As Iran anticipates a lifting of sanctions, it will return to a very different oil market where Iraq has filled the vacuum.
Likely Republican control of the Senate means President-elect Joe Biden's first policy actions will come from the President's pen, rather than Congressional legislation.
The outcome of the election will have significant implications for the energy industry – but some trends are beyond White House control.
Iran has announced a new oil pipeline project that would allow it to bypass the Strait of Hormuz
The success of the world's largest oil production cut may hinge on the United States.
The President's plan to secure Syrian oil threatens to further complicate an already difficult situation
Even as markets steady, the stronger U.S. dollar remains a headwind for both crude oil and the global economy.
Weakening demand has become the overarching concern for the oil markets, topping even a potential conflict in the Persian Gulf, a once unthinkable dynamic.
The U.S. State Department announced on April 22 that it would let all Iran sanctions waivers expire at the beginning of May as part of the Trump administration’s “maximum pressure” campaign on Iran.
The oil market’s immediate reaction to the White House's announcement to not reissue Iranian oil waivers underlines the fact that oil prices and world politics are inextricably linked