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 US–Saudi nuclear deal: An energy partnership caught in a diplomatic ultimatum
The United States and Saudi Arabia took a step toward nuclear cooperation on 22nd July 22 2026, when U.S. Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman signed a Section 123 Agreement. It creates the legal basis for civilian nuclear trade and comes with a bilateral safeguards agreement. Washington …
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 »Russian crude continues to make up 50% of India’s oil imports in July as Hormuz risks persist
Russian oil remains India’s biggest supply cushion, but experts say LPG & LNG imports remain highly vulnerable to renewed Strait of Hormuz disruption.New Delhi: Amid renewed uncertainty around the Strait of Hormuz, Russian crude continues to dominate India’s imports, averaging around 2.5 million barrels per day (mbpd) until 15 July, and …
Read More »A remote bridge shows how US-Iran war is expanding
A reported US strike on a railway bridge in northern Iran has drawn attention to a lesser-known front in the widening conflict: the battle over the transport corridors linking Iran to Central Asia, Russia and China. Iranian state media and the IRGC said cruise missiles attributed to US forces struck …
Read More »NATO 3.0 and energy security: Rebalancing transatlantic defence in Ankara
The 2026 NATO Summit opens today, 7th July, in Ankara, at a critical moment for the Alliance as Russia’s war in Ukraine, pressure on European defense systems, and the U.S. strategic pivot toward the Indo-Pacific intensify debates over transatlantic burden-sharing. The emerging “NATO 3.0” framework would shift greater responsibility for conventional defense, …
Read More »US sanctions waiver could bring Iran’s oil trade out of the shadows
The United States’ new Iran sanctions waiver could do more than boost Iranian oil exports. It may also help shift Iranian energy trade from shadow networks back toward conventional global markets. On June 22, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License …
Read More »The price of passage: Iran, Hormuz and the future of India’s energy security
Global energy security depends not only on whether ships can pass through Hormuz, but whether they can do so freely, predictably, and without paying tribute disguised as environmental stewardship The Strait of Hormuz is one of the world’s most important energy chokepoints, with about 20 million barrels of oil passing …
Read More »ConocoPhillips and the Remaking of Syria’s Energy Industry
The Company Carries Influence Since It Would Bring a U.S. Major Into a Sector That Washington Has Viewed as Off-Limits ConocoPhillips’s reported plan to sign a contract with Syria’s transitional government would be a significant step in Syria’s return to international energy markets. If finalized, this deal would make ConocoPhillips the …
Read More »How Iran-Israel-U.S. Tensions May Reshape the GCC’s Energy Transition
The escalation involving the United States, Israel, and Iran has renewed attention on the energy-security vulnerabilities of the Gulf Cooperation Council (GCC) states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The conflict has affected maritime confidence around the Strait of Hormuz, one of the world’s most …
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