The revocation of General License 41, which had allowed Chevron to resume limited oil operations in Venezuela under U.S. sanctions, reveals critical insights into the unintended consequences of…
For oil producers in the Middle East, mounting external pressure from trade tensions, tariffs, and oil sanctions presents headwinds to government revenue and regional stability. Oil production is becoming a…
The traditional correlation between Middle East conflict risk and accelerating oil prices is now broken. Oil markets are well-supplied by non-OPEC production, and weak demand in Asia and a longer-term…
