Another Nor'easter Brews In Atlantic, Putting Mid-Atlantic In Potential Crosshairs

"A Deal For The World": Russian Diesel Exports Double Under Trump's Waiver, And America Gets None Of It Five weeks after Trump announced that Putin would "immediately" supply diesel to the "American and Global Marketplace," we can now check the receipts.The global marketplace did fine. The American one got nothing.According to the FT, citing Kpler data, Russia shipped 271,000 barrels a day of diesel in October, double the 135,000 b/d it exported in September. The extra barrels went to Brazil, Turkey and elsewhere. Meanwhile, not a single cargo generated by...

Russia's Oil Revenue Sinks As Urals Falls To $59 Submitted by Julianne Geiger of OilPrice.com Russia collected 326.2 billion rubles, or about $3.76 billion, in net oil revenue in August, down 22% from a year earlier and the lowest monthly total since February. Russia’s tax authority calculated August oil revenues using a crude price of just over $59 per barrel. Urals, Russia’s main export grade, averaged almost $95 per barrel during the spring after the Iran war pushed buyers toward barrels outside the Persian Gulf. Total Russian oil and gas revenue fell 16%...

Iran-Linked Media Floats Data Tax On Hormuz Undersea Internet Cables An Islamic Revolutionary Guard Corps-linked media outlet has signaled that submarine fiber-optic cables running through the Strait of Hormuz remain in Tehran’s crosshairs. Tehran views Hormuz not only as an energy chokepoint but also as a digital chokepoint, with undersea cables beaming internet across the Gulf and into the global network. Source: Retuers  Tasnim published an article titled “Three Practical Steps for Generating Revenue from Strait of Hormuz Internet Cables,” pointing out that Tehran must reassess how it exercises sovereignty over the strategic...