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Mexican President, Andres Manuel Lopez Obrador
Mexico Politics
Vincent Lauerman
3 May 2024
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Mexico’s election could evolve oil nationalism

Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies

Andres Lopez Obrador has caused an earthquake in Mexican politics since winning the presidential election in June 2018. And despite his left-wing, populist social policies being much more successful than his nationalistic energy ones, his protege, Claudia Sheinbaum, and their political party, Morena, are well-placed to dominate the presidential, congressional and gubernatorial elections on 2 June. In an attempt to slow the Morena juggernaut, the three main political parties from Mexico’s past—the left-wing PRD, centrist PRI and right-wing PAN—are fielding a single presidential candidate, Xochitl Galvez. Nevertheless, Sheinbaum is ahead by 29 percentage points, at 61% support, based on the Bl

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Explainer: Fujairah on high alert
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
Middle East oil vulnerabilities have been exposed
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis

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