Amid escalating tensions in the Middle East, a fundamental question is taking shape: is liquefied natural gas (LNG) redefining the geopolitics of energy—and even beginning to rival oil as the central pillar of global energy power? For decades, oil has been the backbone of geopolitical competition, conflict, and alliance-building in the region. Yet recent developments—from regional wars to the reconfiguration of global supply chains—suggest that LNG is rapidly emerging as a decisive variable in the balance of power. From oil chokepoints to gas flexibility One of the most significant structural differences between oil and LNG lies in geographical flexibility. While oil remains highly dependent on chokepoints such as the Strait of Hormuz, LNG can be rerouted through a diverse network […]
This article was sourced from Middle East Monitor.
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