The Venezuela Oil Deal raises constitutional and moral questions while offering little prospect of quickly lowering gas prices.
Browsing: Energy
Hormuz closure should have caused a price catastrophe. China’s demand cuts and record reserve releases changed everything.
Despite the largest oil supply disruption in history, prices remain calm. Demand-side responses, not just supply, explain why.
A defense pact between Saudi Arabia, Turkey, and Pakistan could turn the proposed Four Seas Initiative into a financeable corridor.
Kenya’s fuel crisis exposes deep economic wounds and puts President Ruto’s reelection bid at serious risk.
Pakistan faces deepening LNG shortages after Hormuz closure, forcing blackouts and fertilizer plant shutdowns while negotiating limited cargo passage.
Oil markets keep betting the Strait of Hormuz reopens soon. That wager explains lower wartime prices and violent volatility.
Iraq’s southern crude still flows through a contested chokepoint as Baghdad revives pipeline plans that remain financially and politically blocked.
Energy transition now prioritizes secure fuels as China’s coal reserve and wartime strikes reshape global energy choices worldwide.
Iran’s energy shock has drained global buffers, leaving the world exposed to a second and far more damaging oil crisis.