As US strikes dismantle Iran's regime and Venezuela's leadership, Beijing confronts energy strangulation, chokepoint vulnerability, regime decapitation, and the shattering of Xi's multipolar ambitions
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
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.
The Strait of Hormuz links the majority of the world’s peoplewho live along the shores ofAsia and East Africato the heart of theMiddle East. Long before the discovery of oil, it was the world’s…
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 current conflict is unlikely to go global for now, but the speed at which it has spread regionally is alarming. A look at history shows the geopolitical factors that led to world wars.