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Report

China’s Meltdown Spells Even More Peril for Petro-States

Oil prices were already fighting a massive hangover. Now, market convulsions in China threaten oil-dependent regimes from Russia to Venezuela.

Report

In Pipeline Attacks, Oil Runs Thicker Than Kurdish Blood

The PKK’s attacks on energy infrastructure in Turkey aren’t just directed at their longtime enemy in Ankara — they're also aimed at Iraqi Kurds they see as sellouts.

Report

Oil Glut Sends Crude Prices Tumbling and Hammers U.S. Producers

Supply is outstripping demand by more than 2 million barrels per day — and that's before Iran starts selling more crude in the wake of the landmark nuclear deal with Washington.

Report

Iran’s Return to Oil Markets Is Good for Energy Firms but Bad for Russia

Iranian oil on global markets is good for energy companies. It's not so good for Vladimir Putin.

Dispatch

Why Brazil Won’t Take Dilma’s U.S. Bait

President Rousseff’s attempt to make domestic political gains with her trip to America is falling flat at home.

Transitions

An Oil Strike in No Man’s Land

A new oil field near Venezuela could be the miracle Maduro was waiting for. There's just one problem — it's in territory claimed by Guyana.

Passport

If Nigeria Is a Petrostate, Why Is It Always So Short on Fuel?

Nigeria has some of the world's richest oil fields. But recent strikes prove its lack of refinery infrastructure could soon make it a failing petrostate.

Argument

Dr. Strange-oil

Four slightly insane -- but not entirely unrealistic -- ways that Vladimir Putin could spike the price of oil to save Russia's economy.

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    March 2015 Issue Cover