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QatarEnergy Declares ForceMajeure For LNG Shipments Through May, Representing As Many As 90 Cargoes
QatarEnergy Declares ForceMajeure For LNG Shipments Through May, Representing As Many As 90 Cargoes
The already dismal LNG supply situation just got worse.
With up to 20% of global LNG flows shuttered due to the ongoing blockade of the Hormuz Strait and the extensive damage of Qatar LNG infrastructure, QatarEnergy has declared force majeure on some of its long-term liquefied natural gas (LNG) supply contracts, including for customers in Italy, Belgium, South Korea and China, effectively canceling contractual obligations. That would represent as many as 90 cargoes according to Bloomberg.
The move on...
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Mar 3, 2026 / Tyler Durden
China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap Iranian Crude
China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap Iranian Crude
Chinese Foreign Ministry spokeswoman Mao Ning said at Tuesday's regular press briefing in Beijing that all parties in the Iran conflict must ensure the safe transit of commercial shipping through the critical maritime energy chokepoint of the Strait of Hormuz.
"China urges all parties to immediately cease military operations, avoid escalating tensions, and safeguard the safety of navigation in the Strait of Hormuz," spokeswoman Ning said.
We've briefed readers that China is heavily exposed to...
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May 8, 2026 / Tyler Durden
CIA Leak: Iran Can Survive Blockade Another 3 to 4 Months, Maybe Longer
CIA Leak: Iran Can Survive Blockade Another 3 to 4 Months, Maybe Longer
Belying the Trump administration's claims that a US blockade on Iran's use of the Strait of Hormuz has the country on the ropes and its oil infrastructure in near-term peril, a confidential CIA analysis says Iran can persevere another three or four months, if not longer. In a second stark contradiction of White House narratives, US intelligence assesses that the bulk of Iran's pre-war missile inventory is still intact. The substance of the CIA analysis was first reported...
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Apr 23, 2026 / Tyler Durden
Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right'
Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right'
Summary:
Trump Confirms possible U.S. Gov't takeover of Spirit
WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control.
WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks.
BBG reported earlier on a potential $500 million rescue loan for Spirit.
News of a possible rescue loan for Spirit emerged last week.
Polymarket:
US takes a stake in Spirit Airlines by May 31?
Yes 36% · No 64%View full market & trade...
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