Opinion
Areas of cooperation in Turkish-Chinese relations: Is it better late than never?
The fact that global production and the resulting shift in values towards Asia has led all countries in the world to revise their policies towards the region, especially towards China. While the US under former President Barack Obama was defined as an ‘Indo-Pacific’ country, the attitude towards China in national security documents has gradually shifted from cooperation to competition. In line with a policy that the US interpreted as an attempt to mitigate risk and China as an attempt to ‘encircle’, the Washington administration preferred to build alliances with regional actors while raising tariff walls and accelerating the technology war. As a result of this preference, platforms such as AUKUS and QUAD were witnessed, while discussions on NATO’s expansion towards Asia or Asia’s NATO gained momentum.
Europe’s response to the rise of China, which has traditionally been part of the security architecture built by the US, has oscillated between competition and cooperation. While powers such as France, which defends European autonomy, and Hungary, which is on the periphery, have adopted a more cautious approach, Berlin is pointing to competition, provided that economic interests are protected.
The approach of the countries of the Global South to the rise of China has so far been in the opposite direction to that of the US and its allies. Countries that were founded as a result of the struggle against colonialism, that do not want to imitate the development prescriptions of Western countries, that come from different historical backgrounds and have different forms of governance, have seen China as a window of opportunity. China, which is seeking more friends in different parts of the world in the face of US policies of repression, would not only make more generous offers to these countries, but would also give them room to manoeuvre against Washington.
A new phase in China and Turkish-Islamic relations
It can be said that the Middle East and Central Asia are among the regions that are adapting to this reality, which has been described as a multipolar world. In the Middle East, the Sino-Arab Summit, the first of which was held with the visit of Chinese President Xi Jinping to Saudi Arabia in 2022, and the Sino-Arab Foreign Ministers’ Forum, the tenth of which was held this year, are seen as symbols of politically institutionalised cooperation, while the expansion of BRICS with the countries of the region sums up the dimensions of the growing economic bond. It is also noteworthy that China has been given the role of “quarterback” in regional conflicts, in line with its growing political prestige and economic weight. Having hosted the establishment of diplomatic relations between Saudi Arabia and Iran in 2023, China’s weight is also felt in the Palestinian issue. While the foreign ministers of the Organisation of Islamic Cooperation preferred China as the first address on their Palestine tour, Hamas and Fatah sat down in Beijing for unity negotiations. It is known that the Palestinian factions, which made goodwill statements at the first meeting, decided to continue their meetings in China.
Central Asia retains its special position among the regions where relations with China are deepening. China, Kazakhstan, Turkmenistan, Kyrgyzstan, Tajikistan and Uzbekistan (C-C5), which have been meeting at foreign minister level since 2020, met in Xi’an, the starting point of the historic Silk Road, to raise their cooperation to the level of heads of state in 2023. Economics was not the only topic on the agenda at the summit, which heralded investment in the Central Corridor, which runs from China to Europe and includes Turkey. Announcing a $3.8 billion grant to the countries of the region, the Chinese side also stressed that they were a “community of shared destiny” with Central Asia, while the five countries underlined their support for Beijing’s foreign policy narrative.
Is Turkey too late?
Although Ankara has acknowledged China’s growing global influence, especially in regions that are among Turkey’s main areas of interest, the policy development process has been relatively slow. In 2019, Turkey launched a process called the ‘Re-Asia Initiative’ in the region, where China plays a central role, and President Recep Tayyip Erdoğan explained the need for this policy by saying that ‘the pendulum of history has shifted to Asia’. Moreover, President Erdoğan, like other countries of the Global South, expressed the fact that the international system does not give them enough representation with the words ‘The world is bigger than five’ and did not hesitate to say that multinational platforms are insufficient to solve acute global problems.
Despite the accuracy of Turkey’s observations, which have become globally recognised, it has become clear in the meantime that the steps taken by Ankara do not correspond to an improvement in the institutional order. Turkey’s engagement with the Western world, as opposed to the Middle East and Central Asian countries, as well as its lowered economic expectations and disputes over the Uighur issue, have played a role in such a picture. Former Foreign Minister Mevlüt Çavuşoğlu expressed this difference at the end of 2022, stating that the Turkish delegation did not want to go to the Uyghur Autonomous Region, as China had planned. In addition, the fact that most of the Turkish media’s coverage of China consisted of Western-based translations and that Turkey was not sufficiently recognised in China and China in Turkey were among the factors affecting the policy-making process.
