More: Economics
The Quiet Power Behind the Oil Trade
In every Middle East crisis, public attention turns first to missiles, fleets, and air power. That is understandable, but it misses the mechanism that...
The strategic importance of Fujairah to global oil markets
Some oil-loading operations have been suspended at Fujairah port in the United Arab Emirates after a drone attack and fire. Fujairah is a key...
Impunity for the IRGC, Bombs for Tehran
Why Iran?
It’s nukes! It’s oil! No, it’s Iran! The Trump administration’s purported justifications for war against Iran have been varying and unsubstantiated. President Trump...
Wang Yi’s Visit to Vietnam: Seeking Reconciliation amid U.S.–China Strategic Competition
Amid intensifying strategic competition between the United States and China, Southeast Asia has emerged as one of the most important geopolitical arenas in the...
China’s Middle East envoy touring in the region to mediate between Iran, America and Israel to stop the war
China dispatched its special envoy for Middle East affairs, Jun Zhai, on an intensive regional diplomatic tour that began in the first week of...
When Elasticity Fails: The New Fragility of the Global Energy System
The confrontation in the Persian Gulf has not created new vulnerabilities. It has revealed the architecture of a global energy system that has been...
The Part of the Insurance Crisis Nobody Is Writing About
The world is watching oil prices. Traders are watching tanker traffic. But inside global insurance companies right now, something else is quietly breaking.
Brent crude...
US relaxes Russia oil curbs as war drives prices up
The United States has temporarily eased sanctions on Russian petroleum exports in an effort to calm surging global energy prices driven by the war...
South Korea Eyes Aid and Power Boosts Amid Global Energy Shock
South Korea is considering expanding energy vouchers for vulnerable households and boosting domestic power generation as rising global fuel prices linked to the Middle...
Turkish ship cleared through Hormuz
A Turkish owned vessel has been allowed to pass through the Strait of Hormuz after receiving permission from Iranian authorities, according to Turkey’s transport...