Tag: Kuwait
Two Options for the Strait of Hormuz in a Decarbonized World
The most useful way to think about the Strait of Hormuz in a decarbonized future is not as an oil story that fades away as the energy transition advances. It is a systems story about where risk sits in the architecture of the economy. In the fossil era, Hormuz matters … [continued]
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Targeting of Energy Facilities Turned Iran War into Worst‑Case Scenario for Gulf States
The U.S.-Israeli military campaign against Iran took a dangerous turn on March 18, 2026, with tit-for-tat strikes on critical energy infrastructure that amount to the most serious regional escalation since the conflict began. First, an Israeli drone strike targeted facilities at Iran’s Asaluyeh complex, damaging four plants that treat gas from the offshore South … [continued]
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