Trump urged ships to return to the Strait of Hormuz and “let the oil flow”. But it’s not that straightforward.
Articles on global energy markets
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Politicians and environmental groups are renewing calls for a 25% tax on Australia’s gas exports. An energy law expert explains how it would work.
Israel and Iran have both attacked critical energy infrastructure sites. So what does this mean for energy prices here in Australia, and around the world?
Fears about supply, demand, profits and supply chains all combine into a volatile mix that delivers prices that are often higher in a crisis, but also change more rapidly and by larger amounts.
Australia may not import crude oil or petrol from Russia. But the world oil market behaves as one great pool.
Canada must move away from using fossil fuels, but a transition that comes too fast could harm the economy. Policy-makers must strike a balance between energy security and economic growth.
Top contributors
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Associate Professor of Economics, University of Regina
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Honorary Fellow, The University of Queensland
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Nonresident Fellow in Energy and Global Oil, Baker Institute for Public Policy, Rice University
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Professor of Energy and Natural Resources Law, Macquarie University
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Professor of Law, Deakin University
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Industry Fellow, Institute for Sustainable Futures, University of Technology Sydney