Can Minister Fidan forge a new equation?
Like other developing countries around the world, particularly in the Middle East and Central Asia, Turkey still has time to adjust its relations with China to the new realities. In this context, Foreign Minister Hakan Fidan’s visit to China on 3-5 June can be seen as a valuable start in announcing Ankara’s position on issues of interest to China.
In his statement here, Minister Fidan said that Ankara and Beijing overlap on many aspects of international relations, including contentious areas such as Palestine and Ukraine; that Turkey supports China’s constructive relations with Asian and Middle Eastern countries; and that Turkey appreciates China’s role as a mediator, such as in the Saudi and Iranian peace processes.
Perhaps more importantly for China, Minister Fidan said of the arm-wrestling between Washington and Beijing: ‘The fact that the markets established by the dominant powers in the last century are changing hands again under fairer, more competitive market conditions is an outcome that must be accepted. Minister Fidan’s assessments that there is a global transfer of power and that it should be peaceful, as well as his reiteration of respect for China’s sovereignty and territorial integrity, were seen as positive factors.
What are the areas of cooperation?
While Minister Fidan’s presentation of Turkey’s position sets the framework for relations in the new era, the main external developments that require cooperation between Ankara and Beijing are the Palestinian and Ukrainian crises, and the risks and opportunities that arise on trade routes.
On the Palestinian issue, Turkey and China, which advocate a ceasefire in the short term and the establishment of a sovereign Palestinian state with Jerusalem as its capital based on the 1967 borders in the long term, could play an active role in uniting the Palestinian factions to mature this solution. It is not known whether Turkey and China are coordinated, but it is obvious that they are taking parallel steps in this direction. Indeed, the Hamas delegation that travelled to Beijing for merger negotiations with Fatah had issued a statement to the international press from Istanbul the day before, saying that they wanted to unite under one roof.
Ukraine is also on the list of crises where Turkey and China can play an equation-changing role. Ankara and Beijing, which can simultaneously maintain diplomatic relations with Russia and Ukraine, have converging views on opposing the sanctions policy, representing Russia in peace negotiations and respecting the sovereignty and territorial integrity of countries. China, which has been conducting shuttle diplomacy between Moscow, Kiev and European capitals with a 12-point road map, and Turkey, which previously brought the two countries to the brink of peace in Istanbul, could play a mediating role if the warring parties, especially Ukraine, show the will to do so.
The wind blowing in Turkey’s favour on global trade routes also stands out among the dimensions of cooperation in the new period. Indeed, after the Ukraine crisis, the Northern Corridor from China to Europe via Russia lost its popularity, while the Southern Corridor, which includes Iran, became more fragile as a result of geopolitical tensions. On the other hand, the Central Corridor, centred on Turkey, has become more attractive as the Central Asian countries have largely completed infrastructure works and simplified customs procedures. The Caspian Central Corridor, which cuts the distance between China and Europe by 2,000 kilometres compared to the Northern Corridor, will remain on Turkey’s agenda in the new period. In addition, Foreign Minister Hakan Fidan underlined Turkey’s comparative advantage by expressing the expectation that the Belt and Road Initiative will be harmonised with the Development Road. By stating that the Belt and Road will also provide opportunities for China, Ankara has made clear its position that China should become a partner in global trade rather than an outsider as desired by the West.
The address for cooperation: BRICS, committees, international summit and leaders’ meeting
Foreign Minister Hakan Fidan’s speech during his visit to China, while not as clear as Ankara’s position on hot topics and the listed areas of cooperation, also provides clues as to the platforms that can be used.
Minister Fidan’s statement that he will attend the BRICS meeting in Russia can be seen as a turning point in the institutionalisation of economic relations. BRICS, which came to the fore with President Erdoğan’s statements in 2018, represents 31 per cent of the global economy with the latest participation and includes 6 of the 10 largest oil producers in the world. The fact that BRICS, which is gaining weight every day against the G7, the so-called club of the rich, can respond to some of Turkey’s urgent needs with instruments such as the New Development Bank is one of the facts that Treasury and Finance Minister Mehmet Şimşek cannot ignore. In fact, in a statement he made in 2017, Minister Mehmet Şimşek said, “In order to benefit from the projects they are going to give, you have to be a member. For this reason alone, we are seriously considering becoming a member’.
