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Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Saudis Cancel September Crude Cargoes To Europe As East-West Pipeline Shutdown Deepens Energy Crisis
Summary:
Saudis Cancel September-Loading Crude Cargoes to Europe
Europeans are paying between $9-$11 per gallon for diesel amid Global Refining Crisis
Saudi Oil Routes Narrow: Kingdom Eyes Hormuz Export Surge After Pipeline Attack
Saudis Cancel September-Loading Crude Cargoes to Europe
"Refining is super short. Between Europe's woes, Russias war on Ukraine and a drop in refined products from the Arabian Gulf its really bad. As many of my amazing followers showed yesterday… Europeans are paying between $9-$11 per gallon for diesel," CNBC's...
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Sep 21, 2026 / Tyler Durden
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President Trump's "Donroe Doctrine" positions energy security in the West as a key pillar of US national security.
The removal of socialist Nicolás Maduro and the subsequent massive Venezuelan oil deal represent the opening act in a longer-term effort to rebuild production and secure supplies closer to the Gulf of America.
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The BoJ And The Fed Just Made Gold Obvious
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Authored by Matthew Piepenburg via VonGreyerz.gold,
Between the market’s reaction to Warsh’s recent no-rate-hike announcement and the current disaster unfolding with the Japanese yen, the set-up for near-term “Uh-Oh” in stocks and bonds in general–and the longer-term wisdom in precious metals in particular– couldn’t be more obvious.
Stick to the Essential
Antoine de St. Exupery famously (and wisely) wrote that the “essential is invisible.”
In philosophical matters pertaining to the art of living, this phrase has great depth.
But in matters pertaining to market risk and...
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