The Five-Year Fuel Crisis Why The World Economy Is Paying For A War It Thinks Is Ending

Three Maritime Incidents Reported In Strait Of Hormuz Energy Chokepoint Update (1045ET): The United Kingdom Maritime Trade Operations reports three maritime incidents in or around the Strait of Hormuz involving commercial vessels. First Incident Second Incident Third Incident Reuters wrote on X, "Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation."  Tanker owners, oil majors and trading houses suspended oil, fuel and LNG shipments through the Strait of Hormuz after Tehran said it had closed navigation, raising fears of a...

US Secretary of War Pete Hegseth on Thursday started a press briefing by threatening that the US was “locked and loaded” and ready to destroy Iran’s energy infrastructure if the US-Israeli war against Iran restarts. “We are locked and loaded on your critical dual-use infrastructure, on your remaining power generation, and on your energy industry,” […]

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...