The ‘intergovernmental working committee’ announced by Minister Fidan during his visit to China is the second notable step in the context of institutionalisation between Ankara and Beijing. The appointment of Mehmet Şimşek, Turkey’s Minister of Treasury and Finance, to head this committee will help achieve results in many areas, such as correcting imbalances in the huge volume of trade, increasing investment in nuclear energy and new technologies, and further activating the Middle Corridor.
While the first meeting of the intergovernmental working committee is expected to be held in the coming months, Chinese President Xi Jinping is likely to visit Turkey. Announcing Turkey’s invitation, Foreign Minister Fidan said: “We would like to host Chinese President Xi Jinping in Turkey this year. I have once again conveyed our president’s invitation to our Chinese colleague. Xi’s invitation to visit Turkey may serve to open a new page in terms of regional order as well as bilateral relations.
On the other hand, the Uighur issue may complicate the parties’ engagement, which has been delayed compared to the Middle East and Central Asia. Minister Fidan’s visit added the definition of the cities of Urumqi and Kashgar to the disagreement over terms such as ‘crime, criminal, freedom and separatism’ that has been a problem between Turkey and China for some time. While Minister Fidan defined these two cities as Turkish and Islamic cities during his contacts, this thesis is not accepted by China. According to the White Book published by the Beijing administration, the region is presented as a continuation of ancient Chinese culture, while it is argued that the Uyghurs have separated from the Turks over time.
Although there has been no official or unofficial (through the media) reaction to Minister Fidan’s preference for a different definition from China’s, it would not be surprising if it caused some discomfort.
Opinion
Macroeconomic consequences of asymmetric UAV attacks in Russia
Today, the nature of asymmetric threats is undergoing a profound transformation, with their focus shifting increasingly toward economic centers. By mid-2026, the nature of asymmetric warfare within the borders of the Russian Federation entered a qualitatively new and critical phase.
An analysis of the Ukrainian unmanned aerial vehicle (UAV) strikes carried out in July 2026 reveals a deliberate shift in targeting. Moving beyond military installations and fuel-energy infrastructure, these attacks directly targeted civilian logistics networks and critical nodes of the macroeconomic infrastructure.
The primary objective of this strategic shift is to deplete the country’s internal resources, induce insurmountable disruptions in supply chains, and exert intense psychological pressure on the civilian population.
Large-scale, coordinated strikes on the distribution centers of Wildberries—Russia’s largest e-commerce platform and part of the RVB joint venture (formed by the 2024 merger of Wildberries and Russ)—became the symbol of this new phase of home-front vulnerability. The geographic scope of these attacks, spanning an unprecedented area from the Northwestern Federal District to Southern Russia and Crimea, exposed critical gaps in national industrial risk insurance mechanisms. Furthermore, this situation sparked severe legal disputes between platform economy giants and small businesses, compelling immediate intervention from both corporate executives and senior state officials.
Tracing the multi-layered consequences of the kinetic impacts resulting from these July attacks on the state’s digital and physical economy will shape the new architecture of civilian sector security.
The zenith of the logistical terror waged by Ukraine was recorded on the night of July 24, 2026, marking the most technically complex UAV attack inflicted on Russian Federation territory since the beginning of the year. According to data from the Ministry of Defense of the Russian Federation, domestic air defense systems detected and destroyed 571 fixed-wing Ukrainian UAVs that night.
Two points have become exceptionally critical here: saturating radar fields and the military “swarm” effect. In short, this event is the clearest indication that the enemy has transitioned to a tactic of overwhelming radar systems. At the same time, the “swarm” effect generated across a vast geographic expanse aims to rapidly deplete the ammunition of anti-aircraft missile systems and expose air defense positions deep behind the front lines.
The breadth of the targeted geography attests to the unprecedented scale of the operation. UAVs were neutralized over the Belgorod, Bryansk, Kaluga, Kursk, Leningrad, Novgorod, Oryol, Pskov, Ryazan, Smolensk, Tver, Tula, and Vladimir regions, as well as over Moscow, Krasnodar, the Republic of Crimea, and the waters of the Azov and Black Seas.
Such a dense dispersion of targets across a vast territory points to an attempt to paralyze transportation and logistics arteries within Russia’s European landmass.
In parallel with the mass deployment of UAVs, missile strikes were also conducted against civilian industrial enterprises. During the same period, a missile attack on a local enterprise in the Fileyka district of Kirov resulted in outright catastrophe, leaving 6 people dead and 32 employees injured with varying degrees of severity.
