Persian (Gulf)

Executive Summary With the fourth Taiwan Strait crisis materializing, the odds of a major war between the world’s great powers have gone up. Our decision trees suggest the odds are around 20%, or double where they stood from the Russian war in Ukraine alone. The world is playing “Russian…

Executive Summary Oil Markets Remain Tight Oil Markets Remain Tight…

Executive Summary Iran Reaches Nuclear Breakout Biden And Putin Court The Middle East…

Executive Summary China's Unemployment Questions From The Road…

Executive Summary Further GDP Weakness Would Push Brent Lower Further GDP Weakness Would Push Brent Lower…

Listen to a short summary of this report.     Executive Summary Higher Real Yields Have Weighed On Equity Valuations Higher Real Yields Have Weighed On Equity Valuations…

Executive Summary EU Embargoes Russian Oil Energy Cutoff Continues (GeoRisk Update…

Executive Summary Brent Stable As Demand + Supply Fall Brent Stable As Demand + Supply Fall…

Executive Summary The Ukraine war reinforces our key view that commodity producers will use their geopolitical leverage this year. The market is growing complacent again about Russian risks. Iran is part of the same dynamic. If US-Iran talks fail, as we expect, the Middle East will…

Executive Summary Higher Prices Expected Higher Prices Expected…