Restarting Production Requires More than Reopening Valves, Likely Taking Weeks Rather than Days Iraq’s claim that it can restore oil production and exports within seven days of a Strait of Hormuz reopening may reassure markets, but the process would not be simple. Iraqi officials, including Deputy Oil Minister Basim Mohammed …
Read More »The long shock: How the Iran war is remaking the global economy
The closure of the Strait of Hormuz marks a rupture in the post-1970s energy order, with consequences that may redefine how the global economy functions The US and Israeli-led war on Iran has initiated a chain reaction that has culminated in the most significant oil supply disruption in modern history. Iran’s retaliatory strikes against …
Read More »Chokepoints and control: Iran war and the new geopolitics of connectivity
The most consequential conflicts are no longer fought over land, but over the networks that bind the world together and over who gets to use them, and on what terms In the aftermath of the Iran war, global power dynamics would shift decisively from territorial control to the management of …
Read More »The United Arab Emirates Exits OPEC and OPEC+
The Decision Sends a Signal That National Priorities Now Outweigh Collective Discipline The United Arab Emirates’ decision to leave OPEC and the expanded OPEC+ that brought in nearly a dozen other oil-producing members not included in the original OPEC, effective May 1, 2026, is more than a routine policy shift. …
Read More »Iran war turns India-Saudi oil trade into a strategic partnership
What once looked like diversification for both now feels like necessity. The relationship is no longer just about barrels moving from one port to another; it is increasingly about managing shared risks, building joint infrastructure, and aligning long-term strategies The Iran-Israel war of 2026 has not only disrupted global energy …
Read More »How Will the Gulf Arab Economies Change Post-War?
Recovery Will Not Be Simply a Return to the Old Model, Now That Gulf States Are Diversifying Their Energy and Economies After Israel and the United States attacked the Islamic Republic of Iran on February 28, 2026, the Islamic Revolutionary Guard Corps responded with missiles and drones targeting oil facilities, …
Read More »The immense cost of Iran’s nuclear program
Erfan Kasraie- DWIran insists that its nuclear program is for peaceful, civilian purposes, including energy production. But the figures and statistics paint a different picture. he peace talks between the United States and Iran in Islamabad failed to deliver an agreement, with one key issue proving to be the main sticking …
Read More »Ghalibaf’s rise signals Iran’s turn towards Bonapartism
Iranian Parliament Speaker Mohammad-Bagher Ghalibaf’s rising influence increasingly reflects a Bonapartist adaptation towards centralised authority exercised by an insider promising order without structural reform The concept of “Ghalibaf and Bonapartism” has emerged as a useful analytical lens for understanding the Islamic Republic’s evolving power structure amid mounting domestic and international …
Read More »Non-oil boom masks deeper risk as Saudi growth still hinges on state spending
Saudi Vision 2030 deploys several policy instruments to reduce dependence on hydrocarbons. Central among them is the Public Investment Fund (PIF), which serves as the primary capital engine for diversification by investing in strategic sectors such as tourism, entertainment, mining, logistics, renewables, and advanced manufacturing. These investments are complemented by …
Read More »Potential U.S. Strike Targets Include Natural Gas Power Plants
By Brian Spegele If President Trump follows through on his threat to attack Iranian power assets, the strikes would almost certainly target plants in the country that generate electricity from natural gas. Around 80% of power generation in Iran came from natural gas as of 2023, according to the International …
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