Energy Security
Layered Anelasticities: When New Shocks Arrive Before Old Ones Heal
The global energy system increasingly behaves like a material under continuous deformation; anelasticity is the incomplete recovery after stress, while hysteresis is the persistence...
Reflections: Africa’s Energy Security
Perhaps Russia's state nuclear corporation, Rosatom, is at the forefront, shaping Africa's energy security. And African countries are also accelerating coordinated efforts to build...
The impact of the US-Israel-Iran crisis on Asia
At the peak of the crisis, oil surged to $110–116/bbl. But it remains volatile at $90–100 after ceasefire pause. Liquefied natural gas (LNG) took...
The Real Energy Crisis Begins After the Ceasefire
The April 8 ceasefire between Iran, the United States, and Israel has calmed nerves, but it has not repaired the energy system that was...
Rebalancing Energy Policy: Diversification, Net Zero, and the Erosion of Energy Security
Thirty years ago, I was negotiating the Turkmenistan-Afghanistan-Pakistan (TAP) pipeline - later expanded into the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline - one of the most ambitious...
From Hormuz to South Asia: The Energy Crisis Unfolding at Home
South Asia is once again experiencing a hit to its energy stability because of events happening far beyond its borders. The ongoing Iran-Israel conflict,...
Chokepoint Wars: How the Strait of Hormuz Crisis Is Reshaping Global Energy Security
The modern international system is no longer characterized by the conflicts based on the territorial boundaries but the tensions concerning the strategic routes that...
Energy Shock: Meloni’s Stability Faces First Real Test
The political calm that has defined Giorgia Meloni’s tenure is facing its most serious test yet, as the fallout from the Iran war ripples...
Jet Fuel Shock Grounds Airline Hedging Strategies
The aviation industry is facing a renewed cost crisis as fuel prices surge following the U.S.–Israeli war on Iran. While airlines routinely hedge against...
Hormuz and the Return of Energy Panic
The world does not need a formal oil embargo to feel an energy shock. It only needs a prolonged crisis in the Strait of...