Will This Atlantic Hit Piece Be The Final Straw?

China Condemns US Starting 'Vicious Cycle' Of 'Chaos' In Attacking Iran Chinese Special Envoy to the Middle East Zhai Jun has said at a briefing after his ​shuttle-diplomacy trip that included recent stops in Saudi Arabia, the United Arab Emirates and Kuwait that the US-Israeli operation against Iran must immediately cease or else a "vicious cycle" toward destabilizing the region and disrupt global trade would persist. "Should hostilities continue to escalate and the situation deteriorate further, the entire region will be plunged into chaos. The use of force will only lead to a...

European Gas Storage Can't Survive 3 More Months Of Hormuz Authored by Alex Kimani via OilPrice.com, Europe risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with inventories still far below normal seasonal levels. LNG supply disruptions, strong Asian demand, and distorted gas pricing have made refilling storage unusually difficult and expensive across the EU. Equinor warns prolonged disruptions could push Dutch TTF gas prices toward €90/MWh, forcing industrial demand destruction and fuel switching across Europe. Europe could face a critical shortfall in natural gas...