The Syrian Oil: Time for New Approach?

US - Russian Struggle Opens Opportunity for 'War lords'

US forces conduct training with the "Syrian Democratic Forces" in Hasaka countryside on September 7 (EPA)
US forces conduct training with the "Syrian Democratic Forces" in Hasaka countryside on September 7 (EPA)
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The Syrian Oil: Time for New Approach?

US forces conduct training with the "Syrian Democratic Forces" in Hasaka countryside on September 7 (EPA)
US forces conduct training with the "Syrian Democratic Forces" in Hasaka countryside on September 7 (EPA)

With the war in Syria now in its twelfth year and with the US-Russian conflict still ongoing to control the oil sector and its potential, local belligerents and regional opponents have found in oil a rare point of consensus to cooperate and pick clean the country’s wealth and revenues.

Oil production from fields and facilities mainly located in north-eastern Syria was about 400,000 barrels per day prior to the conflict. After the eruption of the conflict in 2011, various warring forces, including opposition factions and ISIS, successively seized control of much of this invaluable oil wealth. Western sanctions placed on the oil sector have caused foreign oil companies to leave the country.

The Syrian Democratic Forces (SDF), a US-backed coalition, currently controls one-quarter of Syria’s territory, including the area east of the Euphrates. This means that the SDF now dominates 90 percent of the oil and over 50 percent of the gas fields, as well as the infrastructure owned by foreign companies, according to legitimate contracts signed with the Damascus government, including Gulfsands Petroleum, Total, and Shell. Oil wells and facilities were cordoned off and “protected” by the US-led coalition forces and SDF.

On the other hand, Damascus announced that the oil sector’s losses since the beginning of the crisis amounted to USD 91.5 billion. Oil Minister Bassam Tohme revealed that the daily oil production is 89,000 barrels, mainly in Kurdish-controlled areas. Tohme describes this oil as being “stolen” from the Syrian people.

International Conflict

After the Russian military intervention in late 2015, Damascus signed contracts with Russian companies to invest in the oil and gas sectors in Syria and its territorial waters. It also contracted with Evro Polis, the Yevgeny Prigozhin-linked company financing Wagner mercenaries, to protect oil and gas facilities and liberate them from ISIS in exchange for 25 percent of their proceeds. This included Evro Polis taking control of Suncor’s large Ebla gas development near Palmyra – an operation that led to many casualties.

This agreement was the cover under which the Wagner paramilitary group operated. Wagner was estimated to have as many as 2,500 men in Syria in 2018. They participated in the fighting in Syria or took part in training and preparation camps in Russia. Some of them have been relocated to Libya and now to Ukraine.

In reality, the agreement between Evro Polis and Damascus only covered areas under Damascus control. In early 2018, Wagner mercenaries launched an assault on the Conoco gas plant in the eastern Euphrates, a position of the SDF, but they were hammered by US artillery and airstrikes that killed about 200 mercenaries.

In late 2019, former US President Donald Trump made a shock announcement that American troops would withdraw from the area around Syria’s border with Turkiye, east of the Euphrates, giving Turkiye the green light to invade northern Syria and putting the SDF, Washington’s allies, under new pressure. On October 6, 2019, Republican Senator Lindsey Graham, together with some US and European officials, persuaded President Trump to keep 900 members of the US military there to protect the oil. Trump later said that "a small number of soldiers will remain in the areas that contain oil," stressing that "we have ensured the security and protection of oil."

In July 2020, Washington announced that SDF Commander Mazloum Abdi informed the Trump administration of the signing of an agreement with the American company Delta Crescent Energy to invest in oil after obtaining a waiver from the Treasury Department from the sanctions placed on Syria. Then-Secretary of State Mike Pompeo said the deal was intended to "modernize oil.”

The situation embarrassed the US Department of Defense which issued conflicting statements. It initially stated that "Syrian oil is for the Syrian people and we remain committed to the unity and territorial integrity of Syria.” It further emphasized that “the US government does not own, control, or manage the oil resources in Syria. The populations in areas liberated from ISIS make their own decisions on local governance.” Former US Defense Secretary Mark Esper announced that "we are now taking measures to strengthen our position in Deir el-Zour to deny ISIS access to the oil fields.” The Pentagon confirmed sending troops and armored vehicles to protect oil fields.

The US-Russian conflict is still ongoing. An opposition leader said that high-ranking Russian officers had repeatedly informed the SDF leaders to allow Russian companies that signed contracts with Damascus to work in the oil fields east of the Euphrates, but the Kurdish officials responded that this required the approval of the US allies that co-control the oil fields.

