The oil market is no longer one price. It is a map. Javier Blas put the new arithmetic on the table in Bloomberg Opinion on September 21: hiring a Very Large Crude Carrier from the Persian Gulf to Asia has jumped twelvefold in a few months to a record $1.1 million a day. Translate that […]
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ENB Pub Note: This article first ran in Andrew Korybko’s Newsletter, and we recommend reading and subscribing. In my opinion, trust no news reports right now, as false flags are looming. Very everything. Article 5 doesn’t mandate the use of military force in support of an ally, and it certainly wasn’t meant to be exploited […]
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The global diesel squeeze just absorbed another shock. Overnight into Sunday, Ukrainian drones reached the Gazprom Neft Moscow Oil Refinery in Kapotnya — about 16 miles, or 25 kilometers, from the Kremlin — during what Russia called the largest drone barrage of 2026. This was not a one-off raid on a storage tank. It was […]
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Oil and liquefied natural gas moving through the Strait of Hormuz over the past two weeks reached a six-month high, U.S. Central Command chief Adm. Brad Cooper said Saturday, crediting mine clearance, naval escorts, and coordination with Gulf producers, insurers, and shipowners. The same briefing drew a sharp contrast: Gulf partners have moved more than […]
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Saudi Arabia’s capital came under direct threat early Saturday as air-raid alerts sounded over Riyadh and explosions were heard, followed by a large plume of black smoke rising from a fuel storage depot at King Khalid International Airport. The incident marks the first time Houthi attacks have visibly affected the Saudi capital since fighting with […]
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Energy News Beat | September 19, 2026 The world’s long-haul crude system is running out of the ships that make it work. Bloomberg reported today that soaring freight costs are already making some distant crude trades uneconomic, with barely any Very Large Crude Carriers left for hire in parts of the market. That shortage is […]
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President Donald Trump announced Friday, September 18, 2026, that the United States, Denmark, and Greenland have reached an agreement granting the U.S. “permanent control over security and all other needs” in Greenland. The deal stops short of any transfer of territory. Danish and Greenlandic leaders confirmed the outlines and said the three governments expect to […]
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Energy News Beat | September 18, 2026JPMorgan’s commodities desk just did something Wall Street almost never does in public. It took the baseline off the table. In the September 17 Oil Markets Weekly note, titled “Dry powder,” Natasha Kaneva, Lyuba Savinova, and Artem Fakhredtinov wrote the line that has been circulating all day: “For the […]
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Energy News Beat — September 18, 2026 A drone struck a cooling tower at Russia’s Kursk Nuclear Power Plant early Thursday, September 17, according to the International Atomic Energy Agency, in the most serious confirmed hit on an operating Russian nuclear unit since the war began. The incident landed three days after President Donald Trump […]
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Aramco’s East-West pipeline outage leaves European term buyers with a zero allocation for October. Crude is being rerouted to Asia. Products, not barrels, remain the tighter market. Saudi Aramco has told European term customers they will receive no crude in October under long-term contracts, according to people familiar with the decision cited by Bloomberg and […]
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