Behind the scary headlines about “oil shocks” and the Strait of Hormuz, the structure of the global energy market has changed in ways that make...
The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1, stripping the oil cartel of one of its largest producers and...
The closure of the Strait of Hormuz is just the latest in a series of major supply shocks the global economy has experienced since 2020. Yet...
The recent movements of American and Iranian forces around the Strait of Hormuz reveal little when considered as isolated incidents or political statements. What matters becomes...
The US blockade of maritime traffic entering and leaving Iranian ports in the Strait of Hormuz—a critical waterway through which Iran was previously preventing the...
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