Iran's attacks on two big Gulf producers threw the industry a curveball. Although alternatives exist, the UAE and Bahrain facilities will be hard to replace.
From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
The country is particularly exposed to energy market mayhem and has urgently trimmed its fuel demands, as three emergency Saudi oil shipments help keep the lights on at home.
Riyadh and Cairo are trying to ease the acute oil shortfall through alternative pipelines, but these are just band-aid solutions, as the world's most vital energy corridor remains closed by Iran
A US-Israeli attack on Iran has turned into a regional war, sending Brent crude prices over $100 a barrel, and throwing shipping, inflation, and monetary policy into turmoil
Washington weighs the desire to avoid a protracted war with offsetting the appearance of defeat, as Tehran debates whether to consolidate gains before conditions shift or press perceived advantages
Israel's parliament approved a draconian death penalty law last week that only applies to Palestinian prisoners, in a move that the UN says "would constitute a war crime"