Despite the largest oil supply disruption in history, prices remain calm. Demand-side responses, not just supply, explain why.
Browsing: OPEC
A US withdrawal from Gulf bases would hand Iran a strategic win while doing nothing to reduce missile threats.
A prolonged Iran war is redrawing Gulf security, fracturing alliances, and forcing hard choices about oil, defense, and diplomacy.
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.
Iran’s energy shock has drained global buffers, leaving the world exposed to a second and far more damaging oil crisis.
The Iran Strait of Hormuz crisis erodes Iran’s strategic position as new oil supply, pipelines, and stockpiles reshape global dependence.
A calculated reconciliation masks intense economic and security competition between Saudi Arabia and the UAE.
Regional conflict exposes deep institutional fractures, risking the collapse of collective oil production discipline among major Gulf producers.
Gulf nations build alternative pipelines around Hormuz, but regional military risks continue to threaten global energy security.