UAE quits OPEC over Saudi tensions and Iran war, freeing itself to pump more oil for strategic gain.
Browsing: Oil
Hormuz is an economic nuclear option. Iran holds it open to force a deal as US inflation mounts and Trump scrambles.
LNG won’t replace oil. Dual order emerges: oil shocks, gas manages. Europe pivots, Asia competes. Gas joins the weaponization arsenal.
Pre-war data showed global resilience. Iran war now threatens inflation spikes, energy shocks, and fiscal strain for import-dependent economies.
UAE warns it may use yuan for oil if dollar access fails. Not financial distress—political leverage after absorbing Iranian missile barrages.
Hormuz closure shifts China-Gulf ties from oil trade to energy security community. FTA now a strategic necessity, not an option.
Eleven of 13 major economies are more energy-vulnerable than a decade ago. COVID lessons on supply chain security went unlearned.
US exercises entrench Haftar’s family dynasty in Libya. Washington risks replacing Gaddafi with another military strongman model.
Markets see a temporary shock. Energy infrastructure damage and supply chaos will last months. A reckoning is coming.
Thirteen percent of global oil supply is offline. Strategic reserves run dry by late April. Ration now or face catastrophe.