Following the incident, Regional Governor Aleksandr Sokolov stated that the situation required not only the evacuation of the wounded, but also large-scale interventions such as restoring water and power supplies and auditing the security of neighboring settlements. This combined approach—employing inexpensive kamikaze drones to degrade air defenses followed immediately by missile strikes on unprotected industrial zones—presents an entirely new threat paradigm for the civilian economy.
Systematic and sequential attacks directed at the facilities of a single commercial entity completely eliminate the possibility of coincidence. The strategic, macroeconomic, and psychological factors turning civilian commercial warehouses into critical vulnerabilities for an entire state rest upon four pillars:
- Role as the central circulatory system of domestic trade: Wildberries plays a critical role in the architecture of the modern Russian economy, connecting millions of consumers with tens of thousands of SMEs. Damage to distribution centers severe supply chains, triggering localized shortages of essential consumer goods and regional inflationary spikes. The primary goal is to destabilize the domestic market and create an artificial supply vacuum.
- Immense facility footprints and defense complexity: Spanning hundreds of thousands of square meters across the nation, these hangars constitute massive targets with high radar contrast. Unlike military bases, these commercial warehouses cannot possess their own air defense systems; placing every such facility under an air defense umbrella is physically impossible without compromising frontline systems.
- Social and psychological impact: In the eyes of the public, logistics centers symbolize daily economic stability. Black plumes of smoke visible from miles away, massive fires, and civilian casualties represent a hybrid terror tactic designed to transport an atmosphere of fear deep into peaceful cities and shake the internal socio-political climate.
- Magnified radius of economic impact: Inventory consumed by flames in these warehouses generally consists of stock purchased by merchants on credit. The destruction of commodity inventories holds the potential to cause mass vendor bankruptcies, bank loan defaults, and cascading layoffs across small businesses.
The events of July 2026 mark an irreversible shift in the threat landscape facing Russian commerce and macroeconomics. Attacks directed at Wildberries hubs in regions such as St. Petersburg, Moscow, and Tambov exposed the utter vulnerability of civilian logistics infrastructure.
Deploying relatively inexpensive unmanned aerial vehicles, the enemy is capable of inflicting tens of billions of rubles in direct damage, paralyzing the supply of essential goods, and triggering an acute social crisis in which hundreds of thousands of entrepreneurs face the threat of bankruptcy. According to Russian experts, the total cost of a single fire—similar to the Kotovsk incident on July 18—can range between 50 and 100 billion Rubles ($630 million – $1.2 billion USD).
Despite its massive capital reserves, corporate business was caught unprepared for military threats. The medium-term survival of the e-commerce economy depends on the state and the private sector uniting to engineer unprecedented systemic solutions. Establishing compensation funds and introducing mandatory risk-distribution mechanisms are critical steps that must be taken.
Logistics hubs will remain open targets unless a “state program for subsidized reinsurance of military risks” is established for the critical nodes of the civilian economy. In the future, it will not suffice for large enterprises merely to pour capital into the physical protection of infrastructure; they must also deeply decentralize their logistics networks to prevent the concentration of goods and capital at single points of failure.
Opinion
Egypt Under Fire: What Does the Damietta Strike Mean for Global Energy Markets?
Dr. Ahmed Moustafa, Director & Founder, Asia Center for Studies & Translation, Egypt
For the first time since successive waves of escalation between Washington and Tehran began in recent months, an Egyptian liquefied natural gas (LNG) export facility has become a direct target.
In the early hours of Wednesday, 29 July 2026, at least one drone struck the floating storage unit Energos Winter, owned and operated by a U.S. company and sailing under the Marshall Islands flag, while it was moored at the Mediterranean port of Damietta. The impact ignited a fire that spread to a neighboring LNG carrier, GasLog Salem. Egyptian authorities confirmed that the blaze was brought under control without any reported casualties, while no group had claimed responsibility for the attack at the time of writing.

A Broader Context That Cannot Be Ignored
The incident did not occur in a vacuum. It came only hours after the United States Central Command (CENTCOM) announced that it had conducted joint strikes with Saudi forces targeting armed factions in Iraq accused of launching drone attacks against Saudi oil facilities. Tehran responded by warning against a “miscalculation,” at a time when the Middle East is still grappling with the repercussions of an earlier round of escalation that erupted on 8 July, when U.S. forces carried out strikes inside Iranian territory following an attack on a commercial vessel in the Strait of Hormuz. Iran retaliated with attacks targeting U.S. military bases in Bahrain, Jordan, Qatar, Kuwait, the United Arab Emirates, and the Sultanate of Oman.
