These Seven Allies Concocted A ‘Hormuz Coalition’ Statement To Placate Trump, Which Failed

President Donald Trump threatened a “very bad” future for NATO if its members do not provide the US with support in the war with Iran.  “It’s only appropriate that people who are the beneficiaries of the Strait [of Hormuz] will help to make sure that nothing bad happens there,” Trump told The Financial Times on […]

World's Largest Refiner Says China's Oil Demand "Very Likely Peaked Last Year" One of the most understated stories of 2026, and the reason why oil (and gas) aren't trading at persistently nosebleed levels (ignore diesel for the time being), has been China's unexpectedly weak oil demand. And while there has been much speculation surrounding the reason for this chronically weak oil demand, ranging from an accelerated - and offsetting - SPR drain, to a dramatic economic slowdown behind the scenes (or even in front of the scenes based on the...