The ongoing Iran war has unleashed one of the most severe energy shocks in decades. Our five-part series explores decisive moments when turmoil in the energy world changed the trajectory of geopolitics. Barrels and Power - Part 4 With no let-up in the escalating Iran-U.S.-Israel conflict, talk of $200 oil has leapt from fringe alarm to boardroom concern, as disruptions around the Strait of Hormuz - artery to nearly a fifth of global supply – continue to rattle markets. The

The ongoing Iran war has unleashed one of the most severe energy shocks in decades. Our five-part series explores decisive moments when turmoil in the energy world changed the trajectory of geopolitics. Barrels and Power - Part 3 Enrico Mattei For decades, the world’s most important commodity was governed by a remarkably small club. Oil flowed from the deserts of the Middle East and the plains of Latin America, yet the rules of the trade were written elsewhere in the boardroo

The ongoing Iran war has unleashed one of the most severe energy shocks in decades. Our five-part series explores decisive moments when turmoil in the energy world changed the trajectory of geopolitics. Barrels and Power - Part 2 The coup that restored the Shah also entrenched a legacy of oil politics and foreign intervention that still shadows Iran today. Mohammad Mosaddegh At the start of the 20 th century, Persia was a fading empire ruled by the aging Qajar monarch Moza

Barrels and Power – PART 1 The ongoing Iran war has unleashed one of the most severe energy shocks in decades. Our five-part series explores decisive moments when turmoil in the energy world changed the trajectory of geopolitics. The Caspian oil boom at the dawn of the twentieth century first revealed how petroleum could shape markets, empires and revolutions. Ludvig Nobel Long before the Persian Gulf became the centre of modern energy geopolitics, its first great arena emerg