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Even as the ceasefire between the United States and Iran was being repeatedly breached, the Iran war showed something that the world appears to have forgotten: military force, by itself, cannot be a solution unless it is followed by a political settlement — whether in Ukraine, Gaza, Lebanon, Sudan or Iran. The last four years…
Read More “Moving from war to deal in a deeply divided region” »
The Strait of Hormuz is no longer just a geopolitical flashpoint; it has become the fault line of the global energy economy. As tensions in West Asia continue to disrupt shipping through one of the world’s most critical maritime corridors, countries across the globe are confronting a harsh reality: energy security is now inseparable from…
Read More “India’s energy strategy needs price correction” »
The UAE’s actual announcement took observers by surprise’ | Photo Credit: AFP Although in recent years the United Arab Emirates (UAE) has frequently threatened to leave the Organization of the Petroleum Exporting Countries (OPEC), its actual announcement, on April 28, took observers by surprise. It was also conspicuous in its context. It provided only three…
Read More “Abu Dhabi’s OPEC exit begins its ascent of ‘peak oil’” »
The UAE has withdrawn from the Organization of the Petroleum Exporting Countries (OPEC), a cartel that it joined in 1967, and OPEC+. It was OPEC’s fourth-largest producer (3.12 million barrels per day) and its third-largest exporter (2.88 mbd) in 2025, behind Saudi Arabia and Iraq. The Emiratis clearly sought to free themselves of production constraints…