Report: US-Owned Gas Storage Vessel in Egypt Hit by Drone

Netherlands Pushes To Scrap EU Gas Storage Mandate After $1.14 Billion Bill Authored by Tsvetana Paraskova via OilPrice.com, The Netherlands considers that the current EU system of gas storage targets ahead of winter is inadequate and burdens governments that have to pay for meeting the EU-wide obligations. The Dutch government has already spent almost $1.14 billion (1 billion euros) this summer season alone on building up inventories, while this task should fall mostly on the gas market participants, Climate Minister Stientje van Veldhoven said in a letter to Parliament cited by Bloomberg. The...

The US Treasury Department on Tuesday revoked Iran’s oil sanctions waivers granted under the US-Iran Memorandum of Understanding (MoU), as implementation of the agreement continues to falter. The move comes after at least three tankers were hit by drones in the Strait of Hormuz, and while Iran hasn’t taken credit for the attacks, they came […]

Will We See Western Capitals Fall? Authored by J.B. Shurk via American Thinker, Consider these recent news headlines: (1) "NYC Turns Back to Gas Buses After Finding Out the Hard Way That the Electric Versions Have Big Problems," (2) "As a Former Head of MI6 it's Clear That Britain's Climate Policy is Leaving Us Dangerously Exposed to Our Enemies," and (3) "Spain: 74% of sex-crime suspects are foreigners in Basque Country." They come from three different Western nations and involve three dissimilar subjects - public transportation, national security, and violent crime - yet...