On July 6, the Valdai Club hosted a discussion titled “War, Sanctions, Supply and Demand: Oil Markets After the Gulf Crisis.” Moderator Ivan Timofeev posed a series of questions to the panellists regarding the fragility of the current truce and its impact on oil markets: to what extent has the cessation of hostilities influenced prices, […]
While OPEC+ and the US may be the two whales of global oil markets, ASEAN is not a third whale. Its countries are a school of smaller fish swimming between them. They do not get to decide how the whales move. What they can decide is how we swim: not locking onto one whale’s wake, […]
In spite of pessimistic forecasts of certain doom for Iran if Tehran ever found itself in a direct confrontation with Washington, the Islamic Republic withstood the overwhelming US-Israeli blow launched against it after decades of mounting tensions. With Iran emerging from the conflict as the first state in fifty years to survive a war with […]
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