California is escalating its legal and political confrontation with the Trump administration over energy policy. As detailed in a recent OilPrice.com analysis, Governor Gavin Newsom’s administration and state officials are pushing back hard against federal actions favoring fossil fuels, including the reallocation of offshore wind funds, challenges to the California Coastal Commission, and the use […]
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Beijing has directed at least two major Chinese refineries to maintain or even increase processing rates to ensure adequate domestic supplies of gasoline, diesel, and other fuels. This comes amid renewed threats to crude shipments through the Persian Gulf tied to the ongoing Iran conflict, according to people familiar with the matter cited by Bloomberg […]
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Despite crude oil prices easing significantly after the sharp spikes tied to the 2026 Iran-related conflict and Strait of Hormuz disruptions, retail prices for gasoline, diesel, and jet fuel remain elevated or are rebounding. This is creating pain at the pump and for businesses, even as the broader “crude crisis” appears to be fading. As […]
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In the aftermath of the 2026 Iran-Hormuz crisis, which severely disrupted tanker traffic through the Strait of Hormuz and triggered the largest oil supply shock in decades, oil markets are shifting from acute supply fears to a more structural driver of price support: the urgent need to rebuild depleted inventories and strategic reserves worldwide. A […]
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Russia’s domestic fuel shortage has escalated dramatically in July 2026, moving beyond diesel queues at gas stations to kerosene shortages, grounded or limited flights, and export bans on key refined products. Ukrainian drone strikes on refineries and the shadow fleet tankers are removing substantial refined product supply from both domestic and global markets. This is […]
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The fragile truce between the United States and Iran is unraveling. Renewed attacks on commercial shipping in the Strait of Hormuz, fresh U.S. strikes on Iranian targets, satellite evidence of Iran rebuilding damaged nuclear sites, and mixed signals from Washington and Tehran have once again put global energy markets on edge. The central question for […]
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Ukraine’s Unmanned Systems Forces have intensified their campaign against Russia’s “shadow fleet” of tankers, claiming strikes on approximately 15 additional vessels in a recent operation focused on the Sea of Azov. This follows a multi-day drone offensive from July 6–9, 2026, that reportedly hit 35–36 ships total (with later updates to 36 vessels, including 32 […]
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This was a fun joint podcast and will go out on both channels! In an era of unprecedented geopolitical tension and energy market volatility, Stu Turley of the Energy Newsbeat podcast sits down with Trisha Curtis, CEO of the Petro Nerds podcast, to dissect the forces reshaping global energy markets and international power dynamics. From […]
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Energy markets are flashing warning signs as U.S. petroleum product exports remain near record highs while domestic inventories tighten amid escalating geopolitical risks in the Middle East. Veteran energy analyst Anas Alhajji (@anasalhajji) highlighted these concerns in his July 9, 2026, Daily Energy Report on X and Substack, posing a series of pointed questions that […]
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ENB Pub Note: This article was first run on America Outloud by Ronald Stein and Mike Ariza. We highly recommend reading and following them. California, the 4th-largest economy in the world, is increasing its dependence on transportation fuels produced from refined crude oil at foreign refineries, a trend that is becoming a national security risk […]
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