Off-Ramp In Progress? Israeli Media Signals 'Completion Phase' Of Iran War

IEA Head Warns Iran War Sparked Energy Crisis Worse Than 1970s Oil Shocks, Ukraine Fallout The head of the International Energy Agency intensified his apocalyptic warning about the global energy crisis, stating early Monday that the US-Israel war with Iran has sparked a shock far greater than the twin oil crises of the 1970s and the turmoil from the war in Ukraine combined. US-Israeli Operation Epic Fury has entered its fourth week, and emerging from the fog of war is the understanding that 44 energy assets across the Gulf region have...

Qatar Dethroned As 'LNG King' As U.S. Seizes Throne, Reshaping Future Of Gas Submitted by Criterion Research President, James Bevan,  The geopolitical calculus underpinning global LNG supply through the early 2030s has shifted materially. Iranian drone strikes on Qatari LNG trains, delays to key expansion projects, and the indefinite closure of the Strait of Hormuz have created a compounding threat to Qatar's LNG position that goes well beyond a construction delay. What had been framed as a two-horse race for global LNG market share now looks considerably more one-sided. The beneficiary is clear: U.S. Gulf...

Iranian and Omani officials met to discuss shipping through the Strait of Hormuz. After the US and Israel attacked Iran, Tehran shut down the vital waterway to most tankers.  A statement from the Omani Foreign Minister following the talks said both sides put forward proposals, but did not indicate that an agreement was reached to […]