Recently, Saudi Arabia and its OPEC Plus allies, including Russia, agreed to an unexpected drop in the oil supplies, which will result in the soaring up of oil prices worldwide. The move is seen as a rebuke to the statement made by United S...
The United States-Saudi Arabia civil nuclear agreement marks a significant shift in the geopolitics of energy, technology, and non-proliferation. It examines how the agreement extends beyond civilian nuclear cooperation to encompass strateg...
G7 countries finally set the highly anticipated price restriction on Russian oil at $60 per barrel on December 3, 2022. This price ceiling applies to crude oil, petroleum oils, and oils derived from bituminous materials produced in or expor...
Oil, which accounts for approximately 3% of global GDP, is regarded as one of the most important commodities in the world, as it powers everything from everyday items such as crayons, credit cards, paints, and pens to high-end items such as...
During a speech at the US-Arab summit in Jeddah, Crown Prince Mohammed bin Salman stated that Saudi Arabia will not have any more ability to boost its oil output beyond 13 million barrels per day. Saudi Arabia now has an oil production capa...
According to The New York Times, the European Union is contemplating "smart sanctions" against Russian oil imports, as per the statement by Valdis Dombrovskis, the European Commission's executive vice president. [1] The EU, on the 25th of A...
The sanctions on Russia would have an impact on its oil exports. Countries like India and even China has been asked to reduce their imports of Russian Oil. The sanctions regime would have an impact on Russian export income but the countries...
Global oil prices witnessed a surge during the recovery period after COVID-related lockdowns. It rose to nearly 100 USD per barrel as the demand for oil increased. Oil is correctly termed as ‘black gold’ because it is accounted as the most ...
On July 27, 2022, a large group of Iraqi protestors led by the Shiite cleric Muqtada al-Sadr attacked the Council of Representatives of Iraq building in Baghdad's Green Zone. The storming often referred to as the "Ashura Revolution" or the ...
The Strait of Hormuz constitutes a critical chokepoint in the global energy architecture, rendering India’s energy security structurally vulnerable to disruptions arising from regional instability and maritime insecurity. With a significant...
The Strait of Hormuz remains central to global energy security, yet India’s position within this framework reflects a structural paradox. Despite a high dependence on imported crude oil, India’s emergence as a major refining hub introduces ...
For close to eighty years, the Middle Eastern geopolitical order was founded on consensus; a stiff, transactional order that simply traded Saudi Arabian oil for U.S. security guarantees. Yet in the pluralized world of 2026, this unipolar an...
