Kameleddine B. Benameur

The Asset Specificity Trap: Refinery Complexity and Strategic Adaptation in Asia During the 2026 Gulf Energy Crisis

The 2026 disruption of oil and gas flows through the Strait of Hormuz exposed a strategic vulnerability that is often obscured by conventional measures of energy security: access to replacement barrels does not necessarily imply that downstream assets can process them efficiently. This study examines how refinery confi...