In a significant development for global energy markets, Iran announced today that the Strait of Hormuz is now “completely open” to commercial shipping for the remainder of the fragile ceasefire period tied to the Lebanon truce. The announcement, made by Iranian Foreign Minister Abbas Araghchi, comes amid ongoing U.S. naval restrictions on vessels calling at […]
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A record armada of crude oil tankers is steaming toward the U.S. Gulf Coast in April 2026. Maritime intelligence from Windward shows roughly 171 crude tankers en route—well above the typical monthly average of about 110. Market data firm Kpler reports that 28 Very Large Crude Carriers (VLCCs), each capable of hauling up to 2 […]
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The global energy markets are in flux as of mid-April 2026, shaped by severe disruptions from the ongoing Middle East conflict (centered on Iran and the Strait of Hormuz). This has curtailed roughly 7–10 mb/d of crude, NGLs, and refined product exports in March–April, triggering sharp price spikes and inventory draws. Brent crude averaged $103/bbl […]
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In a significant victory for American energy producers, manufacturers, and workers, the U.S. House of Representatives passed H.R. 6409, the Foreign Emissions and Nonattainment Clarification for Economic Stability (FENCES) Act, on April 16, 2026, by a vote of 220-208. Sponsored by Rep. August Pfluger (R-TX-11), this commonsense permitting reform bill amends the Clean Air Act […]
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The United States is in the midst of a historic expansion of its liquefied natural gas (LNG) export infrastructure. After a decade of rapid growth that transformed the U.S. from a minor player into the world’s largest LNG exporter, a new wave of projects under construction and recently sanctioned is poised to add more than […]
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Australia’s energy security is under unprecedented strain. A major fire at one of the nation’s last two oil refineries has thrust the country’s deepening fuel vulnerability into the spotlight, underscoring how decades of Net Zero-driven policies have transformed a once self-reliant energy powerhouse into a heavily import-dependent nation. On the night of April 15, 2026, […]
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ENB Pub Note: This article first ran in the Washington Times, and it is spot on. My Grandfather is credited with being one of the geologists who discovered the North Slope, and we have yet to take advantage of the resources there. We will cover this on the Next Energy News Beat Stand Up. By […]
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In a striking intervention that challenges Europe’s long-standing energy decoupling strategy, Claudio Descalzi, CEO of Italy’s state-backed energy giant Eni, has publicly urged the European Union to suspend its upcoming ban on Russian liquefied natural gas (LNG). Speaking at a political event organized by Italy’s Lega party, Descalzi stated: “I think that it is necessary […]
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In just six weeks, the global energy paradigm has flipped. What a decade of climate summits, net-zero pledges, and green industrial policy could not achieve, Iran’s effective closure of the Strait of Hormuz—and the raw reality of AI’s insatiable power hunger—has done in a flash. Energy security is no longer a side note; it is […]
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The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure of the Strait of Hormuz and attacks on energy infrastructure—has triggered the largest supply disruption in global oil market history. Nearly 20% of the world’s oil and significant LNG volumes have been taken offline, sending Brent crude […]
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