oil

With fighting in the south-west, cross-border attacks against Saudi Arabia, and no political settlement in sight, crude shipments are unlikely to resume any time soon

Moscow wants it to show that, despite war and sanctions, it can still build a project of such scale in one of the harshest environments on Earth

Given his close ties to the UK and Israel, the Argentine president's recent table-thumping over the strategic islands is being read by some as a bid to win voter favour ahead of next year's polls

While the world is much better prepared this time around, vulnerabilities remain

Any agreement that restores traffic through the strait will bring immediate relief, but repairing the damage wrought by war—and restoring confidence—will take far longer

Baghdad is opening its energy sector to US investment while racing to diversify oil exports, strengthen its economy, and reduce its vulnerability to regional conflict

Algeria is one of Africa's largest producers of hydrocarbons, and its proximity to customers in Europe makes it of growing interest as importers fret over a prolonged supply crisis from countries

Crises often reorder energy geopolitics in unexpected ways. This one may ultimately strengthen, rather than weaken, China's strategic position.

European gas prices have jumped by 30% after some big GCC oil and gas producers cut supplies, and now a vital maritime trade route is being threatened. The stakes have seldom been higher.