Spigots still open: Despite rising tensions, oil is flowing and meeting demand.
Tensions between Iran and the US have spiked, but oil prices have barely budged. Why not? And is the oil markets' muted response an accurate reflection of the rising tensions?
Up she goes.
To make sense of the Soleimani assassination, you need to look at the global economics of oil.
Iranian soldiers take part in National Persian Gulf Day in the Strait of Hormuz.
Atta Kenare/AFP via Getty Images
Any disruption to shipping in the narrow seaway could impact oil prices and ratchet up geopolitical tensions.
Coal emissions are falling, but gas and coal use are strongly rising around the world.
Carbon emissions will hit a record high for the second year in a row, but there is a small silver lining: the rate of emissions growth has slowed dramatically.
Commuters idle in rush-hour traffic outside Philadelphia.
AP Photo/Jacqueline Larma
As the effects of climate change become clearer and more ominous, fossil fuel companies face a choice: Defy warnings of catastrophic climate change, or envision their roles in a post-carbon world.
Shaybah oilfield in Rub Al-Khali, Saudi Arabia.
US dominance over the international oil system has influenced the relationship between Saudi Arabia and Iran.
Anti-fracking protesters demonstrate outside the Department for Business, Energy and Industrial Strategy in Central London, November 12 2018.
A permanent fracking ban is needed to end the farce and shift resources into carbon capture and storage.
The border closure has affected goods from other West African countries.
Efforts to increase trade within the continent are being undermined from the start
Oil pump jacks in Williston, N.D.
AP Photo/Eric Gay
How are oil companies positioning themselves for a post-carbon world? So far, cautiously.
The attack on the Abqaiq oil facilities in Saudi Arabia has sparked geopolitical tensions but has had only a minor impact on oil prices.
Hamad I Mohammed/Reuters
Energy-wise, the fallout from the attack on Saudi oil facilities has so far been very muted. The surge in oil production in the US over the past decade helps explain why.
Former Foreign Minister Julie Bishop has offered to help free three detained Australians in Iran, but the attacks on Saudi oil facilities have made the situation vastly more complicated.
Iran is being accused of 'hostage diplomacy' by resorting to incarcerating foreign nationals at a time when sanctions are crippling its economy.
Wes Mountain/The Conversation
Australia has committed to joining the US and the UK in a mission to protect oil ships in the Strait of Hormuz. But why is the Strait the source of so much tension between the US and Iran?
Australia will commit a frigate, an aircraft and some headquarters staff to a US-led operation in the Strait of Hormuz.
As Australia commits to joining a coalition in the Strait of Hormuz, preventing escalation of any conflict should be the primary concern of all players.
Treading water: the Grace 1 tanker was seized by Gibraltar in early July.
After Brexit, the UK will need to decide whether it supports EU diplomacy or US militarism.
Steam rises from Neurath coal-fired power plant near Cologne, Germany. May 2 2019.
A new study lays out what must happen immediately for any hope of limiting global warming to 1.5°C.
A weaker domestic economy could limit Trump’s options.
AP Photo/Andrew Harnik
Trump may find it harder to maintain support for his escalating tariffs on China if the US economy shows further signs of weakness.
US President Donald Trump’s language has only inflamed the tense situation.
AAP/EPA/Jim La Scalzo
A tense standoff in the world’s most volatile region is not only dangerous, it could have been avoided by the US adhering to an agreement that was far from perfect, but better than the alternative.
Protesters at a hearing on President Donald Trump’s plan to allow offshore oil and gas drilling along most of the nation’s coastline, Feb. 14, 2018 in Hamilton, N.J.
AP Photo/Wayne Parry
The Trump administration plan to expand offshore oil and gas production along US coastlines faces serious roadblocks. But there are smarter ways to pursue 'energy dominance.'
Here’s … Donny.
From May 2, any countries buying oil from Iran can expect US sanctions.
Supporters wave signs during an anti-carbon tax rally in Calgary in October 2018.
THE CANADIAN PRESS/Jeff McIntosh
Given Alberta's innovative spirit and its emissions-reducing results, is this a time for the province to turn its back on carbon policy and tarnish its reputation in a world transitioning to lower carbon?