A Structural Shift in Global Energy Security Management

Successive disruptions in energy markets and maritime routes reveal that the world is undergoing a structural shift in the way energy security is managed.

The model that prevailed over recent decades built on abundant supplies, the smooth flow of international trade, and reliance on spot markets to address temporary shortages is no longer suited to an environment increasingly shaped by wars, sanctions, supply-chain disruptions, and rising shipping and insurance costs. ...