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 Iran war tests Taiwan’s energy resilience

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 Iran war tests Taiwan’s energy resilience

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 Iran war tests Taiwan’s energy resilience

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

Global Energy Agenda

Nov 30, 2023

The 2024 Global Energy Agenda

By Landon Derentz, Christine Suh, Paul Kielstra (Editors)

The fourth edition of the Global Energy Agenda kicks off with a collection of essays by energy leaders that are rolling out during COP28. Rounding out the Agenda in early 2024, the Atlantic Council Global Energy Center will release the results of its annual survey of experts that takes the pulse on the geopolitical risks affecting energy markets, the future of fossil fuels, and the transition to clean energy.

Energy & Environment Geopolitics & Energy Security
Public Event Tue, November 28, 2023 • 5:00 am ET

POSTPONED – Venezuela 2024: A Democratic Opportunity
Corruption Elections Financial Sanctions and Economic Coercion Latin America
Public Event Mon, November 6, 2023 • 7:00 am ET

The future of economic partnership between the US, Europe, and LAC
Americas Energy Transitions European Union Latin America
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Content

EnergySource

Mar 19, 2026

The Iran war tests Taiwan’s energy resilience

By Kevin Li

Taiwan's energy vulnerabilities are being sharply tested by supply disruptions from the conflict in Iran. Mitigating these risks will require both short-term crisis management and longer-term diversification of its energy mix.

Energy & Environment Geopolitics & Energy Security

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

UkraineAlert

Mar 17, 2026

The Iran war is good for the Russian economy but bad for Putin’s prestige

By Maksym Beznosiuk, Will Dixon

From Armenia and Syria to Venezuela and Iran, Moscow’s inability since 2022 to aid its allies in times of crisis has seriously damaged Russia’s reputation as a global power, write Maksym Beznosiuk and Will Dixon.

Conflict Geopolitics & Energy Security

Econographics

Mar 12, 2026

By threatening the Strait of Hormuz, Iran turns geography into a global economic weapon

By Alex Mills

Iran’s threat to attack vessels in the Strait of Hormuz has effectively shut down one of the world’s most critical energy shipping routes, turning geography into a powerful economic weapon.

Economy & Business Energy & Environment

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

Dispatches

Mar 11, 2026

Twenty questions (and expert answers) about the Iran war

By Atlantic Council experts

As the US-Israeli war against Iran reverberates across the Middle East and the globe, Atlantic Council experts bring clarity to the fast-moving events.

Conflict Iran

MENASource

Mar 10, 2026

How to understand the Iran war market swings: A geopolitical put option

By Khalid Azim

The two most important determinants of an option’s price are time to expiration and volatility.

Economy & Business Iran

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

Dispatches

Mar 5, 2026

Enforce sanctions to prevent Russia from benefitting in a prolonged Iran crisis

By Kimberly Donovan

Russia has millions of barrels of sanctioned oil it is ready to sell—unless the United States and its allies step up sanctions enforcement.

Conflict Energy & Environment

Dispatches

Mar 3, 2026

How the US and its allies can prevent an energy supply crisis in the Strait of Hormuz

By David L. Goldwyn, Andrea Clabough

As Iran threatens to stop oil and gas shipping through the critical waterway, coordination on what to do with strategic reserves is more important than ever.

Conflict Energy & Environment
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Experts

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

Neil Ford

Nonresident Senior Fellow

Africa Center

Africa Energy & Environment

Fellow

Agnia Grigas

Nonresident Senior Fellow

Eurasia Center

Eastern Europe Energy Markets & Governance

Fellow

Mamadou Fall Kane

Nonresident Senior Fellow

Africa Center

Africa Energy & Environment

Fellow

Inwook Kim

Nonresident Fellow

empowerME Rafik Hariri Center & Middle East programs

English Geopolitics & Energy Security
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Events

Flagship Event Tue, June 9, 2026 • 9:00 am ET

2026 Global Energy Forum

The tenth Global Energy Forum will chart the course for continued innovation, collaboration, and leadership in the global energy transition. 
Africa Americas Climate Change & Climate Action Critical Minerals