Oil & Gas
The Central Bank Can Raise Rates, but Cannot Produce Cheap Energy, Calm the Persian Gulf, or Fully Repair Public Trust
During Operation Epic Fury, Tehran Launched More Missiles and Drones at Targets in the Emirates than It Did Against Israel
Restarting Production Requires More than Reopening Valves, Likely Taking Weeks Rather than Days
Under President Recep Tayyip Erdoğan, Iranian Networks Exploit Turkish Corporate, Industrial, and Financial Sectors to Circumvent International Sanctions
The Most Significant Implication May Be What It Reveals About the Broader Collapse of the Gulf Hedging Architecture
The Strait’s Closure Disrupts the Flow of More than 20 Percent of the World’s Oil and Gas Supplies
The Pipeline Would Cost Billions of Dollars, Take Years to Build, and Would Cross Multiple Jurisdictions, Not All of Them Reliable
The Decision Sends a Signal That National Priorities Now Outweigh Collective Discipline
Iran’s Energy Weakness Could Become Its Strategic Breaking Point
The United Nations Security Council Adopted a New Resolution This Week Extending and Tightening the International Sanctions Regime on Libya
Rather than Pursuing Large-Scale Infrastructure, States Increasingly Rely on Flexible Arrangements Built Around Existing Systems
Turkey’s Presence Is Part of a Deliberate Strategy to Dominate Energy Corridors, Migration Routes, and Maritime Claims
Tehran Appears to Be Moving Toward Conditional Access, While Retaining the Ability to Disrupt Maritime Traffic
It Would Be a Simple Decision for the President to Say No Cargo Can Leave the Strait Without U.S. Approval
The Tactical Triumph and Strategic Uncertainty of Operation Epic Fury
Israel’s Campaign Appears Designed to Degrade Iran’s Economic Resilience
Turkey Imports 90 Percent of Its Energy, Making It One of the Most Exposed Economies Among Major Emerging Markets
Alternative Routes Could Take Years to Negotiate and Construct, so the Global Energy System Remains Tied to the Strait
Libya’s Oil Output Remains Hostage to Militia Calculus Rather than Market Signal