Tag
energy security
3 articles

Analysis
diplomacy
Beijing's Hidden Stake in the Hormuz Halt
China imports more Gulf oil than any country and brokered the 2023 Saudi-Iran normalization. It has the most to lose from Hormuz closure and unique leverage over Tehran.
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iran middle east
Iran Establishes Formal Authority to Govern Strait of Hormuz
Iran's Supreme National Security Council has created the Persian Gulf Strait Authority to manage Hormuz operations as Brent crude hits $111.50 and Trump threatens renewed strikes.
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Explainer
markets
What is the Strategic Petroleum Reserve, and how does it actually work?
America's emergency oil stockpile — what it is, where it sits, who can release it, and what it actually does for prices during a crisis. Includes lessons from the 2022 record release.
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