India’s oil import risk becomes painfully visible whenever conflict erupts near major energy routes. The Iran war has pushed crude prices sharply higher, and Reuters reported that Brent crude climbed to over $105 per barrel as worries grew over the fragile US-Iran ceasefire. For India, this is not distant geopolitics; it affects the rupee, import … Read more
The Iran war has shown that the strongest countries are not only those with missiles, armies or alliances. The real winners are countries that can survive energy shocks without panic, fuel shortages or currency pressure. Nations with diversified energy supplies, domestic production, strategic reserves and renewable capacity now have more room to manoeuvre than oil-dependent … Read more
A Hormuz shock would hurt China. Pretending otherwise would be stupid. China is the world’s biggest crude importer, and the Strait of Hormuz is still one of the most important energy chokepoints on earth. But China may still be better positioned than many countries to absorb the disruption because it has built buffers that a … Read more