agricultural exports in 2019, accounting for 22.1 per cent of total shipments, according to a Lebanese government report published in 2020. However, Riyadh suspended imports of Lebanese fruits and vegetables in April 2021, citing drug-smuggling concerns and accusing Beirut of failing to take action. Lebanon's security forces say they are stepping up efforts to protect key sites, especially Beirut's international airport and tourist hotspots. 'Preparations are under way to welcome tourists, though the state is working with a limited budget. Efforts have been made to improve visitors' experience: the road from the airport to Beirut has been repaired, and political banners and posters were removed months ago,' a senior security official involved in the operations told The National. 'What's new is the increased police presence near airport routes, especially at night. Police staffing has recently expanded to accommodate these new duties, and additional checkpoints are now active, with clear instructions to search suspicious vehicles and fine violators,' the source added. 'Overall, the security situation is stable. The main concern remains the potential for Israel to disrupt the atmosphere, but internally, the focus is firmly on ensuring safety for both residents and visitors.' Despite a ceasefire agreed in November between Israel and Hezbollah, the Israeli military continues to carry out strikes in Lebanon. Last week, just before Eid Al Adha, at least 10 strikes hit Beirut's southern suburbs – a sprawling area known as Dahiyeh. It was the fourth time that Dahiyeh has been bombed since the November truce. Israel also continues to bomb southern Lebanon almost daily and maintains control over five military posts along the southern border. The ceasefire says Hezbollah must pull all military equipment and fighters out of southern Lebanon and says all non-state militant groups must be disarmed across the country. Lebanon remains under international pressure to reassert full state sovereignty. Mr Aoun has repeatedly said the decision to centralise arms under state authority has been taken, but says this can only be achieved through dialogue rather than force. Promising summer amid challenges Many in Lebanon are hopeful for a booming summer season. 'Eid Al Adha gives a glimpse of how this summer will look,' Jean Abboud, president of the Association of Travel and Tourist Agents in Lebanon, told The National. 'We're seeing new nationalities this year: Emiratis, Kuwaitis and Qataris. Gulf tourists tend to spend more time and money in the country.' 'In May, airport traffic rose 11 per cent compared to the same period last year. The momentum is encouraging.' But analysts caution that this is not enough to lift the country out of its deep economic crisis. 'Tourism accounts for 20 per cent of GDP, and Gulf tourists generate 50 per cent of tourism revenue. While the rebound in Gulf tourism and renewed investment are essential catalysts, they alone cannot secure Lebanon's full recovery or eliminate the need for IMF support,' said Lebanese economist Walid Abousleiman. 'The scale of Lebanon's financial crisis and the depth of required reforms mean that international assistance potentially including an IMF programme remains necessary to restore fiscal and monetary stability, restructure debt and rebuild confidence in the banking sector.' Since the 2019 crisis, which saw the Lebanese currency lose over 90 per cent of its value and bank deposits decimated, with losses estimated at more than $70 billion, Lebanon has failed to implement most of the IMF's demanded reforms. Economy Minister Amer Bisat told The National last month that the country faces deep-rooted challenges across multiple sectors − including banking, electricity, production costs, infrastructure and governance. 'I don't think that small and quick steps will bring back the confidence of investors. What will bring it back is when investors see we are addressing these issues,' said the minister. Mr Abousleiman noted that "Gulf tourists bring vital foreign currency and support key sectors but cannot alone restore Lebanon's economy to pre-crisis levels". 'Lebanon's path to recovery is a marathon, not a sprint. Gulf tourism and investment are promising first steps, but real, lasting change requires deeper reforms and international support,' he added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store