• In March 2026, the Strait of Hormuz is closed. The shutdown blocks roughly one-fifth of the world's oil and one-quarter of its liquefied natural gas, triggering severe welfare losses in energy-dependent developing countries worldwide. • Standard trade models underestimate the impact...

Energy-sector challenges have shaped international relations since early history, making energy a key component of geopolitics. Understanding current global and regional energy and economic trends is therefore essential. Armenia, like many European Union countries, faces significant challenges...

In response to Russia's full-scale invasion of Ukraine, the European Union has accelerated efforts to diversify its energy supply and reduce structural dependence on Russian gas. Within this strategy, Azerbaijan has emerged as a significant alternative supplier through the Southern Gas Corridor...

• In March 2026, the Strait of Hormuz is closed. The shutdown blocks roughly one-fifth of the world's oil and one-quarter of its liquefied natural gas, triggering severe welfare losses in energy-dependent developing countries worldwide. • Standard trade models underestimate the impact...

* No credible forecast shows UK oil and gas demand falling to zero by 2050, even under net zero scenarios - oil and gas are essential ingredients in plastics, fertilisers, medicines and modern technology * The 78% headline tax rate is forcing a decline in North Sea production and driving...

According to the International Energy Agency, energy security means that energy sources are always available at an affordable price. However, the 2021 and 2022 energy crises and the current global situation raise concerns about energy availability and affordability. As countries, especially...

Energy-sector challenges have shaped international relations since early history, making energy a key component of geopolitics. Understanding current global and regional energy and economic trends is therefore essential. Armenia, like many European Union countries, faces significant challenges...