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Archives Energy resources - Page 6 of 15 - New Eastern Outlook

us strikes on iran

War for Oil: Washington Stepping to Consolidate control on Global Oil

On March 7, 2026, the White House clarified that the US wanted to gain complete control of Iran’s  oil reserves and infrastructure, showing that Operation Epic Fury is another war for oil.

Simon Chege Ndiritu

The Iran Conflict: Oil Markets, Shale Incentives, and the Acceleration of Multipolar Realignment

The US-Israel military operation against Iran, initiated on February 28, 2026, has produced the sharpest short-term oil price shock since the early stages of the Russia–Ukraine conflict.

Phil Butler

Europe’s Energy Gamble: How the Iran Crisis Could Reshape the Gas War with Russia

Disruptions in the Strait of Hormuz and surging energy prices are exposing the fragility of Europe’s post-Russian energy strategy while potentially strengthening Moscow’s leverage in global energy markets.

Ricardo Martins