Mexico’s election could evolve oil nationalism
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
Andres Lopez Obrador has caused an earthquake in Mexican politics since winning the presidential election in June 2018. And despite his left-wing, populist social policies being much more successful than his nationalistic energy ones, his protege, Claudia Sheinbaum, and their political party, Morena, are well-placed to dominate the presidential, congressional and gubernatorial elections on 2 June. In an attempt to slow the Morena juggernaut, the three main political parties from Mexico’s past—the left-wing PRD, centrist PRI and right-wing PAN—are fielding a single presidential candidate, Xochitl Galvez. Nevertheless, Sheinbaum is ahead by 29 percentage points, at 61% support, based on the Bl
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






