Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.
Data & financial journalist covering global economics and policy
Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.
Following series were published in June 2025 and is being republished due to the recent shift in geopolitics around the Strait
Despite sanctions, Russia’s crude oil exports remain steady. Trade flows have pivoted from Europe to Asia, with China and India now the top buyers. India’s growing imports—and its refusal to join Western sanctions—have triggered steep new U.S. tariffs.
Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut—so large that it is likely to limit the price effects even of a wider conflict in the Middle East