EXPLAINER
Money & global powerWhy does oil affect geopolitics so much?
Concentrated supply, thin spare capacity, long replacement times.
What this covers
- Why supply is geographically concentrated
- What spare capacity is and who holds it
- Why prices move on expectation, not just on physical shortage
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EXPLAINER
Energy markets
How oil and gas are priced, traded and disrupted.
How the world actually works
CASE FILEDOCUMENTED
Why does the Strait of Hormuz matter?
Oil, shipping, Iran, Gulf states and global markets.
Geopolitics
EXPLAINER
Trade routes
Chokepoints, canals and why a single blockage matters.
How the world actually works
CASE FILEDISPUTED
Do economic sanctions actually work?
Researchers disagree — largely because they define success differently.
Money & global power