A stand-off has ensued, with undesirable consequences.

Illegal but all Too Comfortable

The ongoing Russian-US conflict has been aggravated as a result of the war in Ukraine and the stagnation of the military situation in Syria, especially with the absence of a prospect for a political solution while economic and humanitarian needs of the Syrian people escalate. This means that oil has emerged as a factor of tacit cooperation between illegitimate Syrian and foreign belligerents to share the revenues of about 89,000 barrels per day.

According to expert estimates, the Autonomous Administration of North and East Syria (AANES) receives around USD 16 per barrel and a further USD 15 goes to the Syrian government. The remaining amount, which could amount up to USD 50 per barrel, is ‘lost’ and ends up in the hands of these war profiteers. The AANES uses part of the production locally, while the mediators and the war profiteers transport another part to government areas (constituting two-thirds of Syria’s territory) for refining or keeping. It is well reported that oil is also smuggled into Iraqi Kurdistan, either for local use or for smuggling into Turkiye. Oil is sold at very low prices and the fields and surrounding environment now suffer considerable damage.

Officials talk about networks operating in the shadows to smuggle oil and its derivatives between the east of the Euphrates, controlled by the SDF whose linchpin is the Kurdish People's Protection Units (YPG), and the Euphrates Shield areas or other enclaves controlled by the Syrian opposition factions and the Turkish army. It is noteworthy that the military forces in these two regions are involved in daily fighting, strikes, and raids, and exchange accusations of disloyalty, treason, and terrorism.

The same applies to the path crossed by oil tanks from the eastern Euphrates to oil refineries in the areas controlled by the Syrian government. The latter accuses the dominant forces in the east of the country of being traitors and agents of the American occupation. In the same vein, an informed source said that officials in the Kurdistan Workers' Party (PKK) advised leaders of the SDF to coordinate with Damascus regarding the sale of oil internally and regionally.

The cooperation between the belligerents extends beyond the borders. Reports indicate that oil is smuggled into Iraqi Kurdistan and some Turkish regions, with the involvement of mediators and individuals close to the decision-makers there, although political and military differences are ongoing between the decision-makers in Qamishli and Erbil. In this regard, an informed Western official said, "most likely, the decision-makers in these areas are not in a hurry to reach a political solution that would impede the flow of money into their pockets. It is most likely that the war profiteers in the local areas of influence and the neighboring countries do not want the war to end.”

An Alternative Approach -

When President Joe Biden assumed office, his administration announced sanction exemptions that allowed some targeted investments, (although this excluded the oil industry), in Eastern Euphrates. However, it decided not to extend the sanction waiver granted to Delta Crescent Energy for many reasons, mainly the objection of foreign companies holding sovereignty rights in the oil fields. For instance, Gulfsands Petroleum (“Gulfsands”) signed a contract with Damascus in 2003 to invest in and develop Block 26 east of the Euphrates. According to its 2021 annual report, unauthorized production from Block 26 since early 2017 has reached about 20,000 barrels per day, meaning that around 35 million barrels have been produced from the block since then.

Meanwhile, London-based Gulfsands is calling for a "win-win" humanitarian initiative that would enable it and other international oil companies to regain control of their assets. Rather than flow to the sanctioned entities and other unauthorized intermediaries , the Gulfsands initiative would see revenues from oil sales transferred to a UN-controlled fund. John Bell, the managing director of Gulfsands, said a new approach was needed to alleviate the enormous suffering in Syria. He added, "Syria needs billions of dollars that can only be generated with oil and gas,” and described the plans as "a gain for the Kurds, Damascus, and the Syrian people." He also posited that a share of oil proceeds would go to a UN-controlled humanitarian account whose payments are fully in line with the international sanctions placed on Syria.

That might seem simple, but analysts have linked the initiative with the Oil-for-Food program enforced in Iraq before the US invasion in 2003. Bell acknowledges that lessons need to be learned from that ill-fated program as he proposes the initiative to the international stakeholders. This is a particularly timely initiative as discussions continue regarding the extension of providing international aid across borders, including the amendment to include the financing of early recovery projects and other humanitarian and health affairs.



