Pakistan, April 25 -- The global energy system is not experiencing a cyclical disturbance; it is undergoing a structural rupture. The conflict involving Iran has not merely disrupted supply chains, it has exposed and accelerated deeper vulnerabilities embedded in the architecture of global energy markets. For decades, the world operated on a foundational assumption: that energy would remain abundant, affordable, and geopolitically manageable. That assumption is now collapsing. What is emerging in its place is a new regime defined by structurally higher prices, persistent volatility, and a permanent geopolitical risk premium. This is not an energy shock in the traditional sense; it is the end of energy as a purely economic commodity and it...