Author: Ben Eccarius

  • What would $200 oil mean for Britain?

    Approximately 20% of global oil supply — around 17 million barrels per day — transits the Strait of Hormuz. With the ongoing US–Iran conflict and the closure of the strait, we look into the unlikely scenario of $200 oil. For the UK, the stakes are significant. Britain is a net oil importer in value terms…

  • How Resilient Is the U.S. Economy to Maritime Chokepoint Disruption?

    View full paper here The Strategic Importance of Maritime Chokepoints Over 80% of global goods by volume move by sea, much of it through a few narrow chokepoints. Recent years have highlighted this vulnerability, most notably through the 2021 Suez Canal blockage and Houthi attacks in the Red Sea. For the United States, the Panama…