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Energy dominance as diplomatic leverage
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
Explainer: Fujairah on high alert
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
Middle East oil vulnerabilities have been exposed
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
EU sanctions push stalls ahead of fourth anniversary of Russian invasion
As Europe marks the fourth anniversary of the Russia-Ukraine conflict, EU efforts to tighten sanctions on Moscow have stalled
Letter from Iran: Testing times for Tehran-Beijing crude dynamics
Growing pressure from the Trump administration continues to threaten a resilient China-Iran oil nexus
Explainer: Iran’s indispensable energy role
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
Europe’s rising energy security challenge
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
Venezuela’s true oil potential
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
Outlook 2006: The North Sea’s next chapter – From backbone to blueprint
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
Outlook 2026: How critical mineral partnerships are shaping ASEAN’s energy transition
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
Australia Politics
Andrew Kemp
Melbourne
12 May 2025
Follow @PetroleumEcon
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Australia’s post-election energy priorities

With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference

As the dust settles on Australia’s 2025 elections, a new political reality is emerging for the country’s gas sector. The Labor party has consolidated power, expanding its majority in the House and gaining ground in the Senate, positioning it to pursue its legislative agenda with greater flexibility. But while the government’s authority has grown, its interest in upstream gas has not. The elections were something of a mixed bag for the sector: its traditional allies may have been weakened, but so too have its most vocal opponents. Once seen as the gas industry’s natural ally, the Coalition was routed, with even its leader Peter Dutton losing his seat. This marked the first time an opposition

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Energy dominance as diplomatic leverage
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics

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