Against this tense backdrop, Damietta appears to represent yet another link in the chain of regional escalation—but an exceptional one. For decades, Egypt has sought to keep itself removed from direct military polarization in the region, unlike several Gulf states that have increasingly become arenas of open confrontation.
At the same time, this interpretation does not entirely rule out the possibility of an indirect Israeli role, driven by hostility toward Egypt’s growing diplomatic influence in the Palestinian and Gaza files. Cairo has remained committed to advancing the two-state solution and to implementing the second and third phases of the peace roadmap agreed upon following the Sharm El-Sheikh Peace Summit last October. The Israeli government, led by Benjamin Netanyahu, has sought to obstruct these efforts. Netanyahu, who is the subject of arrest warrants issued by the International Criminal Court, is widely accused of bearing responsibility for committing genocide that, according to Palestinian authorities, have resulted in the deaths of approximately 73,000 Palestinian civilians since 7 October 2023.
Why Egypt?
Over the past two years, Egypt has steadily strengthened its position as a regional hub for liquefying and re-exporting natural gas. This growing role has been supported by its two LNG plants at Idku and Damietta, in addition to a network of pipelines linking the country with Israel and Cyprus.
This infrastructure—unmatched elsewhere in the Eastern Mediterranean in terms of combined liquefaction capacity and direct access to European and global markets—has transformed Damietta and Idku into critical gateways for Eastern Mediterranean gas, including increasing volumes of Israeli/Stolen Palestinian natural gas liquefied and re-exported through Egyptian facilities.
According to local reports, the Energos Winter alone was supplying approximately 450 million cubic feet of gas per day to Egypt’s national grid and was preparing to receive four additional cargoes during August.
This expanding role gives any attack on Egypt’s gas infrastructure significance far beyond the immediate incident itself. It threatens not only Egypt’s domestic energy supplies but also a supply chain upon which Europe has increasingly relied as part of its strategy to diversify away from Russian natural gas.
Who Was Behind the Attack? Open Scenarios
At the time of writing, no organization had officially claimed responsibility, leaving several possible interpretations.
The first scenario cautions against prematurely attributing responsibility to Iran or its regional allies. It argues that the ambiguity surrounding the incident—and the absence of any claim of responsibility—may itself be deliberate, allowing whichever actor carried out the attack to undermine Egyptian stability without incurring immediate political costs.
This possibility includes actors competing over Eastern Mediterranean energy routes, as well as local or transnational groups pursuing agendas unrelated to the U.S.-Iran confrontation. Egyptian officials themselves have adopted a notably cautious approach. Egypt’s Minister of Information warned against “rushing to accuse any party,” while a former official suggested that “certain actors are seeking to drag Egypt into the conflict,” implying that the attack may have been designed precisely to draw Cairo into a confrontation it has consistently sought to avoid.
A second scenario, Israeli Involvement or the Involvement of Israel’s Allies
This, in itself, remains a serious hypothesis that is reportedly being discussed in undisclosed investigative circles. The prevailing analyses, supported by pro-Israeli and pro-American narratives, have largely centered on suspicions directed at Iran or Iran-aligned actors within the context of the ongoing conflict, rather than at Tel Aviv. This is partly because Israel maintains an energy partnership with Egypt, making any attack on an Egyptian export terminal potentially detrimental to its own natural gas interests.
Nevertheless, this hypothesis—like all others—must ultimately be assessed in light of the findings of the official investigations, which are still underway. It is worth recalling, however, that repeated warnings have been voiced regarding the visits of Israeli Prime Minister Benjamin Netanyahu to Washington, as such visits have often been followed by heightened regional instability, as was argued after developments last December. According to this line of analysis, Netanyahu seeks to prolong the conflict with Iran in order to strengthen his domestic political position, secure his continuation in office, and advance Israel’s long-term strategic objective of neutralizing Iran and carrying out “Greater Israel.”
Within this framework, some analysts argue that there are broader efforts to weaken both Egypt and Türkey. They cite remarks attributed to a former Mossad operative during appearances on Israeli television, alleging that such a strategy would also serve to divert international attention away from the Gaza file and the question of Palestinian statehood—an issue on which Egypt has intensified its diplomatic efforts in recent days. According to this interpretation, creating indirect pressure on Egypt—the region’s most stable and secure state—could be viewed as a means of drawing Cairo into a wider regional confrontation.
