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Saudi Arabia is pulling Europe toward a “Gulf Helsinki” deal with Iran — because Washington failed
When military power fails to impose “deterrence,” oil becomes politics. And the Strait of Hormuz is now writing Gulf security rules instead of the Pentagon. With Hormuz still closed and the emergen…
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fortune.com
Oil markets could be a month away from the moment of truth. Brace for a 'non-linear' price spike and panic buying, analysts warn | Fortune
Oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady, according to Capital Economics.
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middleeastmonitor.com
Saudi Arabia is pulling Europe toward a “Gulf Helsinki” deal with Iran — because Washington failed
When military power fails to impose “deterrence,” oil becomes politics. And the Strait of Hormuz is now writing Gulf security rules instead of the Pentagon. With Hormuz still…
- ·
thedailystar.net
Opaque oil deals around Hormuz test the petrodollar
The US dollar-dominated global oil trading system is being tested by the Iran war and the closure of the Strait of Hormuz, as governments in major consuming nations turn to…