QatarEnergy has paused its aggressive ramp-up plans at the Ras Laffan LNG complex following a recent tanker attack in the Strait of Hormuz, prioritizing security over speed. This decision delays the critical LNG supply that the market had been counting on for the upcoming winter season. According to market analyst Jack Prandelli (@jackprandelli), QatarEnergy had […]
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The fragile ceasefire and sanctions relief framework between the United States and Iran has collapsed. President Donald Trump’s blunt assessment at the NATO summit in Ankara, Turkey, on July 8, 2026, made that clear: the Memorandum of Understanding (MOU) is “over,” the ceasefire is finished, and he has no interest in further dealings with the […]
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ENB Pub Note: This article was originally published on LinkedIn by Kirk Edwards, and he will be on the Energy News Beat podcast soon. That old Texas oilfield saying may not be elegant, but it feels pretty accurate right now. The situation involving Iran appears to be getting worse by the day, and we do […]
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The global oil market is experiencing sharp volatility, shifting rapidly from fears of an impending glut to renewed geopolitical risks centered on the Strait of Hormuz. This comes amid escalating U.S.-Iran tensions, highlighted by Washington’s revocation of a key license allowing Iranian oil sales and Tehran’s persistent efforts to impose fees or tolls on shipping […]
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In a major overnight operation, Ukrainian drone forces struck eight Russian “shadow fleet” tankers in the Sea of Azov that were delivering fuel to occupied Crimea. The attack, described by Ukrainian commanders as achieving “industrial-scale results,” marks the latest and most concentrated blow in Kyiv’s sustained campaign to disrupt Russia’s energy exports and logistics supporting […]
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A fresh Iranian missile strike on a Qatari LNG tanker in the Strait of Hormuz has dealt a significant setback to UK and French plans to begin limited de-mining operations in the waterway’s southern route. The incident, reported on July 7, 2026, comes just days after Oman granted permission for European forces to assist in […]
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The 2026 Strait of Hormuz crisis has exposed a critical vulnerability in global energy markets: Iran’s ability to weaponize the narrow waterway through which up to 20–21 million barrels per day (bpd) of oil — roughly one-third of seaborne global trade — and about one-fifth of the world’s LNG normally flow. Following the U.S./Israeli military […]
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Doomberg stops by and drops some truth bombs around the cage. We cover his article for tomorrow and Friday and tee up his book. You can read all of Doomberg’s articles on Doomberg A lateral-thinking approach to energy, finance, and geopolitics | Subscribe below for free previews of new articles | Click through to our […]
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Middle East oil producers are grappling with significant challenges in selling their crude, even as global benchmark prices (Brent and WTI) have surprisingly softened below or near pre-conflict levels. This comes despite a major supply shock from disruptions in the Strait of Hormuz following the early 2026 Iran conflict (U.S./Israeli strikes on Iran). The market […]
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You won’t want to miss this episode with Jack Prandelli from Switzerland. As an international trader and Substack Author, Jack has been on target with his articles on global oil and Gas Markets. Check out The Merchant’s News : https://themerchantsnews.substack.com/ Follow Jack on X @jackprandelli Connect with Jack on LinkedIn: https://www.linkedin.com/in/prandelligiacomo/ Add Free for our SubStack Subscribers. 1. LNG […]
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