Europe’s natural gas market is once again on the brink of turmoil as traders place aggressive bets that benchmark prices could more than double ahead of the 2026/2027 winter. Options contracts for the October–March delivery period have traded as high as €100 per megawatt-hour (MWh), compared to the current front-month TTF price hovering around €45/MWh. […]
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QatarEnergy has formally extended its force majeure declaration on liquefied natural gas (LNG) supplies through mid-June, according to Bloomberg. Customers received the latest notice as the Strait of Hormuz remains almost entirely closed to tanker traffic following Iranian missile strikes on the Ras Laffan Industrial City in March. This isn’t a surprise—it’s a continuation of […]
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Irina Slav did a great job today leading the discussion, and it was interesting with the great comments from the live audience. Irina had a great point about the new Ford’s ability to shut down or allow you to use your own car due to heightened stress. This is not good, and I will not […]
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The 2026 Iran war has triggered what the International Energy Agency (IEA) calls the “largest supply disruption in the history of the global oil market.” Iran’s effective closure of the Strait of Hormuz—through which roughly 20% of the world’s oil and significant LNG volumes flow—has upended global energy supplies. Over 50 countries have implemented emergency […]
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The European Union’s energy policymakers have spent years touting their “REPowerEU” strategy as a masterstroke of independence from Russian fossil fuels. Yet in March 2026—mere weeks after the EU began rolling out its formal ban on short-term Russian LNG purchases—the bloc imported more Russian liquefied natural gas than in any month on record. According to […]
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ENB Pub Note: This article was first run on America Outloud by Ronald Stein, and we recommend signing up for his newsletter and reading America Outloud. Executive Orders in the United States are moving the country away from electric vehicles (EVs) and wind and solar electricity systems. Executive Orders issued by President Trump on January 20, […]
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Ireland has taken another step toward deeper integration with its European neighbors’ electricity grids, signing memorandums of understanding (MoUs) with Spain and the UK to expand interconnection capacity. While officials frame these deals as advances in “energy security” and renewable integration, a closer look at the data reveals a different story: Ireland is doubling down […]
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As the Iran war enters its third month, the world is staring down the barrel of the largest oil supply disruption in history. The Strait of Hormuz—the chokepoint for roughly one-fifth of global petroleum trade—has been effectively closed to most non-Iranian shipping since early March 2026. Bloomberg’s latest analysis warns that the resulting “billion-barrel oil […]
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ENB Pub Note: This article ran on David Blackmon’s Substack, and we highly recommend subscribing. Even as U.S. gasoline prices rise again amid ongoing Strait of Hormuz tensions, American drivers are still paying less than half what Europeans and Asians endure at the pump. The reason is simple: America chose lower taxes and genuine energy […]
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As of April 23, 2026, the European Union finds itself in the throes of a deepening oil crisis, one that underscores the fragility of its post-Russia-sanctions energy strategy. Russia’s strategic redirection of Kazakh oil flows through the Druzhba pipeline—announced today by Deputy Prime Minister Alexander Novak—has pushed Germany and much of the EU into what […]
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