Insight from the ONS Network: Key U.S. Figures to Watch in Energy Policy
After the U.S. election and with much geopolitical uncertainty, ONS is honoured to be able to share critical insight from our network. This analysis is shared by RBC Capital Markets and Dr. Helima Croft, member of the ONS International Advisory Board.
With much uncertainty and many new actors in play, Dr. Helima Croft from RBC Capital Markets identifies Brian Hook as a figure to watch in the new U.S. political sphere. His approach to Iran sanctions could have significant implications for energy markets, supply stability, and global oil dynamics.
Key Points:
- Sanctions Strategy and Energy Markets: Brian Hook, anticipated to take on a senior role, is expected to reintroduce strict U.S. sanctions on Iranian oil. By enforcing secondary sanctions, Hook’s approach could force international buyers to limit imports from Iran, potentially removing up to 1 million barrels per day from the market.
- Supply Challenges and OPEC’s Role: With the prospect of constrained Iranian supply, global oil markets could see tightened inventories. OPEC members may face mounting pressure to fill any gaps, but they are likely to proceed with caution to avoid repeating past supply surges.
- Geopolitical Risks in Focus: Tensions with Iran, combined with potential Israeli responses, could destabilize the region and impact global energy security. This volatile landscape highlights the importance of platforms like ONS, where industry leaders can collaborate to address risks and shape future strategies.
With ONS 2026 on the horizon, the energy community will be closely watching these developments, as U.S. policy shifts may drive key decisions and market responses in the years ahead.
See the full analysis here: