Oil & Gas

Oil & Gas

Even in a more carbon-conscious world, oil and gas will continue to play a significant role in the global energy system. From petrochemicals to power generation, oil and gas technologies will be a central player in the “dual challenge” of meeting increased energy demand and the need for low-carbon energy, making oil and gas still critical for international trade, investment, and geopolitics.

Recent analysis

The diesel shock is here. Which US states will be hit the hardest?

Dispatches Mar 17, 2026

How the Iran war could trigger a European energy crisis

By Lisa Basquel

Refilling Europe’s depleted gas storage—already a difficult task given the continent’s efforts to stop purchasing Russian gas—is even more difficult now with the Strait of Hormuz effectively closed.
Conflict Economy & Business
The diesel shock is here. Which US states will be hit the hardest?

Dispatches Mar 12, 2026

Energy under attack: What the Gulf can learn from Ukraine and Iraq

By Matthew Keating

In their successes and shortcomings, Iraq and Ukraine are cases worth studying by countries currently under attack from Iran.
Energy & Environment Geopolitics & Energy Security
The diesel shock is here. Which US states will be hit the hardest?

Dispatches Mar 5, 2026

What a Middle East oil and LNG crisis means for China and East Asia

By Joseph Webster, Reid I’Anson, and Kevin Li

China, Japan, South Korea, and Taiwan would each be affected by a collapse in energy through the Strait of Hormuz, which Iran has effectively closed.
China Conflict

Programs

The Global Energy Center develops and promotes pragmatic and nonpartisan policy solutions designed to advance global energy security, enhance economic opportunity, and accelerate pathways to net-zero emissions.

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Events

New Atlanticist

Jan 11, 2020

Gas imports remain key to Asia’s development plans

By Adal Mirza

Despite rising renewable energy generation, South and South East Asia will continue to look at major investments in new gas import infrastructure to displace more carbon-intensive fuels, as the region races to meet its development ambitions.

Energy Markets & Governance Energy Transitions

New Atlanticist

Jan 11, 2020

Climate commitments needed to head off threats of volatility and instability

By Adal Mirza

A widening gap between perceptions and reality of the global energy markets could increase volatility as governments, policy makers, and industries struggle to tackle climate change, according to Fatih Birol, the executive director of the International Energy Agency.

Climate Change & Climate Action Energy Markets & Governance

Report

Jan 9, 2020

International grid integration: Efficiencies, vulnerabilities, and strategic implications in Asia

By Phillip Cornell

In order to meet growing global demand for electricity, and in response to an increase in renewables, power networks and markets are evolving and becoming increasingly interconnected. South and Southeast Asia have already had some success with interconnections, and China’s vision and Belt and Road Initiative loom large in the region, but there are geopolitical concerns to contend with. Could a US model manage these concerns? What is the state of regional power markets in Asia and investment in regional grid infrastructure, and what responses are we already seeing to emerging trends?

Climate Change & Climate Action Energy Markets & Governance
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Content

EnergySource

Sep 2, 2026

The diesel shock is here. Which US states will be hit the hardest?

By Joseph Webster and Theo Aldrighi

Learn how the Strait of Hormuz closure is affecting states' supply and price of distillate fuel oil.

Energy & Environment Geopolitics & Energy Security

EnergySource

Sep 1, 2026

Four questions on the US-Venezuelan oil deal

By David L. Goldwyn, Andrea Clabough

The impact of the "historic" oil deal between the US and Venezuela will remain uncertain until several unresolved issues are addressed.

Energy & Environment Energy Markets & Governance

MENASource

Aug 20, 2026

With war in the region, Egypt must recalibrate its energy policy

By Nour Taha

Egypt needs a two-track strategy, accelerating its green energy buildout while managing its natural gas reserves for sustained output.

Crisis Management Egypt

Dispatches

Aug 20, 2026

Why Iran has not folded yet

By Andrew L. Peek, Jonathan Panikoff

Formed by the brutal Iran-Iraq War, the men who now lead the Iranian regime will fight back before giving in. But time is not on their side.

Conflict Iran

EnergySource

Aug 17, 2026

The oil shock is sorting Latin America. The dividing line is institutions, not barrels.

By Liliana Diaz

Latin American countries that have been resilient amid the oil shock show how the region as a whole can reset its energy agenda toward stability.

Energy & Environment Energy Markets & Governance

Dispatches

Aug 12, 2026

Iran is draining its leverage in the Strait of Hormuz. Trump’s best move is to let it happen.

By Landon Derentz

The US goal should be to help construct a global energy system in which Iran closing the Strait of Hormuz matters far less.

Conflict Geopolitics & Energy Security

Dispatches

Aug 5, 2026

Russia will sacrifice its civilian economy on the altar of the war effort

By Charles Lichfield and Brendon Chen

As the Central Bank of Russia runs out of options and bad loans accumulate on balance sheets, the Kremlin continues to privilege war-linked sectors.

Conflict Economy & Business

Dispatches

Jul 29, 2026

How Oman and Europe can open the Strait of Hormuz for good

By Jonathan Panikoff

Muscat should ask the British- and French-led maritime security mission to deploy to the strait within Omani territorial waters.

Conflict Europe & Eurasia

TURKEYSource

Jul 24, 2026

Turning to Azerbaijani gas and US LNG, Turkey seeks to break its reliance on Russian energy

By İlker Sezer

Turkeyʼs multifaceted approach to diversifying its gas supplies away from Russia, including by buying from the US and Azerbaijan, may finally be paying off.

Energy & Environment European Union

Dispatches

Jul 20, 2026

The Houthis just announced a blockade on Saudi Arabia. What does it mean for the global economy?

By Allison Minor

Three factors will determine how disruptive the new Houthi campaign will be to global oil markets and Gulf economic stability.

Conflict Iran
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Experts

Fellow

Alhussain Abdalla

Nonresident Senior Fellow

Africa Center

Africa Arabic

Fellow

Marino Auffant

Nonresident Senior Fellow

GeoStrategy Initiative Scowcroft Center for Strategy and Security

Economy & Business Energy & Environment

Staff

Reed Blakemore

Director, Research and Programs

Global Energy Center

Geopolitics & Energy Security Energy Transitions

Fellow

Ben Cahill

Nonresident senior fellow

Global Energy Center

Energy & Environment Oil and Gas

Fellow

Neil Ford

Nonresident Senior Fellow

Africa Center

Africa Energy & Environment

Fellow

Agnia Grigas

Nonresident Senior Fellow

Eurasia Center

Eastern Europe Energy Markets & Governance
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