If the Strait of Hormuz is Shipping Oil and Kharg Island is Still Operational, Are We Really in an Oil Crisis Yet?

In the midst of escalating tensions in the Middle East, with U.S. and Israeli strikes on Iran and retaliatory actions disrupting global energy flows, the question looms large: Are we truly in the throes of an oil crisis? As of March 15, 2026, the Strait of Hormuz—a vital chokepoint carrying roughly 20% of the world\’s […]

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California Is a National Security Risk of Gavin Newsom’s Making – The Iran Conflict is Exposing the National Security Crisis

In the heart of America\’s energy landscape, California stands as a cautionary tale of ideological overreach. Under Governor Gavin Newsom\’s aggressive push toward net zero emissions, the state has waged an unrelenting war on its own oil and gas industry. This crusade, framed as a bold step against climate change, has instead crippled domestic production, […]

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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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