SCFR Online – Opinion: The simultaneity of pressure on the Strait of Hormuz and Bab el-Mandeb has turned the geography of energy and shipping into a new arena for the emergence of new risks, costs, and leverage.
Strategic Council Online: Given the agreement reached to reduce oil supply by the OPEC Plus States and the possibility of reducing the impact of the corona crisis on demand, oil prices are expected to rise in the next two to three months.
Mohammad Sadegh Jokar – Energy Expert
Strategic Council Online: Russia’s creeping penetration in OPEC as a mate to OPEC and its non-cooperation with OPEC in its latest bid to avert further damage to member states shows that OPEC’s monopoly power in the oil market before being defeated by America’s growing power in production and extraction of Shale oil is struck by the double standards strategy and unilateralism of its members with non-member allies.
Reza Majidzadeh – Researcher in Political Economy of Development