Donald Trump announced an Iran peace deal at the G7, sold domestically as a strategic win for the elections. However, concrete results contradict this narrative: Iran maintained its nuclear capacity and control of the Strait of Hormuz, while the regime was strengthened by nationalism. Gulf allies pulled back, Israel became isolated, and the US reaped only a discursive triumph for the domestic public, while the actual geopolitical balance changed very little.

Iran is inaugurating a new chapter in Middle Eastern history following what it presents as its victory in the Strait of Hormuz war. With the announcement of an agreement aimed at ending the conflict between the United States and Iran, lifting the naval blockade, restoring safe navigation through the strait, and recovering Iranian rights allegedly restricted by previous resolutions of the United States, the UN Security Council, and the International Atomic Energy Agency, a ne

Qatar's 23% drop in oil revenues in Q1 2026 signals a structural decay in global energy after war escalated with Iran. The partial closure of the Strait of Hormuz and disruptions at Ras Laffan exposed severe international logistical vulnerabilities. More than a regional crisis, this fierce shock is poised to trigger prolonged effects on global inflation, economic growth, and political stability.

In recent years, since Vladimir Putin came to power in Russia, the distribution and control over energy flows have been used as powerful tools of foreign policy by the Kremlin. Through their use, Russia has become a key trading partner for the European Union, which, until the beginning of the Russo-Ukrainian conflict in 2022, was the main destination for exports of commodities such as natural gas and oil from Russia.