Oil and gas industry expected surplus – but war brought shortage instead
Any work to ease current shortages and price hikes while the Strait of Hormuz remains closed will take years and billions of dollars.
Any work to ease current shortages and price hikes while the Strait of Hormuz remains closed will take years and billions of dollars.
The “thirst for oil” is often put forward as a near self-evident explanation behind military interventions in Libya, for instance, or Sudan. Oil, or the lack of oil, is also said to be behind the absence…
A target reduction from 80% to 50% or 60% takes pressure off government and manufacturers to address them.
An Iran-aligned group has attacked ships in the Red Sea that it believes are heading to Israel, causing several companies to pause or divert shipments.
Expect millions – not billions – of barrels.
The UK windfall tax has barely made a dent in surging energy profits this year.
Some reforms take years to deliver. These policies could be deployed almost immediately.
Both proponents and opponents of the war believe the invasion was an act of imperialism. But what does this mean exactly?
Iran’s attacks on Gulf energy infrastructure are part of a broader strategy the regime in Tehran has employed to try and ensure its survival.
Turns out that growing food hooked up to fish tanks is actually a pretty good idea.