In a significant sign of cautious normalization amid the ongoing U.S.-Israel-Iran conflict, two Very Large Crude Carriers (VLCCs) and at least two LNG tankers have successfully transited the Strait of Hormuz this week, with cargoes bound for key Asian buyers in China and India. The vessels operated in “dark mode” — transponders switched off to […]
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Global energy markets have enjoyed an uneasy calm in recent weeks despite the ongoing conflict in Iran and the closure of the Strait of Hormuz. Brent crude has traded in a relatively contained range around $95–110 per barrel rather than exploding past $150 as many initially feared. The reason? China has dramatically slashed its crude […]
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The global aluminum market is confronting what analysts describe as one of the largest base metals supply shocks in the post-2000 era. Missile strikes tied to the ongoing conflict in the Middle East have damaged key Gulf smelters, while the closure of the Strait of Hormuz has created severe logistical bottlenecks. The result: a sharp […]
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Russia is capitalizing on elevated global oil prices triggered by the ongoing Middle East conflict, pushing crude export volumes near 2026 highs while redirecting flows to key Asian buyers—most notably India. According to tanker-tracking data compiled by Bloomberg, Russia’s four-week average crude shipments reached 3.66 million barrels per day (bpd) in the period ending May […]
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Europe is staring down a structural gas deficit heading into the critical summer refill season. Storage levels sit near historic lows, Russian pipeline flows have all but vanished, and Middle East LNG supply disruptions (triggered by the ongoing Strait of Hormuz constraints since late February) have forced buyers to scramble for every available cargo—primarily from […]
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The world is once again staring down the barrel of an energy crisis. With the Strait of Hormuz effectively closed amid escalating tensions from the Iran conflict, global markets are in panic mode over potential disruptions to oil and liquefied natural gas (LNG) supplies. Prices are spiking, supply chains are under threat, and governments are […]
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Wasif Latif, Co-Founder, President & Chief Investment Officer, Sarmaya Partners, stopped by the Energy News Beat Podcast again. This time, we covered current events in the Strait of Hormuz and the impact of the war in Iran. It does not look like they will be going away quietly into the night, and they will want […]
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Northern Oil and Gas, Inc. (NYSE: NOG) has taken a significant step into Canada with its first international acquisition. The company announced on May 26, 2026, that it has agreed to acquire a 25% undivided non-operated interest in light-oil producing properties and substantial undeveloped acreage in Alberta’s Duvernay Shale from Parallax Energy Operating Inc. This […]
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Stu Turley here from the Energy News Beat Podcast. For years on this show, we’ve been hammering home a core truth: energy policy is destiny. Affordable, reliable, abundant energy drives manufacturing, jobs, investment, and GDP growth. Ideological Net Zero pursuits that ignore reality — spiking costs, killing baseload power, and forcing deindustrialization — deliver the […]
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In a recent appearance on Squawk Box Asia, veteran commodities strategist Jeff Currie (Co-Chairman of Abaxx Markets) delivered a stark warning that resonates deeply with current market dynamics. He described an emerging “rare earth moment” — a qualitative shift where markets have been neglecting the physical world (“atoms”) in favor of financial narratives and tech […]
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