Hormuz crisis shows why US must stockpile critical minerals: mineral vulnerability worse than oil.
Browsing: Energy
US energy prices were rising before Iran war: demand surge, supply tightening, policy failures.
Iran war markets reflect “geopolitical put option”: time and uncertainty drive pricing. Policy can reduce both.
Iran war oil shock: EU’s direct exposure low, but Asian competition, Russian leverage threaten. Phase-out essential.
Hormuz traffic plummets 19M to 3M b/d. Qatari LNG halted. Only reopening strait solves crisis.
Iran war roils energy markets: Brent tops $92, Hormuz choked, Qatari LNG halted. Strategic reserves cushion.
Gulf desalination plants, supplying most drinking water, face potential catastrophic attacks as Iran war escalates.
Hormuz closure threatens Asian energy security as reserves vary widely—Japan’s 250 days versus India’s 20.
Kurdistan is the Bermuda Triangle of international politics; U.S. policy is trapped by its own contradictions.
The Strait of Hormuz is effectively closed; the U.S. must act fast to prevent an energy crisis.