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  • Politics
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  • Tag
  • Oil exports

Michelle Thompson.

What would happen if Iran closed the Strait of Hormuz?

The strait carries up to 20% of the world's oil exports at around 20 million barrels of oil each day. Any closure could cost the global economy greatly, even if only for a short time.

Amer Ziab Al-Tamimi 19 June 2025
Engineers on a cherry picker adjust mining rigs at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. (Getty)

Bitcoin in Iran: Draining Energy for Authoritarian Gains

Iran has recently taken a decision to ban the mining of Bitcoin blocks on its territory for a period of 4 months. Iran had started mining Bitcoin at the beginning of 2019 with an official decision…

Hala Ahmed Nasr 04 June 2021
  • Popular
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Al Majalla
Politics

5 unanswered questions about Trump’s Venezuela plan

06 January 2026

Maduro's exit doesn't mean the end of his government

Ravi Agrawal
A Venezuelan oil tanker in the middle of the sea near Singapore, after being pursued by US authorities, on 18 March 2025. Reuters
Business & Economy

The problem with Venezuela's oil is technical, not political

04 January 2026

Tighter US control over Venezuelan exports won't necessarily redirect barrels, reshape trade flows, or alter global supply balances

Faisal Faeq
Venezuela's Vice President Delcy Rodríguez speaks during a press conference in Caracas on 8 September 2025. Federico PARRA / AFP
Profiles

Delcy Rodríguez and Venezuela’s politics of survival

05 January 2026

Venezuela's vice president is known for having a diplomatic style that is confrontational in tone but cautious in substance, and pursuing a strategy that marries public defiance with quiet pragmatism

Stefanie Butendieck Hijerra
Al Majalla
Documents & Memoirs

Putin foreshadowed the Ukraine war in 2008 meeting with Bush

06 January 2026

Recently declassified meeting minutes between the two leaders show how Washington was well aware of Moscow's grievances over NATO expansion, but went ahead anyway

Samer Elias
Al Majalla
Culture & Social Affairs

Christian Éboulé on decolonising the mind

06 January 2026

The Gabonese journalist discusses his debut novel, 'Le Testament de Charles', and how post-independence generations still bear the scars of colonialism

Nesrein El-Bakhshawangy

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