Escobar: The Long And Winding Petro-Gold Road

First Loaded Crude Supertanker Clears Hormuz Without Using Larak Channel Summary:  Idemitsu Maru did not use Larak Channel Loaded Idemitsu Maru crude supertanker exited Hormuz this afternoon, marking the first such crude transit since the conflict began. Loaded Mubaraz LNG tanker exited Hormuz earlier this month, also marking the first such LNG transit since the conflict began. Polymarket  First Crude Supertanker Exits Hormuz Following the Mubaraz LNG tanker's exit from the Hormuz chokepoint in recent weeks, the first such transit since the conflict began, new ship-tracking data from Bloomberg late Tuesday afternoon show that the first...

Prime Minister Robert Fico said that if Kiev does not allow Russian oil to flow to Slovakia by Monday, Bratislava will halt energy transfers to Ukraine. “IF THE UKRAINIAN PRESIDENT DOES NOT RESUME OIL SUPPLIES TO SLOVAKIA ON MONDAY, ON THAT SAME DAY I WILL ASK THE RELEVANT SLOVAK COMPANIES TO STOP EMERGENCY ELECTRICITY SUPPLIES […]

Iran Scrambling To Restore Bombed Missile Bunkers Within Hours After Being Struck Iran's resilience after more than a month of very heavy US-Israeli bombing has become obvious. The country's somewhat ancient air force and navy have been largely obliterated, and yet all the while the Iranian military has kept up intense ballistic missile and drone strikes on Israel and Gulf states. Tehran's missile arsenal is what is understood to have always been formidable. And now US intelligence has freshly assessed that Iranian personnel are busy excavating bombed underground missile bunkers and...