Russia, China Unlikely to Back Iran Against US Military Threats

A man stands by the wreckage of a burnt bus bearing a banner (unseen) that reads "This was one of Tehran’s new buses that was paid for with the money of the people’s taxes,” in Tehran's Sadeghieh Square on January 15, 2026. (AFP)
A man stands by the wreckage of a burnt bus bearing a banner (unseen) that reads "This was one of Tehran’s new buses that was paid for with the money of the people’s taxes,” in Tehran's Sadeghieh Square on January 15, 2026. (AFP)
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Russia, China Unlikely to Back Iran Against US Military Threats

A man stands by the wreckage of a burnt bus bearing a banner (unseen) that reads "This was one of Tehran’s new buses that was paid for with the money of the people’s taxes,” in Tehran's Sadeghieh Square on January 15, 2026. (AFP)
A man stands by the wreckage of a burnt bus bearing a banner (unseen) that reads "This was one of Tehran’s new buses that was paid for with the money of the people’s taxes,” in Tehran's Sadeghieh Square on January 15, 2026. (AFP)

While Russia and China are ready to back protest-rocked Iran under threat by US President Donald Trump, that support would diminish in the face of US military action, experts told AFP.

Iran is a significant ally to the two nuclear powers, providing drones to Russia and oil to China. But analysts told AFP the two superpowers would only offer diplomatic and economic aid to Tehran, to avoid a showdown with Washington.

"China and Russia don't want to go head-to-head with the US over Iran," said Ellie Geranmayeh, a senior policy expert for the European Council on Foreign Relations think tank.

Tehran, despite its best efforts over decades, has failed to establish a formal alliance with Moscow and Beijing, she noted.

If the United States carried out strikes on Iran, "both the Chinese and the Russians will prioritize their bilateral relationship with Washington", Geranmayeh said.

China has to maintain a "delicate" rapprochement with the Trump administration, she argued, while Russia wants to keep the United States involved in talks on ending the war in Ukraine.

"They both have much higher priorities than Iran."

- Ukraine before Iran -

Despite their close ties, "Russia-Iranian treaties don't include military support" -- only political, diplomatic and economic aid, Russian analyst Sergei Markov told AFP.

Alexander Gabuev, director of Carnegie Russia Eurasia Center, said Moscow would do whatever it could "to keep the regime afloat".

But "Russia's options are very limited," he added.

Faced with its own economic crisis, "Russia cannot become a giant market for Iranian products" nor can it provide "a lavish loan", Gabuev said.

Nikita Smagin, a specialist in Russia-Iran relations, said that in the event of US strikes, Russia could do "almost nothing".

"They don't want to risk military confrontation with other great powers like the US -- but at the same time, they're ready to send weaponry to Iran," he said.

"Using Iran as a bargaining asset is a normal thing for Russia," Smagin said of the longer-term strategy, at a time when Moscow is also negotiating with Washington on Ukraine.

Markov agreed. "The Ukrainian crisis is much more important for Russia than the Iranian crisis," he argued.

- Chinese restraint -

China is also ready to help Tehran "economically, technologically, militarily and politically" as it confronts non-military US actions such as trade pressure and cyberattacks, Hua Po, a Beijing-based independent political observer, told AFP.

If the United States launched strikes, China "would strengthen its economic ties with Iran and help it militarize in order to contribute to bogging the United States down in a war in the Middle East," he added.

Until now, China has been cautious and expressed itself "with restraint", weighing the stakes of oil and regional stability, said Iran-China relations researcher Theo Nencini of Sciences Po Grenoble.

"China is benefiting from a weakened Iran, which allows it to secure low-cost oil... and to acquire a sizeable geopolitical partner," he said.

However, he added: "I find it hard to see them engaging in a showdown with the Americans over Iran."

Beijing would likely issue condemnations, but not retaliate, he said.

Hua said the Iran crisis was unlikely to have an impact on China-US relations overall.

"The Iranian question isn't at the heart of relations between the two countries," he argued.

"Neither will sever ties with the other over Iran."


Beirut’s Commodore Hotel, a Haven for Journalists During Lebanon’s Civil War, Shuts Down

People stand outside the closed Commodore hotel, in Beirut, Lebanon, Sunday, Jan. 11, 2026. (AP)
People stand outside the closed Commodore hotel, in Beirut, Lebanon, Sunday, Jan. 11, 2026. (AP)
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Beirut’s Commodore Hotel, a Haven for Journalists During Lebanon’s Civil War, Shuts Down

People stand outside the closed Commodore hotel, in Beirut, Lebanon, Sunday, Jan. 11, 2026. (AP)
People stand outside the closed Commodore hotel, in Beirut, Lebanon, Sunday, Jan. 11, 2026. (AP)

During Lebanon’s civil war, the Commodore Hotel in western Beirut's Hamra district became iconic among the foreign press corps.

