he expiry of a 25-year gas contract has exposed a shift in the Iran-Turkey energy relationship, with Ankara now enjoying more supply options while Tehran risks losing one of its most dependable export markets. The contract expired on July 29 after governing Iranian pipeline gas supplies to Turkey for 25 …
Read More »Crude above $90 again—India faces higher import bill, rupee pressure as oil prices rise
Brent crude rises to highest level in nearly a month as US-Iran deadlock keeps Strait of Hormuz disrupted, raising risks of higher import bills, fuel prices & inflation for India.New Delhi: Nearly six months into the US-Iran war, the oil market is again facing supply uncertainty, with Brent crude climbing …
Read More »Who really owns the Caspian Sea?
Amir Soltanzadeh 08/19/2026August 19, 2026 Five countries border the Caspian Sea, but none owns a fixed share. A 2018 convention established rules for navigation, security and fishing while leaving some seabed borders unresolved. For decades, debate in Iran over the Caspian Sea has often centered on a deceptively simple question: What percentage …
Read More »Does Geothermal Energy Have a Future in Iran?
Geothermal Projects Carry Substantial Risk Because Unsuccessful Wells or Underperforming Reservoirs Can Absorb CapitalThere is little good news inside Iran regarding electricity. The government long ago instituted rotations of blackouts and brownouts to manage shortages, but even these are no longer predictable. Although Iranian officials might blame the war, the …
Read More »From the Gulf to the Mediterranean: Energy infrastructure in the line of fire
On 29th July 2026, a suspected drone struck the Energos Winter, a US-owned floating storage and regasification unit (FSRU), at Egypt’s Damietta port. The resulting fire spread to the nearby Gaslog Salem. Both crews were evacuated, the fire was contained, and no casualties were reported. Maritime security firms Ambrey and Vanguard identified …
Read More »Iran signals gas price hike as fuel crisis looms
Amir Soltanzadeh Iranian authorities want to dampen fuel consumption, but a sudden increase in gasoline prices risks social unrest as many Iranian households are already under severe economic pressure Iran is moving closer to politically sensitive changes in gasoline pricing as the government struggles with a widening gap between domestic …
Read More »The Promise and Perils of Saudi Arabia’s Red Sea Port of Yanbu
Yanbu May Relieve Immediate Pressure, but It Does Not Remove Geopolitical Risks for Saudi Arabia While cargo passage through the Strait of Hormuz is hampered, Saudi Arabia can benefit from the Red Sea port of Yanbu to export oil. The East-West Petroline pipeline allows Saudia Arabia to divert oil from fields in …
Read More »Beyond the Strait of Hormuz: Refining Capacity and Product-Market Vulnerability
The recent disruption in the Middle East, including the closure and uneven reopening of the Strait of Hormuz, has exposed a shift in the global energy system’s principal vulnerability. Initial concern focused on whether enough crude oil could reach the market. Yet crude flows have recovered faster than supplies of …
Read More »U.S. hits bridges and energy targets, Iran says, as strikes widen
The attacks on Iran’s infrastructure came on the sixth consecutive day of U.S. strikes. A retaliatory attack by Iran caused damage to a power and desalination plant in Kuwait.By Rachel Chason, Mohamad El Chamaa and Suzan Haidamous The U.S. military struck bridges, energy infrastructure and a port facility in southern Iran overnight …
Read More »Chokepoints of power: Hormuz, Bab el-Mandeb, and the new corridor wars
The concept of “corridor wars” describes intensifying competition among major powers over critical trade, energy, and transit routes in an era of weaponized interdependence. Unlike traditional territorial conflicts, these struggles center on controlling, securing, bypassing, or disrupting chokepoints: narrow maritime passages and overland links through which global commerce flows. Key arenas include …
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