Iran Races to Sell Oil Stored in China
January 16th, 2025
Via the Wall Street Journal, a report that Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East: Iran has shipped nearly 3 million barrels of oil from a storage site in China, people familiar with the matter said, in […]
Read more »Conflict Is Remaking the Middle East’s Economic Order
December 22nd, 2024
Via The Economist, a look at how conflict is remaking the Middle East’s economic order where Iran is boxed in as Saudi Arabia, the UAE and Turkey look to capitalize: THE LIQUIDITY crunch could not have come at a worse time. Usually, most of Hizbullah’s budget arrives on a plane in Damascus, the Syrian capital, with […]
Read more »Iran’s Energy Crisis Hits ‘Dire’ Point as Industries Are Forced to Shut Down
December 22nd, 2024
Courtesy of the New York Times, an article on Iran – which although it has one of the biggest supplies of natural gas and crude oil in the world – finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks: Government offices in Iran are closed or operating […]
Read more »Sanction Busting In Strait of Hormuz
November 28th, 2024
Via Semafor, a look at how sanction busting occurs in the Strait of Hormuz: They move best at night, in a swarm. Twenty, maybe 25 small boats side-by-side. Up to 100 boats at a time: “Waterworld” without Kevin Costner. Simple speedboats, around six meters long, each with a powerful engine, traversing the fabled Strait of […]
Read more »Saudi Arabia and Iran: The New Battle for the Middle East
October 25th, 2024
Courtesy of Foreign Affairs, a detailed look at the clash of visions between Saudi Arabia and Iran: There are many Middle Eastern conflicts that could reshape the global political order. But the one most likely to do so is the battle between the region’s two dominant powers: the kingdom of Saudi Arabia and the Islamic […]
Read more »Bank Run: Hezbollah’s Sprawling Financial Empire Looks Vulnerable
October 22nd, 2024
Via The Economist, an article on Hezbollah’s increasingly vulnerable financial empire: Residents of Beirut are, by now, used to warnings from the Israel Defence Forces ahead of bombing runs. Typically, these instruct locals to stay away from a tower block suspected of harbouring fighters, or perhaps a school said to double as a weapons cache. The […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.