In a strategic move amid escalating geopolitical tensions, Saudi Arabia is ramping up efforts to bypass the disrupted Strait of Hormuz by utilizing its East-West Pipeline, also known as Petroline. This backup infrastructure allows the kingdom to redirect crude oil from its eastern fields to the Red Sea port of Yanbu, avoiding the chokepoint that\’s […]
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In the midst of escalating geopolitical tensions in the Middle East, Saudi Arabia\’s long-term investments in pipeline infrastructure are proving to be a critical lifeline for global energy markets. With the Strait of Hormuz effectively shut down due to the ongoing conflict with Iran, the Kingdom\’s East-West Pipeline—often referred to as Petroline—has emerged as a […]
Continue ReadingENB Pub Note: This is an outstanding article from Giacomo Prandelli\’s Substack \”The Merchants News\”. He has been on the Energy News Beat Podcast, and we are looking to have him on again. He is a great author, and we recommend subscribing to his Substack. Lloyds of London appears to be the holdup now, and […]
Continue ReadingMarch 4, 2026 – The Persian Gulf, long a linchpin of global energy security, is now a frontline in an escalating conflict. In the wake of U.S. and Israeli airstrikes on Iranian targets late last month, Iran has launched a series of retaliatory drone and missile attacks on key energy infrastructure across the Gulf states. […]
Continue Reading\”Energy Security Starts at home, and Energy Dominance comes through your exports, But your energy dependence is defined by who you import from\”. – Stu Turley. The European Union is once again grappling with an escalating energy crisis in early 2026, driven by geopolitical tensions that have disrupted key supply routes. With Ukraine halting Russian […]
Continue ReadingBy 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 […]
Continue ReadingIn a development that could breathe new life into long-dormant Canadian pipeline assets, South Bow Corp. is actively evaluating an expansion of its system that may effectively revive key segments of the canceled Keystone XL project. The catalyst? A major new U.S. pipeline proposal filed last month by Bridger Pipeline LLC that lines up almost […]
Continue ReadingIn a dramatic escalation of the energy war tied to the Russia-Ukraine conflict, Ukrainian drones struck a critical Russian pumping station feeding the Druzhba oil pipeline on the night of February 22-23, 2026. The attack on the Kaleykino facility in Tatarstan — more than 1,200 km (750 miles) inside Russia — has further disrupted supplies […]
Continue ReadingThe oil market in early 2026 has been anything but predictable. What was expected to be a year of oversupply and sluggish prices has instead delivered a surge in volatility, driven by geopolitical flare-ups and unexpected supply disruptions. At the center of this storm is Iran, where escalating tensions with the United States have prompted […]
Continue ReadingThe European Commission confirmed it is in contact with Ukraine over repairs to the Druzhba pipeline, while assuring no immediate supply risks for Hungary and Slovakia. Slovakia accused Ukraine of delaying oil flows for political leverage, as Hungary sought to import Russian crude via Croatia’s Adria pipeline. A Bulgarian think tank argued that Hungary no […]
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