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QatarEnergy's liquefied natural gas production facilities in Ras Laffan Industrial City, Qatar, on March 2, 2026.
Analysis

Iran conflict brings energy boon for some, doom for others

The US-Israeli war with Iran has badly damaged oil & gas producers in the Gulf and consumers in the Indo-Pacific. But not all countries within those regions will feel the pain equally.

A foreign tanker carrying Iraqi fuel oil damaged following unidentified attacks that targeted two foreign tankers, according to Iraqi port officials, near Basra, Iraq, on March 12, 2026.​
What We're Watching

Iran focused on closing Strait of Hormuz, Ukraine makes drone without Chinese parts, Beijing deals another blow to China’s minorities

Pirhossein Kolivand, head of the Iranian Red Crescent Society, stands in front of the Shahran oil depot, which was targeted by US-Israeli strikes, in western Tehran, Iran, on March 8, 2026.
What We're Watching

Iran conflict sends oil prices surging, Trial begins for Erdogan’s main adversary, German Greens win in auto state

​An explosion in Sanandaj, Kurdistan province, Iran, amid the U.S.-Israeli conflict with Iran, in this still image from a social media video released on March 5, 2026.
What We're Watching

New fronts of Iran conflict, A better week for Russia than Ukraine, US and Spain butt heads

Two Iranian drones hit Azerbaijan, Iran’s northern neighbor, on Thursday, injuring four people and expanding the Iran conflict onto another front.

Oil and gas markets respond to the conflict in the Persian Gulf
Graphic Truth

Oil and gas markets respond to the conflict in the Persian Gulf

The conflict in the Persian Gulf is already disrupting shipping in one of the most significant oil and gas-producing regions in the world.

​The Guinea-flagged oil tanker MT Bandra, which is under sanctions, at El Palito terminal, near Puerto Cabello, Venezuela, on December 29, 2025.
Analysis

Geopolitical uncertainty? Oil markets no longer care

There have been several geopolitical shocks this year, yet none have stopped oil prices from plunging, showing how oil markets have become more risk tolerant.

Trump bets big on Russian oil sanctions, but will it pay off?
The Debrief

Trump bets big on Russian oil sanctions, but will it pay off?

For the first time since taking office, President Trump has directly sanctioned Russia over President Putin's refusal to come to the negotiating table on Ukraine.

A gas station in Düsseldorf, Germany, on June 10, 2025.
Hard Numbers

HARD NUMBERS: Oil prices spike, China stops drinking, BTS eyes reunion, and more…

Saudi Arabia's oil price problem
Graphic Truth

Saudi Arabia's oil price problem

Saudi Arabia's budget deficit is growing.

Saudi Arabian flag with stock graph and an oil pump jack miniature model are seen in this illustration.
News

Saudis face reality on oil prices

Saudi Arabia reportedly plans to start producing more from Dec. 1, allowing global crude prices to fall. Why? It’s an admission that increased oil production in the United States and other non-OPEC members has combined with lower oil demand from China to drop prices well below the level the Saudis would prefer. By producing more, the Saudis hope to claim a larger share of oil market revenues.