
Amena Bakr
Head of Middle East Energy & OPEC+ research at Kpler
Amena Bakr is the Head of Middle East Energy & OPEC+ research at Kpler, an independent global commodities trade intelligence company.
Leaving OPEC won’t give Venezuela its oil back
Caracas would sacrifice political leverage without a significant boost to production.

Venezuela’s interim President Delcy Rodríguez meeting with US Energy Secretary Chris Wright in February 2026. Leonardo Fernandez Viloria/Reuters.
Hormuz limbo is now global oil’s top risk
Lost supply and a projected demand rebound have placed the oil market in a fragile equilibrium.

Peter Hermes Furian/Shutterstock; Stringer/Reuters
China is keeping oil markets balanced
Oil market dynamics were mostly influenced by supplies. The Iran war is testing whether demand-side management is also possible.

Joyce Zhou/File Photo/Reuters
China’s Iran calculus extends beyond Hormuz
Beijing has different interests to the US in the Iran war, which may preclude any breakthrough during Trump’s visit.

Evan Vucci/Reuters