For many, it served as an unofficial newsroom where they could file dispatches even when communications systems were down elsewhere. Armed guards at the door provided some sense of protection as sniper fights and shelling were turning the cosmopolitan city to rubble.

The hotel even had its own much-loved mascot: a cheeky parrot.

The Commodore endured for decades after the 15-year civil war ended in 1990 — until this week, when it closed for good.

The main gate of the nine-story hotel with more than 200 rooms was shuttered Monday. Officials at the Commodore refused to speak to the media about the decision to close.

Although the country’s economy is beginning to recover from a protracted financial crisis that began in 2019, tensions in the region and the aftermath of the Israel-Hezbollah war that was halted by a tenuous ceasefire in November 2024 are keeping many tourists away. Lengthy daily electricity cuts force businesses to rely on expensive private generators.

The Commodore is not the first of the crisis-battered country’s once-bustling hotels to shut down in recent years.

But for journalists who lived, worked and filed their dispatches there, its demise hits particularly hard.

“The Commodore was a hub of information — various guerrilla leaders, diplomats, spies and of course scores of journalists circled the cafes and lounges,” said Tim Llewellyn, a former BBC Middle East correspondent who covered the civil war. “On one occasion (late Palestinian leader) Yasser Arafat himself dropped in to sip coffee with” with the hotel manager's father, he recalled.

A line to the outside world

At the height of the civil war, when telecommunications were dysfunctional and much of Beirut was cut off from the outside world, it was at the Commodore where journalists found land lines and Telex machines that always worked to send reports to their media organizations around the globe.

Across the front office desk in the wide lobby of the Commodore, there were two teleprinters that carried reports of The Associated Press and Reuters news agencies.

“The Commodore had a certain seedy charm. The rooms were basic, the mattresses lumpy and the meal fare wasn’t spectacular,” said Robert H. Reid, the AP’s former Middle East regional editor, who was among the AP journalists who covered the war. The hotel was across the street from the international agency’s Middle East head office at the time.

“The friendly staff and the camaraderie among the journalist-guests made the Commodore seem more like a social club where you could unwind after a day in one of the world’s most dangerous cities,” Reid said.

Llewellyn remembers that the hotel manager at the time, Yusuf Nazzal, told him in the late 1970s “that it was I who had given him the idea” to open such a hotel in a war zone.

Llewellyn said that during a long chat with Nazzal on a near-empty Middle East Airlines Jumbo flight from London to Beirut in the fall of 1975, he told him that there should be a hotel that would make sure journalists had good communications, “a street-wise and well-connected staff running the desks, the phones, the teletypes.”

During Israel's 1982 invasion of Lebanon and a nearly three-month siege of West Beirut by Israeli troops, journalists used the roof of the hotel to film fighter jets striking the city.

The parrot

One of the best-known characters at the Commodore was Coco the parrot, who was always in a cage near the bar. Patrons were often startled by what they thought was the whiz of an incoming shell, only to discover that it was Coco who made the sound.

AP’s chief Middle East correspondent Terry Anderson was a regular at the hotel before he was kidnapped in Beirut in 1985 and held for seven years, becoming one of the longest-held American hostages in history.

Videos of Anderson released by his kidnappers later showed him wearing a white T-shirt with the words “Hotel Commodore Lebanon.”

With the kidnapping of Anderson and other Western journalists, many foreign media workers left the predominantly-Muslim western part of Beirut, and after that the hotel lost its status as a safe haven for foreign journalists.

Ahmad Shbaro, who worked at different departments of the hotel until 1988, said the main reason behind the Commodore’s success was the presence of armed guards that made journalists feel secure in the middle of Beirut’s chaos as well as functioning telecommunications.

He added that the hotel also offered financial facilities for journalists who ran out of money. They would borrow money from Nazzal and their companies could pay him back by depositing money in his bank account in London.

Shbaro remembers a terrifying day in the late 1970s when the area of the hotel was heavily shelled and two rooms at the Commodore were hit.

“The hotel was full and all of us, staffers and journalists, spent the night at Le Casbah,” a famous nightclub in the basement of the building, he said.

In quieter times, journalists used to spend the night partying by the pool.

“It was a lifeline for the international media in West Beirut, where journalists filed, ate, slept, and hid from air raids, shelling, and other violence,” said former AP correspondent Scheherezade Faramarzi.

