Energy Market

A major change in the energy landscape of the South Caucasus has occurred with the opening of the Iğdır-Nakhichevan gas pipeline, which has strengthened strategic energy alliances and reshaped regional dependencies. This accomplishment is especially significant as Türkiye navigates a critical energy security phase, since important natural gas contracts with …

When Iranian President Masoud Pezeshkian and Russian President Vladimir Putin signed the Treaty on Comprehensive Strategic Partnership in Moscow on 17 January 2025, it marked a significant turning point in the expanding partnership between Iran and Russia. Broad collaboration in vital areas like defense, counterterrorism, energy, finance, technology, cybersecurity, peaceful …

The Government Is Reducing Fuel Quotas and Is Considering Digital Fuel Cards, Tiered Pricing, and Energy Coupons Iran consumes more energy per person than many developed nations, though poor energy efficiency leads to extensive waste. The core reasons for this are energy subsidies and pricing schemes that buck market realities. While Iranian …

Despite vast oil and gas reserves, Iran faces a severe energy crisis due to decades of mismanagement, excessive subsidies, corruption, and international sanctions, which have crippled its infrastructure and distorted energy markets. Without structural reforms and international engagement, the country risks deeper economic instability, environmental degradation, and political unrest. Iran has …

Turkey’s Growing Reliance on U.S. Liquefied Natural Gas Represents a Purposeful and Strategic Policy to Improve Energy Security As Turkey’s second-largest supplier of liquefied natural gas this past winter, the United States has become a significant player in the country’s gas industry. By topping five billion cubic meters and surpassing more established …

The Rapid Growth of Ties Between the Two Countries Shows How Ossified Divisions That Once Marked the Regions Are Breaking Down Azerbaijan and Iraq are less than 400 miles distant but through much of recent history, they might have been on the other side of the world. With Azerbaijan incorporated …

Significant progress has been made in establishing Türkiye as a major regional gateway for the transit of natural gas, especially in enabling the shipping of gas from Turkmenistan and Azerbaijan to Europe. Its strategic positioning in the global energy market is strengthened by its participation in significant infrastructure projects like …

The GCC states have invested heavily in carbon capture and storage systems to lower their atmospheric emissions and take advantage of the high demand for these services in the years to come. The states of the Gulf Cooperation Council (GCC), long among the world’s greatest oil producers, are going through a …

‘While countries like the US and Australia have reopened mines, they remain dependent on China for refining,’ says energy strategist Umud Shokri In the 1990s, the US started offshoring a lot of our mining and a lot of our processing. So, a lot of that went to China … There’s …

Iran Economy & Innovation  Commentary Dr. Umud Shokri EN AR TR FA According to media reports, the Trump administration is thinking about physically intercepting and inspecting Iranian oil tankers on the high seas as part of a major escalation of Washington’s so-called “maximum pressure” campaign against the Islamic Republic. According to March 2025 reports, American …