Why Might Trump Find it Hard to Reopen the Strait of Hormuz?
March 16 – U.S. President Donald Trump has demanded help from allies to reopen the Strait of Hormuz, which usually carries about a fifth of global energy supplies, but even if he…
Oil Prices Mixed Amid Attacks on Gulf Export Facilities
Summary US in talks with other countries to protect Strait of Hormuz Brent, WTI have surged more than 40% this month US hit military targets on Iran’s Kharg Island oil…
US Oil CEOs Warn Trump Administration that Energy Crisis Likely to Worsen, WSJ Reports
Chief executives of major U.S. oil companies warned official of U.S. President Donald Trump’s administration that the energy crisis triggered by the Iran war is likely to get worse, The…
Emergency Stockpile Oil Coming Soon to Iran-Wracked Markets, IEA Says
More than 400 million barrels of oil from International Energy Agency emergency reserves will begin flowing soon, the agency said in its most detailed account of the rollout of the…
Alaska LNG Needs More Offtake Commitments Before Final Investment Decision, CEO Says
Energy developer Glenfarne needs to secure offtake agreements for a further 3 million metric tons of liquefied natural gas before making a final investment decision on the $44 billion Alaska…
US Authorizes 13% Increase in Exports at Venture Global’s Plaquemines LNG Terminal
U.S. Secretary of Energy Chris Wright has authorized a 13% increase in exports at Venture Global’s Plaquemines liquefied natural gas terminal in Louisiana, the U.S. Department of Energy said on…
IRAN’S “CROWN JEWEL” – Kharg Island, Struck by US, is Key Hub for Iran Oil Exports
U.S. President Donald Trump on Friday Said on Friday that the United States carried out strikes against “every military target” on Iran’s Kharg Island export hub. “For reasons of decency,…
Trump Threatens More Strikes on Iran’s Kharg Island, Pushes Allies on Strait of Hormuz
U.S. President Donald Trump threatened further strikes on Iran’s Kharg Island oil export hub and urged allies to send warships to secure the Strait of Hormuz, as Tehran vowed to…
Crude Futures Turn Positive on Continued Hormuz Closure
Summary Reports of resolution, continued fighting move prices US measures aimed at easing supply tightness Disruption of trade through the strait continues (Reuters) – Crude futures climbed higher on Friday…
CHARTED: The Energy Mix of the World’s 10 Largest Economies – Visual Capitalist
By | Graphics/Design: Key Takeaways Oil is the largest energy source in six of the world’s 10 biggest economies, including the U.S., Germany, Japan, the UK, and Italy. Coal dominates…
