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Jul 8, 2026
For decades, Iran has relied on the Strait of Hormuz as its most effective geopolitical weapon -- a crucial energy chokepoint through which up to a third of the world’s oil is...
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Jun 29, 2026
Libya has boosted crude production to a 13-year high of nearly 1.5 million bpd and is targeting 2.1 million bpd within three to five years, supported by OPEC's stronger long-term oil...
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Jun 24, 2026
Saudi Arabia appears to be recalibrating back toward China and Russia after the Iran conflict, with recent high-level meetings focused on expanding energy cooperation.
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Jun 17, 2026
The Americas are replacing the Middle East as the key source of global oil supply, with crude exports from the Western Hemisphere hitting a record 14.5 million bpd while Strait of...
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Jun 9, 2026
U.S.-Iran peace talks appear stalled, with both Washington and Tehran potentially benefiting from a prolonged conflict rather than a rapid settlement, keeping the Strait of Hormuz...