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Thina Saltvedt

Syria and Iraq plan oil pipeline to the Mediterranean as Hormuz tensions rise

Syria and Iraq plan oil pipeline to the Mediterranean as Hormuz tensions rise

Mon 10 Aug 2026 12:27 CEST

The Iran war and the crisis around the Strait of Hormuz have shaken global oil markets. Now Syria hopes to open an oil pipeline from Iraq to the Mediterranean and thereby establish itself as a player in the energy market

Oil crisis expert says it will get worse before it gets better

Oil crisis expert says it will get worse before it gets better

Sat 25 Apr 2026 11:59 CEST

The effects of the Iran war will get worse before they turn around, believes Nordea's oil expert and chief analyst Thina Saltvedt. Even if, contrary to expectations, there were a quick peace settlement, that is when a blockade of the Strait of Hormuz would begin to be felt

The oil pipelines that circle the strait - Everything helps

The oil pipelines that circle the strait - Everything helps

Mon 9 Mar 2026 18:29 CET

Oil supplies are stagnating in the Gulf states, and prices are skyrocketing after the sea route was effectively closed to tankers. A 1,200-mile pipeline across the Arabian Desert offers an outlet, but even that route is fraught with uncertainty and danger

Venezuela's problem oil - thick, expensive and dirty

Venezuela's problem oil - thick, expensive and dirty

Wed 14 Jan 2026 08:47 CET

Venezuela's oil production facilities are old and worn out. In addition, the oil is thick, expensive - and among the dirtiest in the world