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Venezuela's Oil Revival Faces "Decade Or Two" Climb Back To Record Output, Piper Sandler Warns
Venezuela's Oil Revival Faces "Decade Or Two" Climb Back To Record Output, Piper Sandler Warns
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.
Piper Sandler global energy strategist Jan Stuart's view, however, highlights the time required for these new Venezuelan supplies to ramp up: any meaningful recovery in Venezuelan output...
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Jul 20, 2026 / Dave DeCamp
Yemeni Forces Announce Maritime Blockade on Saudi Arabia
Yemen’s Houthis, officially known as Ansar Allah, announced on Monday that its forces were imposing a maritime blockade on Saudi Arabia, a move that came a week after the Saudis bombed the Sanaa International Airport in Yemen. Ansar Allah military spokesman Yahya Saree said the blockade was a response to the long-standing Saudi blockade on […]
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Jul 31, 2026 / Tyler Durden
Iran Claims Kuwait Airbase Attack, Strikes Pair Of Tankers In Hormuz, Despite No New US Operations Overnight
Iran Claims Kuwait Airbase Attack, Strikes Pair Of Tankers In Hormuz, Despite No New US Operations Overnight
"We note with concern that the security situation remains precarious," said Pakistani Foreign Ministry spokesperson Tahir Andrabi on his country's mediation efforts to find peace between the US and Iran. Talks "are ongoing to normalize the situation, particularly the situation in the Strait of Hormuz," he told reporters as a week full of renewed fighting as come to a close. But there essentially are no current talks, and US officials have indicated they...
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May 19, 2026 / Tyler Durden
Nickel Jumps As Indonesian Output Cut Stokes Supply Fears
Nickel Jumps As Indonesian Output Cut Stokes Supply Fears
Nickel prices on the London Metal Exchange surged as much as 2.6% to $19,050 a ton after Shanghai Metals Market said upwards of 15% of high-grade nickel pig iron capacity at Indonesia's Weda Bay Industrial Park will undergo rotational maintenance in the coming months, according to Bloomberg.
Indonesia's Weda Bay Industrial Park is one of the most important nickel-processing hubs in the world and serves a large cluster of smelters that produce nickel pig iron, a key input for stainless steel...
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