The State of the Iranian Oil and Gas Industry Iran, a nation endowed with some of the world’s largest hydrocarbon reserves, stands as a pivotal player in the global energy landscape. With the second-largest natural gas reserves and the fourth-largest proven crude oil reserves globally, the Iranian oil and gas industry is a cornerstone of […]
Trump’s Tariff Announcement on Venezuelan Oil Buyers – Implications for Global Trade and American Consumers On March 24, 2025, President Donald Trump took to his Truth Social platform to announce a bold new trade policy: a 25% tariff on all imports from any country purchasing oil or gas from Venezuela, effective April 2, 2025. In […]
U.S. Trade Actions and Their Ripple Effects The global oil and gas trade is entering a period of unprecedented flux, driven in large part by U.S. trade policies under the Trump administration as of March 18, 2025. With the reimposition of tariffs and a renewed emphasis on “America First” economic strategies, the U.S. energy sector—long […]
Global Energy Trade Dynamics: The Evolving Landscape of Oil Exports and Imports The Changing Face of Global Oil Trade The global energy trade landscape is undergoing a significant transformation driven by geopolitical realignments, shifting demand patterns, and advancements in energy technology. Traditional powerhouses in oil exports and imports are facing challenges from emerging players that […]