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Explainer: Fujairah on high alert
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
Middle East oil vulnerabilities have been exposed
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
EU sanctions push stalls ahead of fourth anniversary of Russian invasion
As Europe marks the fourth anniversary of the Russia-Ukraine conflict, EU efforts to tighten sanctions on Moscow have stalled
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
Explainer: Iran’s indispensable energy role
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
Europe’s rising energy security challenge
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
Venezuela’s true oil potential
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
Outlook 2026: How critical mineral partnerships are shaping ASEAN’s energy transition
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
Outlook 2026: Time for a new international energy order
With the arrival of a multipolar world and 4b energy-poor people, the existing energy order is no longer fit for purpose
Politics Supply and demand
Joseph Murphy
9 October 2025
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An all-energy stance

A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability

New technologies will drive the global energy transition, but the transition should be a balancing act between new and existing technologies rather than a drive to eliminate any single energy source, Anuja Tiwari, a senior partner specialising in energy, infrastructure and sustainability at Indian law firm AZB & Partners, told Petroleum Economist. A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability, Tiwari said on the sidelines of Gastech in Milan in September. “Every fuel has to play a role in the economy and development of the nation,” she said. “You can change the percentage of that fuel in the

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Explainer: Fujairah on high alert
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat

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