Iranian militias strike Iraq’s oil fields, targeting US and Chinese firms. Western investment is at risk; Iraq’s energy dependence on Iran may persist.
Browsing: Oil
Iran’s control of Hormuz reshapes oil flows, pricing, and Gulf export strategy despite the ceasefire.
Iran’s Hormuz “leverage” is a myth. The strait is its economic lifeline, not a weapon.
Blockade threatens Asia’s oil lifeline as Iran’s dark fleet defies pressure but faces new escalation risks.
Surging oil prices and relaxed sanctions have funneled billions to Moscow, providing a critical fiscal cushion for Russia’s ongoing military operations.
Rising sulfur costs following the Iran conflict threaten the global energy transition by inflating the production expenses of EVs and solar panels.
“The administration is using Iranian barrels against Iranians, but the strategy has turned adversaries into price-setters.”
The world is currently missing 11% of its crude oil supply as Iran’s “Hormuz blockade” begins to trigger a massive global inflationary wave.
The Trump administration is increasingly leveraging military and diplomatic pressure to secure foreign energy and mineral assets for U.S. interests.
Iraq’s “balancing act” has failed as Iranian-aligned militias and U.S. retaliatory strikes turn the country into a focal point of regional chaos.