Politics. Economics. Markets. — The Authoritative Voice on the Middle East
How does the Strait of Hormuz affect oil prices? Simple explanation of why this 21-mile chokepoint controls 21% of global oil supply, plus the 2026 closure case study that sent oil from $85 to $126…
Goldman $85. EIA $79. OPEC $88. Brent crude scenarios for 2026 with probability weights, trigger events, and which…
The Brent-WTI spread has exploded to $12.50 — three to five times its historical norm of $2–4. With…