OPINION: A key industry conference in Houston and a Saudi-Iran peace deal brokered by Beijing highlighted the shifting sands of the energy debate last week.

CERAWeek by S&P Global in Houston drew back the curtains on the debate about the transition to low-carbon energy.

The Ukraine war has put energy security and oil and gas investment back on the agenda.

Governments are on a knife’s edge over energy prices and put affordability at the top of their list of concerns when contemplating policies.