oil prices
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The Hormuz Ultimatum: Wealth Doesn’t Win Wars
X.T.M disputes the view that military power follows GDP. He argues that the richer US-Israeli side is losing the economic war over Hormuz, and that Iran’s culture of honourable death…
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The Strait That Broke the World
X.T.M argues that the closure of the Strait of Hormuz after the 28 February US-Israeli strikes on Iran is already a global economic shock. He traces the cascade from oil…
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A Deleted Tweet Just Moved the Oil Price 17%. Welcome to the New World.
X.T.M uses the oil price shock after the closure of the Strait of Hormuz, including a deleted US Energy Secretary tweet that moved prices 17 percent, to argue the global…
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The mystery of high fuel prices in india
Contributor Yajnavalkya asks why petrol and diesel stay near Rs 100 a litre in India when Brent crude is under $80, arguing that taxation and the oil marketing companies’ pricing…
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The flip side of globalization
Razib Khan links a report of protests across Bangladesh after a 52 percent fuel price rise, adding that global supply shocks from the Russia-Ukraine conflict will hit small developing nations…
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Starting the week
The author expects the oil price to fall as low as $30 before recovering, says central bank stimulus continues a slow post-2008 recovery, and points to the falling price of…
