View / Hormuz limbo is now global oil’s top risk
Lost supply and a projected demand rebound have placed the oil market in a fragile equilibrium.
Op-eds & Essays by Tim Boersma & Jonathan Elkind • July 22, 2018
Writing in The Hill, CGEP Scholars Tim Boersma and Jonathan Elkind argue that Europe, even if acting alone, needs to continue focusing on its energy security.
Two economic planning documents released at the March meeting of China's National People’s Congress include the term "energy powerhouse" for the first time.
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.
The war in Iran is not just another energy shock. It is arriving at a moment when Europe is already under cumulative strain: a war on its eastern border, the lingering aftershocks of the 2022 energy crisis, industrial decline, political fragmentation, fiscal limits, and a widening debate over how much of its own security it must now provide.
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Op-eds & Essays by Tim Boersma & Jonathan Elkind • July 22, 2018