The ceasefire in the Middle East is merely a pause, masking tectonic shifts in the region’s structure. While most analysts skim the surface, discussing the interests of the US, Iran, or Israel, they ignore the most critical factor: the fate of the Gulf Monarchies.
1. Reformatting the Owners of Oil
The Gulf Monarchies have traditionally been the masters of their resources, but today they are ceasing to be sovereign subjects in the «Great Game.» One of the unspoken goals of the current conflicts is the transformation—or removal—of these archaic structures. Oil must pass under the direct control of Transnational Corporations (TNCs).
It is vital to understand the difference: TNCs are not state bureaucratic machines (like those in Russia), but structures with millions of shareholders and strict personal accountability for top management. This is why it is easier for the US to work with China than with Russian state corporations, where the leadership, protected by clan interests, bears no responsibility for systemic failures.
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