Energy Wars articles

A clear and present solution

A clear and present solution

Tensions between Iran and the world powers should prompt reconsideration of Iran’s 2003 letter to the United States proposing a ‘grand bargain’.  Drafted by Sadegh Kharrazi, then ambassador to France, it had been discussed by a small group including Ayatollah Ali Khamenei, the rahbar (‘leader’). Iran offered intrusive inspection of its nuclear facilities, recognition of

Mapping a tinderbox of possibilities

Attempting to predict whether a war between Iran, Israel and the West will occur is an exercise in speculation akin to asserting that the uprisings in the Arab world will lead to real freedom and democracy in the Middle East — obviously no one has either answer yet; Executive does not pretend to either, not

No shelter from the storm

An attack on Iran that blocks the Strait of Hormuz would clearly have an impact on the Gulf economies. But when it comes to the possibility of a Gulf conflict, companies are extremely reluctant to talk about whether they have contingencies in place.  American technology firm Emerson, which works with the energy industry, replied to

Cashing in on conflict

The oil crisis in 1973 saw oil prices quadruple, equivalent today to a jump from $125 to $500 per barrel at late February prices. If Iran is attacked and oil tanker traffic is disrupted through the Strait of Hormuz, some 17 million barrels per day (bpd) would be taken off line and the markets would

Flirting with death

Just west of the Strait of Hormuz lies the United States Navy's Fifth Fleet in Manama which “covers the busiest 60 acres in the world,” according to military.com, the largest US army and veteran online forum. The naval command center in Manama coordinates NSA (Naval Support Activity) of nine US bases in Bahrain, two in

The boy who cried war

Among the fables of the ancient Greek storyteller Aesop is that of a young shepherd who repeatedly raises false alarms about a looming wolf with nearby villagers; the crux comes when a real wolf later appears but nobody believes the boy’s cries before it is too late. Now, replace “young shepherd” with “the media, Middle

The most dire of straits

The prospect of a war against Iran has been on the cards for decades. Since 2005, innumerable media reports have proclaimed that war is imminent, and this year will be the year it will happen. Think tanks, war strategists, risk consultancies and the various militaries have all compiled papers on how a conflict in the

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