US dependence on Middle East oil
Analysis based on 6 articles · First reported Aug 12, 2026 · Last updated Aug 22, 2026
The column reflects ongoing concerns about oil supply security and geopolitical tensions in the Strait of Hormuz, which could influence oil prices. However, as an opinion piece, its direct market impact is limited, though it may contribute to sentiment regarding energy independence and Middle East policy.
A conservative opinion column by Cal Thomas discusses the United States' continued dependence on Middle East oil, particularly from Iran and Saudi Arabia, and the strategic implications of Iran's control over the Strait of Hormuz. The column references a Wall Street Journal headline stating that Gulf states are resigned to Iran's control of the strait. It criticizes the lack of new refineries capable of processing heavier Middle Eastern crude, attributing this to environmental regulations and the shift toward renewable energy. The column also mentions President Donald Trump's urging of UK Prime Minister Andy Burnham to tap North Sea oil reserves, and warns that if the US stops attacking Iran due to lack of funds, Iran may resume its nuclear weapons program. The piece is an opinion editorial and does not report a specific new event.
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