Iran’s Kharg Island: The Strategic Hub at the Heart of Its Oil Industry
Oil prices increased due to rising tensions involving Iran, sparked by a U.S. President Donald Trump's claim regarding Kharg Island oil hub, which an...
Is China Replacing OPEC+ as the Key Force in Global Oil Markets?
Six months into the Iran war, OPEC+ is facing an unprecedented challenge to its influence over global oil markets. The alliance, which once had...
Could the Iran War Keep Energy Markets Hostage Into 2027?
Six months into the U.S.-Iran war, the conflict is hardening into a stalemate that could last well into 2027, with energy markets under pressure,...
Venezuela’s Oil Export Revival Hits a Wall as Tankers Face Month-Long Delays
Venezuela’s attempt to rapidly revive its oil industry is running into a major obstacle: the country’s aging ports cannot handle the growing flow of...
Brussels Can Now Sanction Any Refinery Buying Russian Oil. Why Did It Give the First One Six Months to Comply?
On July 23 the European Union used its newest sanctions tool for the first time. Buried inside its twenty first package against Russia was...
Could the Iran War Spark a Prolonged Global Fuel Crisis?
The Iran war has pushed the global energy system into a deeper crisis, with the disruption increasingly shifting from crude oil supplies to the...
The Barrels OPEC+ Can’t Actually Deliver
On August 12th, Bloomberg reported a number that should unsettle anyone still reading OPEC+'s monthly quota announcements at face value: Russia's actual crude output...
Could a Prolonged Hormuz Crisis Keep Oil Prices High Into 2027?
Oil Markets Prepare for a Longer Crisis
The global oil market is increasingly adjusting to the possibility that disruption around the Strait of Hormuz may...
America’s Global Oil Market Hegemony through Warfare
Authors: M. Abiya Emima and Edberg D. Cheeran
The global oil market has long played a pivotal role in shaping contemporary geopolitics, serving as a...
Putin’s Kuril Islands Visit Exposes Japan’s Russian Energy Dilemma
Japan's protest over Putin's visit to the Kuril Islands is loud because its response is capped: Tokyo cannot meaningfully sanction the one Russian energy...