In a bold escalation of U.S. policy toward Venezuela, President Donald Trump has ordered a “total and complete blockade” of all sanctioned oil tankers entering or leaving the country. The announcement, made via Truth Social, […]
ENB Pub Note: This is a fantastic article from the Merchant’s News Substack by Giacomo Prandelli. We highly recommend subscribing to and reading his Substack. Stu Turley just had an interview with Giacomo, and the […]
In a stark warning that underscores the growing tension between global energy giants and European regulators, ExxonMobil’s CEO Darren Woods has labeled the EU’s Corporate Sustainability Due Diligence Directive (CSDDD) as “the worst piece of […]
In a move that underscores the ongoing ripple effects of Western sanctions on Russia’s energy sector, at least one independent Chinese refiner—commonly known as a “teapot”—has snapped up Russian ESPO crude at a significant discount. […]
Or is this about the Monroe Doctrine? 1. The Trump administration’s actions against Venezuela, including the capture of a “dark fleet” oil tanker. We discuss whether this is more about oil or a show of […]
In a world increasingly focused on energy transitions and geopolitical tensions, recent projections paint a picture of sustained growth in global oil demand. According to a report from the CNPC Economics and Technology Research Institute, […]
Venezuela, home to the world’s largest proven oil reserves, has long been a pivotal player in global energy dynamics. However, years of political turmoil, economic mismanagement, and stringent U.S. sanctions have crippled its oil industry, […]
In a series of bold operations, Ukrainian forces have intensified their drone campaigns against Russian energy assets, underscoring the ongoing geopolitical tensions’ profound impact on global oil markets. The latest strikes, including a significant hit […]
The European Union’s decision to indefinitely freeze approximately €210 billion ($246 billion) in Russian central bank assets, announced on December 12, 2025, marks a significant escalation in the bloc’s response to Russia’s ongoing war in […]
In a bold display of defiance against US sanctions, two shadowy supertankers—operating under the pseudonyms “Crag” and “Galaxy 3″—have docked at Venezuela’s Jose port to load nearly 4 million barrels of Merey 16 crude oil […]
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