EU and California Struggle to Deal with Price Fallout from the Iran Conflict

In the wake of escalating tensions in the Middle East, triggered by the U.S.-led military operation against Iran under President Trump, global energy markets are reeling from sharp price increases. European governments are scrambling to mitigate the inflationary pressures on energy and food, with measures like price caps and restrictions on fuel price fluctuations. The […]

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Greek-Operated Oil Tanker Defied Iranian Threats and Crossed the Strait of Hormuz with 1 Million Barrels of Oil from Saudi Arabia

In a bold move amid escalating tensions in the Middle East, the Greek-operated oil tanker Shenlong successfully navigated the treacherous Strait of Hormuz, carrying approximately 1 million barrels of Saudi Arabian crude oil. This crossing, which occurred in recent days, marks one of the first major transits by a large commercial vessel since Iran issued […]

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Why US Oil and Gas Exploration Companies Make the US Insulated from Energy Volatility

In an era of geopolitical tensions, fluctuating global demand, and supply disruptions, the United States has emerged as a beacon of energy stability. This resilience stems largely from the robust domestic oil and gas sector, particularly exploration and production (E&P) companies. Over the past decade, these firms—along with oilfield service providers—have demonstrated disciplined capital management, […]

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Russia Following the Money: Shifting Gas and Oil Sales to Asia

In the wake of escalating geopolitical tensions and a rapidly evolving global energy landscape, Russia is decisively pivoting its gas and oil exports eastward. This strategic shift, driven by lucrative opportunities in Asia amid disruptions from the ongoing Iran conflict, is reshaping international energy dynamics. As Deputy Prime Minister Alexander Novak recently confirmed, negotiations are […]

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The Price for Oil May Go Up If the Bypass Pipelines Are Hit, and If Ship Insurance Is Not Approved

By Stuart Turley, Energy News Beat Channel As tensions in the Middle East escalate into full-blown conflict, the global energy market is on high alert. The U.S.-Israeli strikes on Iran, dubbed Operation Epic Fury, began on February 28, 2026, targeting Iranian leadership and infrastructure. In retaliation, Iran has effectively weaponized the Strait of Hormuz, the […]

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Starmer to Trump: \”You Have No Plan.\” Trump Replies: \”Have You Been Following Venezuela\’s Story?\”

In a heated exchange during a recent G7 summit video call, UK Prime Minister Keir Starmer challenged U.S. President Donald Trump on his approach to Middle East policy, particularly regarding Iran\’s nuclear ambitions and regional influence. Starmer, echoing concerns from European allies, accused Trump of lacking a coherent strategy: \”You have no plan beyond bluster […]

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