Insight and inspiration in turbulent times.
Sharyn Alfonsi looks at reports that oil companies that claim to have growing reserves have not been able to match reserves with production. The companies may have been overstating supplies.
A two minute news item.
Click ‘Got Oil?’ here:
www.cbsnews.com/sections/i_video/videos500251.shtml
Oil price manipulation is taking many forms after the closure of one of the world’s major choke points for oil transport sent oil prices higher.
March 15, 2026
Hence, the severe restrictions in the flow of oil though the Strait of Hormuz, resulting from the recent US-Iranian attacks, may be seen as a stark rehearsal for the consequences of a severe shock in the global oil supply, as might be experienced from a “peak oil” crisis, with volatile price spikes and supply chain disruptions.
March 13, 2026
This is the paradox both Saudi Arabia and the UAE are now navigating. The grey war they are waging — economically, culturally, through regional proxies — is a race to secure the post-oil future before the other does.
March 12, 2026
