Russia’s oil export machine, a cornerstone of its economy amid ongoing sanctions and geopolitical tensions, is showing signs of strain. Weekly crude exports plummeted to an average of 3.18 million barrels per day (bpd) in […]
In a potential thaw in U.S.-Russia energy relations amid ongoing geopolitical tensions, secret talks are underway that could see ExxonMobil reclaim a stake in Russia’s lucrative Sakhalin-1 oil project. This development, whispered about in diplomatic […]
ENB Pub Note: This article is from Andrew Korybko’s Newsletter on Substack. Andrew confirms several of my articles and brings up some great additional points. “The EU would plunge into full-blown recession if it complied” […]
As the United States under President Donald Trump ramps up pressure on allies to sever Europe’s lingering ties to Russian energy, the European Union finds itself caught in a geopolitical vise. Trump’s administration has signaled […]
ENB Pub Note: We have recommended against trying to take a hammer to get Putin to the table. It takes two to negotiate, and it appears that Zelensky, the UK, and the EU are willing […]
The looming US port fee regime aimed squarely at Chinese-linked tonnage could saddle COSCO and its Hong Kong-listed subsidiary OOCL with a combined bill of more than $2.1bn in 2026, according to fresh calculations from […]
ENB Pub Note: This article from Oilprice.com is an excellent follow-up to my stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped, and Russia Wins in China with […]
German owner TB Marine and Sweden’s Ektank have signed up for 22,000 dwt methanol-ready chemical carriers to join the IceChem Tankers pool. The Danish pool operator said four ships have been contracted, with the first […]
In a significant move to curb Iran’s illicit oil revenues, the U.S. Treasury Department has imposed sanctions on a shipping network accused of smuggling Iranian crude oil by disguising it as Iraqi crude. The network, […]
So goes Germany’s economy, so goes the EU. Germany’s GDP contracted 0.2% in 2024, marking back-to-back recessions, with forecasts for zero growth in 2025 due to persistent structural issues and trade tensions. There is a […]
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