A third scenario links the incident directly to the broader U.S.-Iran escalation. According to the article, The New York Times, citing two Iranian sources, reported that the attack may have been intended as a signal that global shipping and energy supplies could face deeper disruptions should Tehran or its allies choose to escalate further. The sources, however, did not identify the perpetrators or specify the launch point of the drone.
The Messages Behind the Attack
Regardless of who carried out the operation, the choice of target sends several important signals. An attack on what the article describes as the first American-owned energy asset on Egyptian soil would convey a message to Washington that not only its military installations in the Gulf, but also its economic footprint across the region, has become increasingly vulnerable.
For Egypt, which has consistently pursued a policy of strategic restraint and regional neutrality, the incident serves as a reminder that its geographic position—adjacent to some of the world’s most important energy and maritime corridors—no longer guarantees insulation from the conflicts unfolding around it.
For global markets, the attack suggests that the geographic scope of potential disruption is expanding beyond the Strait of Hormuz and the Arabian Gulf into the Eastern Mediterranean, increasing insurance premiums for shipping and critical energy infrastructure in a region long regarded as comparatively secure.
Egypt’s Official Response
The Egyptian government handled the incident with considerable caution and procedural professionalism, treating it primarily as a crisis-management operation rather than a political event.
The Cabinet confirmed that the fire had been caused by a drone attack without attributing responsibility to any specific party, emphasizing that investigations were continuing “to take all necessary measures to safeguard Egypt’s interests and national security.”
Prime Minister Mostafa Madbouly described the response as a test of the state’s crisis-management capabilities, praising emergency teams for successfully moving the burning vessels away from the port, thereby preventing what could have become a far larger disaster.
President Abdel Fattah El-Sisi addressed the incident publicly for the first time during a telephone conversation with Spanish Prime Minister Pedro Sánchez. During the call, he confirmed that the competent authorities were conducting a comprehensive investigation, warned of the dangers posed by the escalating regional situation, and stressed the importance of cooperation between Egypt and the international community to contain the crisis while adhering to peaceful solutions.
This measured diplomatic approach—avoiding direct accusations while emphasizing de-escalation—reflects Cairo’s determination not to be drawn into a broader regional confrontation despite having come under direct attack on its own territory.
Several Gulf states also expressed their full solidarity with Egypt and voiced support for its efforts to safeguard its national security and sovereignty.
The Impact on Global Energy Markets
The Damietta incident occurred at a time when global energy markets were already under considerable strain. Brent crude had been hovering around US$90 per barrel following the escalation of 8 July, while the European Title Transfer Facility (TTF) benchmark for natural gas had climbed above US$700 per 1,000 cubic meters for the first time since March.
Any additional disruption affecting an Egyptian LNG export terminal risks reinforcing this upward trend. Europe has increasingly relied on Egyptian liquefied natural gas as part of its broader strategy to diversify supplies away from Russian pipeline gas. Consequently, even a temporary interruption to Egypt’s export infrastructure could heighten market concerns over supply security.
The incident also adds to the geopolitical risk premium already factored into insurance costs for vessels operating in the Eastern Mediterranean. Higher perceived risks could translate into increased shipping and insurance costs for LNG carriers throughout the region, even if subsequent investigations conclude that the attack was an isolated event unlikely to be repeated.
What Should Be Done to Prevent Similar Incidents?
First, Egypt should further strengthen its short-range air defense capabilities and counter-drone systems around strategic energy installations along its Mediterranean coastline. This includes deploying advanced early-warning radar networks and cost-effective interception systems capable of neutralizing small unmanned aerial vehicles before they reach critical infrastructure.
Second, broader regional intelligence-sharing mechanisms should be expanded among Egypt and neighboring states—including Cyprus, Greece, and Türkiye—in recognition of the increasingly interconnected nature of Eastern Mediterranean gas infrastructure and the shared strategic importance of safeguarding regional energy corridors.
Third, given that the targeted floating storage unit is owned by a U.S. company, Washington should contribute to financing and modernizing the protection of such critical infrastructure rather than limiting its response to statements indicating that it is merely “monitoring the situation,” as the article characterizes the U.S. reaction.
Finally—and perhaps most importantly—reducing the broader cycle of regional escalation between Washington and Tehran remains the only sustainable guarantee against similar incidents in the future. Any purely technical or localized security measures can mitigate immediate risks but cannot eliminate them so long as the underlying geopolitical drivers of confrontation remain unresolved.
