The Geopolitics of Oil: Energy as a Strategic Tool in Global Conflicts

Tue, 05 May 2026 19:16:00 +0200

The ongoing conflict with Iran illustrates that modern warfare extends far beyond missiles and bombs. Energy, particularly oil, has become a central instrument of geopolitical power. The United States has leveraged its position as the world's top oil producer to influence global markets and gain strategic advantage. Despite the rhetoric of American 'energy independence,' the U.S. remains deeply integrated into a global oil system where price spikes affect everyone. Meanwhile, sanctioned nations like Iran, Russia, and Venezuela are attempting to trade outside the U.S. dollar system, challenging traditional financial structures. The recent surge in oil prices has triggered widespread economic strain, raising inflation, food insecurity, and instability for billions, while Western oil corporations reap record profits. Strategic chokepoints like the Strait of Hormuz underscore the critical role of shipping lanes and pipelines in global security. Furthermore, the weakening of OPEC, highlight