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Netherlands Pushes To Scrap EU Gas Storage Mandate After $1.14 Billion Bill
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...
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Apr 16, 2026 / Tyler Durden
Last US Convoy Exits Syria After Brutal 14-Year Regime Change Proxy War
Last US Convoy Exits Syria After Brutal 14-Year Regime Change Proxy War
Widespread reports on Thursday say the very last US military convoy has finally departed Syrian territory, with the years-long occupation of the primarily northeast oil and gas rich sector over in a 'mission accomplished' fashion.
It brings to a final close the 14-year long bloody proxy war which overthrew the Assad government and ultimately installed a pro-US/Saudi axis puppet, in the person of founding Syrian Al Qaeda Abu Mohammad al-Jolani, now known as President Ahmed al-Sharaa.
via Le Monde
Hundreds of thousand...
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Aug 6, 2026 / Tyler Durden
Change Of Plans?
Change Of Plans?
By Bas van Geffen, Senior Macro Strategist at Rabobank
Brent prices held steady just below the $80-level, as Iran said it reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz. That’s not the Iran-US deal that Trump had been eyeing, but this agreement raises the prospect of more energy flows resuming through the critical waterway.
However, Iran has also said that the deal does not work until the US stops blocking traffic. We are yet to hear when the US lifts its blockade...
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May 13, 2026 / Dave DeCamp
Netanyahu’s Office Says He Made a Secret Visit to the UAE During Bombing Campaign Against Iran
The office of Israeli Prime Minister Benjamin Netanyahu said on Wednesday that the Israeli leader made a secret visit to the United Arab Emirates during the US-Israeli bombing campaign against Iran. “In the midst of Operation Roaring Lion, Prime Minister Netanyahu secretly visited the United Arab Emirates, where he met with UAE President Sheikh Mohamed […]
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