Conclusion
The Damietta incident serves as a stark reminder that geographic neutrality alone is no longer sufficient to shield a country that has become a pivotal node in the global energy network.
References:
1- https://www.bbc.com/news/articles/c39ez3klwmro
4- https://www.nytimes.com/2026/07/29/world/middleeast/ships-drone-strike-egypt.html
Opinion
Rising populist parties in Europe and liberalism
Leon Trotsky, one of the foremost leaders of the October Revolution, defined fascism as the totalitarian organization of society by monopoly capital. Magnates of large-scale monopoly capital are acutely aware that their profits cannot be safeguarded in the absence of authoritarian political power. Thus, fascism finds its bedrock of support among capitalist forces, the grand bourgeoisie, monopoly capital circles, and major landowners. We are all too familiar with the calamities fascism wrought upon the world in the era preceding the Second World War.
The post–World War II era is often commemorated as the golden age of capitalism—a period characterized by robust growth rates and low unemployment. Real wages climbed, social rights expanded, demands for a welfare state remained vibrant, and the pursuit of a social state yielded tangible results. This era ultimately met its demise in the 1970s, undone by shifts in the regime of accumulation and structural economic crises.
Today, across Europe, political parties that could virtually be characterized as the direct successors to pre-WWII fascist movements are consolidating their electoral gains. Germany, France, and Italy serve as quintessential examples. These parties weaponize poverty, unemployment, and anti-foreigner, anti-immigrant, anti-Muslim, and anti-Middle Eastern sentiments, while capitalizing on the incompetence of traditional center-right and center-left parties and taking a deeply Eurosceptic, critical stance toward the European Union. They employ caustic rhetoric against the political elites who have dominated governance for decades. Receiving endorsement from both US President Trump and Russian leader Putin, they draw substantial support simultaneously from working-class constituencies—traditionally the bedrock of the left—and from grand capital circles. While monopoly capital quietly pats these populist movements on the back, it simultaneously winks at liberal-democratic and increasingly indistinguishable social-democratic parties that champion unbridled capitalism and aggressive liberalism. Beyond France and Germany, examples abound from Italy to the United Kingdom…
The interests of grand capital, which back populist regimes and advocate authoritarian governance, also champion localization. For the erosion of the national, the public, and the collective—alongside the attenuation of the central state and the elevation of the local—works decisively to the advantage of big capital.
Why?
Because of this:
Under liberalism, the state does not regulate the market; rather, the market regulates, directs, and subdues both the state and society. In a liberal order, the state is expected to act on behalf of capital and in favor of the market—intervening in politics, society, and the law, and enacting statutory frameworks strictly to this end. The state is tasked with engineering legal and institutional arrangements for the market’s account and benefit. Society is reduced to a market-society, wherein the citizen is reimagined as a consumer, a client, and an entrepreneur. Since competition is elevated as the supreme imperative, citizens themselves must become entrepreneurial and competitive—a posture the state actively promotes and incentivizes.
According to liberals, the state bears no obligation to shield its citizens from the pitiless mechanics of the market or the ferocity of unchecked capitalism. On the contrary, the state demands and encourages that citizens establish themselves as entrepreneurial actors within the market arena. Consequently, the state aligns itself with capital, operating at its beck and call. Hence, liberalism harbors an innate preference for unorganized, non-unionized, cheap labor. Wages are suppressed; agricultural subsidies are gutted to a minimum; and strikes are banned on the flimsiest of pretexts.
Because liberalism insists that the state be sculpted, organized, and driven according to market demands—allowing the market to command and direct the state—the liberal vision of the nexus between politics and economics, as well as politics and law, is deeply fractured. In their worldview, law must operate exclusively to the advantage of capital, acting as the vigilant sentinel for the inviolability of property rights. It must dismantle every obstacle standing in the way of free trade, unbridled competition, and the free market, while swiftly and severely penalizing any force that dares to impede them. To conform to the expectations and demands of capital: this is the primary imperative required of the law.
In sum, through its championing of identity politics, its reduction of the citizen to a mere client, and its liquidation of the state’s social character in order to place public power at the disposal of capital, liberalism stands fundamentally opposed to the social, the public, and the national. This is a truth that must be firmly impressed upon left-liberals, nationalist-liberals, and conservative-liberals alike.
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