For thirty years, economists used a single term when discussing Saudi Arabia in the oil market: swing producer. It was the only country with enough spare...
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 Organization of the Petroleum Exporting Countries has just lost one of its most visible Arab Gulf members. The United Arab Emirates (UAE) announced its exit,...
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...
As the ceasefire deadline set by the Trump administration expires tomorrow in the war with Iran, the United States is once again confronting the same...
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