Category: ENB Publisher Picks

So Iran Closes the Strait of Hormuz, Let’s See What Bessent’s Economic Isolation of Iran Could Look Like

Clark Savage682

As the Iran-U.S. conflict grinds toward the six-month mark in mid-August 2026, Tehran continues to assert control over the Strait of Hormuz—the critical chokepoint through which roughly one-fifth of global oil and LNG once flowed—while the United States maintains a naval blockade on Iranian ports and escalates economic pressure. Treasury Secretary Scott Bessent has signaled […]

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California’s green dreams are turning into a dark nightmare for residents.- And how Does Texas Compare?

Clark Savage850

California’s aggressive pursuit of Net Zero and 100% clean electricity has produced record solar milestones, massive battery buildouts, and political talking points about climate leadership. It has also delivered some of the nation’s highest electricity prices, chronic reliability problems, heavy reliance on out-of-state imports, and a grid vulnerable to regional shortfalls and global energy shocks. […]

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EIA Sees Massive Build in US Crude Inventories

Clark Savage981

The U.S. Energy Information Administration (EIA) reported a surprise and historically large build in commercial crude oil inventories for the week ending August 7, 2026. Commercial stocks (excluding the Strategic Petroleum Reserve) rose by 17.4 million barrels to 424.4 million barrels—the largest weekly increase since January 2023 and well above analyst expectations of a draw […]

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The Hormuz Crisis Has Permanently Changed the Economics and Importance of Energy Security

Clark Savage415

The 2026 Strait of Hormuz crisis—sparked by U.S.-Israeli operations against Iran beginning in late February and marked by Iranian attacks on shipping, assertions of control, U.S. naval responses and blockades, and sharply reduced tanker traffic—has delivered the largest oil supply disruption on record. At its peak, the effective closure or severe constriction of the waterway, […]

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