HeyJaredJavier Blas
- Indexed articles, last 90 days
- 4
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- Sep 28, 2026
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- Jul 30, 2026
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Commentary: Japan could redraw the global oil map (opens the original)
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Tokyo isn’t waiting for the end of the war to reassess its supply sources, says Javier Blas for Bloomberg Opinion. LONDON: Among the world’s top fuel-consuming nations, Japan is the most energy insecure. Its import-dependency ratios are scary: It buys overseas 99.9 per cent of the oil it needs; 99.7 per cent of the coal; and 97.8 per cent of the natural gas. So Tokyo springs into action after every major energy shock to reassess its supply sources, making it a bellwether of global trends. The di
Commentary: For the oil market, the Strait of Hormuz isn’t closed (opens the original)
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The Iran war has triggered what many say is the largest oil-supply shock in history but the market has defied expectations of high prices, says Bloomberg Opinion's Javier Blas. LONDON: "In price, is knowledge," is an old market saying. So what is the oil price telling us? At less than US$90 a barrel, it isn’t screaming shortage. How so amid the Iran war? The release of strategic reserves is helping, as are bypass pipelines around the Strait of Hormuz. China has slashed its oil imports, freeing b
Commentary: The global oil cushion isn’t really hitting ‘tank bottoms’ (opens the original)
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As with every financial narrative, the story of the impending oil crisis contains a grain of truth - and ample hogwash, says Javier Blas for Bloomberg Opinion. LONDON: The energy industry’s latest panic is that it’s about to hit “tank bottoms” - the minimum amount of crude in storage required to keep the conveyor belt that goes from oilfields to refineries humming. As with every financial narrative, the story of the impending oil crisis contains a grain of truth - and ample hogwash. Undeniably,
Commentary: Another critical oil waterway is about to close (opens the original)
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The US-Iran war has reminded the world that waterways are vulnerable to war, but there's another crisis in the making, says Javier Blas for Bloomberg Opinion. LONDON: With apologies to Oscar Wilde, to lose one critical waterway may be regarded as misfortune; to lose two looks like carelessness. Of course, we’re long past carelessness and are now barreling toward disaster, with three already lost (the Strait of Hormuz, the Black Sea ports and the Red Sea’s Bab el-Mandeb) and a fourth poised to jo
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