How soon will the US impose Venezuelan Style Controls on Iran? – This could reshape the global energy market.

  In the midst of escalating tensions in the Middle East, the ongoing Iran War—marked by U.S. and Israeli strikes on Iranian targets—presents a pivotal moment for global energy markets. As of March 2026, the conflict has already disrupted regional oil flows, with Iran\’s key export hub, Kharg Island, targeted in U.S. operations. This island, […]

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EU and California Struggle to Deal with Price Fallout from the Iran Conflict

In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel price fluctuations. The […]

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Russia Following the Money: Shifting Gas and Oil Sales to Asia

In the wake of escalating geopolitical tensions and a rapidly evolving global energy landscape, Russia is decisively pivoting its gas and oil exports eastward. This strategic shift, driven by lucrative opportunities in Asia amid disruptions from the ongoing Iran conflict, is reshaping international energy dynamics. As Deputy Prime Minister Alexander Novak recently confirmed, negotiations are […]

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How Long Can China Survive After Losing Venezuela and Iraq\’s Discounted Oil Supplies?

In an increasingly volatile global energy landscape, China—the world\’s largest oil importer—relies heavily on discounted crude from sanctioned or geopolitically unstable suppliers to fuel its economy. Venezuela and Iraq together provide a significant portion of these imports, often at below-market prices due to sanctions on Venezuelan oil and competitive pricing from Iraqi heavy crudes. But […]

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