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Forecasters put oil at $150 to $200 a barrel once the Strait of Hormuz closed. Five months on it has averaged $94—not because the barrels came back, but because the market keeps betting they soon will.
Frédéric Schneider
Gulf states must pivot more to Southeast Asia to increase their oil exports, as ASEAN’s rising demand for an oil-driven energy transition, its limited appetite for Iranian crude, and longstanding energy ties with the GCC create prime opportunities for Gulf producers.
Hannan Hussain
As Syria rebuilds, the new government in Damascus is using energy, infrastructure, and regional connectivity not only to revive its economy but to restore its diplomatic standing and strategic relevance.
Najat Azeez Ibrahim
Oman’s initiative to facilitate safe passage for vessels from the Gulf through the Strait of Hormuz has huge implications in the management of the Hormuz crisis, significantly diminishing Iran’s leverage on the issue in the face of growing strategic alternatives for the Gulf states.
Khalid Al-Jaber
The Iran war has pushed Europe and the Gulf into closer strategic alignment, driven by shared concerns over energy security, maritime stability, and overreliance on the United States. Yet the same structural dependencies and political divisions that make cooperation necessary may also limit how far it can go.
Camille Lons
The closure of the Strait of Hormuz and subsequent surge in energy prices have been an economic boon to exporters not directly affected by the disruption, Algeria included. But will the windfall revenues translate into something more durable for the North African country plagued by chronic investment deficits and structural reform needs?