Mikhail Krutikhin, an orientalist, Iranologist, and oil and gas market expert, takes stock of the three years since October 7 and explains why Iran's "axis of resistance" concept has suffered a crushing failure across the board. The analyst reveals Washington's brutal behind-the-scenes game in the Middle East, where Saudi Arabia is being made to understand that without genuine normalization of relations with Israel, no amount of petrodollars or alliances with Pakistan will save them from Houthi attacks. Particular attention is paid to the global redistribution of the oil market, Donald Trump's calculated moves, and the threat of a sharp collapse in demand for raw materials should prices rise above a critical threshold. Why is Beijing suffering a series of crushing defeats in key oil-producing regions, yet ultimately turning sanctioned Russia into its unrivaled raw materials appendage?

#oil #iran #saudiarabia #israel #trump #china #russia #straitofhormuz #economy #middleeast #oilprices

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