“It gained both fame and notoriety,” she said, speaking from the Mediterranean island of Cyprus.

The hotel was built in 1943 and kept functioning until 1987 when it was heavily damaged in fighting between Shiite and Druze militiamen at the time. The old Commodore building was later demolished and a new structure was build with an annex and officially opened again for the public in 1996.

But Coco the parrot was no longer at the bar. The bird went missing during the 1987 fighting. Shbaro said it is believed he was taken by one of the gunmen who stormed the hotel.


Key Details of Greenland’s Rich but Largely Untapped Mineral Resources

Houses covered by snow are seen on the coast of a sea inlet of Nuuk, Greenland, on Monday, Jan. 12, 2026. (AP)
Houses covered by snow are seen on the coast of a sea inlet of Nuuk, Greenland, on Monday, Jan. 12, 2026. (AP)
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Key Details of Greenland’s Rich but Largely Untapped Mineral Resources

Houses covered by snow are seen on the coast of a sea inlet of Nuuk, Greenland, on Monday, Jan. 12, 2026. (AP)
Houses covered by snow are seen on the coast of a sea inlet of Nuuk, Greenland, on Monday, Jan. 12, 2026. (AP)

The Danish and Greenlandic foreign ministers will meet US Vice President JD Vance and Secretary of State Marco Rubio on Wednesday after President Donald Trump recently
stepped up threats to take over Greenland.

The autonomous territory of Denmark could be useful for the ​United States because of its strategic location and rich mineral resources. A 2023 survey showed that 25 of 34 minerals deemed "critical raw materials" by the European Commission were found in Greenland.

The extraction of oil and natural gas is banned in Greenland for environmental reasons, while development of its mining sector has been snarled in red tape and opposition from indigenous people.

Below are details of Greenland's main mineral deposits, based on data from its Mineral Resources Authority:

RARE EARTHS
Three of Greenland's biggest deposits are located in the southern province of Gardar.

Companies ‌seeking to ‌develop rare-earth mines are Critical Metals Corp, which bought the ‌Tanbreez ⁠deposit, ​Energy Transition Minerals, ‌whose Kuannersuit project is stalled amid legal disputes, and Neo Performance Materials.

Rare-earth elements are key to permanent magnets used in electric vehicles (EV) and wind turbines.

GRAPHITE
Occurrences of graphite and graphite schist are reported from many localities on the island.
GreenRoc has applied for an exploitation license to develop the Amitsoq graphite project.
Natural graphite is mostly used in EV batteries and steelmaking.

COPPER
According to the Mineral Resources Authority, most copper deposits have drawn only limited exploration campaigns.

Especially interesting are the underexplored areas ⁠in the northeast and center-east of Greenland, it said.

London-listed 80 Mile is seeking to develop the Disko-Nuussuaq deposit, which has ‌copper, nickel, platinum and cobalt.

NICKEL
Traces of nickel accumulations are numerous, ‍according to the Mineral Resources Authority.

Major miner ‍Anglo American was granted an exploration license in western Greenland in 2019 and has ‍been looking for nickel deposits, among others.

ZINC
Zinc is mostly found in the north in a geologic formation that stretches more than 2,500 km (1,550 miles).

Companies have sought to develop the Citronen Fjord zinc and lead project, which had been billed as one of the world's largest undeveloped zinc resources.

GOLD
The most prospective ​areas for gold potential are situated around the Sermiligaarsuk fjord in the country's south.

Amaroq Minerals launched a gold mine last year in Mt Nalunaq in ⁠the Kujalleq Municipality.

DIAMONDS
While most small diamonds and the largest stones are found in the island's west, their presence in other regions may also be significant.

IRON ORE
Deposits are located at Isua in southern West Greenland, at Itilliarsuk in central West Greenland, and in North West Greenland along the Lauge Koch Kyst.

TITANIUM-VANADIUM
Known deposits of titanium and vanadium are in the southwest, the east and south.

Titanium is used for commercial, medical and industrial purposes, while vanadium is mainly used to produce specialty steel alloys. The most important industrial vanadium compound, vanadium pentoxide, is used as a catalyst for the production of sulfuric acid.

TUNGSTEN
Used for several industrial applications, tungsten is mostly found in the central-east and northeast of the country, with assessed deposits in the south and west.

URANIUM
In 2021, ‌the then-ruling left-wing Inuit Ataqatigiit party banned uranium mining, effectively halting development of the Kuannersuit rare-earths project, which has uranium as a byproduct.