Failure to restore shipping through the Strait of Hormuz is beginning to show what prolonged disruption could mean for global energy markets. Early volatility has been sharp but manageable, yet the longer the disruption lasts, the greater the risk that physical shortages—rather than price swings—will drive the crisis. In recent days, Iranian attacks have expanded […]
Hormuz disruption tests limits of global energy markets Read More »
The Israeli military has announced that it targeted fuel storage facilities linked to the Islamic Revolutionary Guard Corps in Tehran on March 7, 2026. Videos circulating online show massive flames and thick plumes of smoke rising from oil depots in Tehran and Karaj. Tehran Governor Mohammad Sadegh Motamedian said on March 8 that fuel supply
Attacks on Tehran’s Fuel Storage and Energy Infrastructure Will Have Consequences Read More »
Iran has shown it can disrupt regional energy flows. What remains far less clear is whether it can use that leverage to shape the outcome of the conflict in its favor. Over the past several days, Iranian missiles have targeted three oil tankers and several oil and gas facilities in neighboring countries while also obstructing
Iran’s oil weapon may rattle markets but not alter the war Read More »
After suffering U.S. and Israeli strikes on its military and senior officials, the Islamic Republic launched a missile and drone assault against Arab states along the Persian Gulf. Iranian forces launched roughly 1,500 drones and missiles at Iraq, Saudi Arabia, Kuwait, Bahrain, the United Arab Emirates, Qatar, and even Oman as of March 3, 2026.
Attacking Gulf Arab States Was a Huge Mistake for Iran Read More »
ehran’s frequently invoked threat of closing the Strait of Hormuz may be far easier to signal than to carry out, not least because it would harm allied China more than the hostile West. For now, the threat is muted as Iran and the United States have returned to the negotiating table. But the shadow of
Why Iran may not afford to close the Strait of Hormuz Read More »
