May 27, 2026
Managed Scarcity: Governments, Stockpiles, and Defence Spending
Rachel Ziemba, Adjunct Senior Fellow in the CNAS Energy, Economics, & Security Program, outlines how the Strait of Hormuz closure has triggered shocks across energy and mining supply chains. Diesel and jet fuel shortages are hitting transport and industry, while sulphur disruptions ripple into metals processing. Governments are scrambling with bilaterial deals, stockpile drawdowns, and reserve releases, creating a period of “managed scarcity”.
Listen to the full interview on Mining Insiders.
More from CNAS
-
Europe’s Looming Trade War with China, with Tobias Gehrke
Podcast
Emily and Geoff sit down with Tobias Gehrke to talk about why Europe is facing a looming trade war with China and how prepared (or not) it is to handle trade wars on multiple ...
By Emily Kilcrease & Geoffrey Gertz
-
Video
Middle East Security / Energy, Economics & Security
Trump Requests Edits to Iran DealPresident Donald Trump said he’s making a “final determination” on a preliminary deal to extend a ceasefire with Iran although mixed messages from both sides over when an agre...
By Chris Kennedy
-
Daily Energy Markets - June 1st
Podcast
Have markets become too optimistic about a US-Iran breakthrough? Rachel Ziemba, adjunct senior fellow at the Center for a New American Security, joined Daily Energy Markets to...
By Rachel Ziemba
-
Invested Allies
Reports
The United States is seeking to strengthen its domestic capabilities and supply chain resilience in a number of sectors critical for its economic security, including semicondu...
By Geoffrey Gertz & Eleanor Hume
