In a surprising pivot, President Donald Trump announced on Truth Social that “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also.” This statement, made on June 24, 2025, marks a significant departure from the Trump administration’s “maximum pressure” campaign, reinstated in February 2025, which aimed […]
Continue ReadingThe Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of Oman and the Arabian Sea, remains one of the world’s most critical and volatile energy chokepoints. Recent reports of widespread GPS jamming, six supertankers executing abrupt U-turns, and escalating tensions between Israel and Iran have reignited concerns about the stability […]
Continue ReadingDaily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. […]
Continue ReadingThe global energy market is reeling from an unexpected shock that has sent Brent crude prices soaring toward $80 and potentially beyond. Just weeks ago, analysts were forecasting an oversupplied oil market with Brent averaging around $60. The International Energy Agency (IEA) and commodity experts were confident in a stable, if not bearish, outlook. But […]
Continue ReadingOn June 21, 2025, the U.S. military, under President Donald Trump’s directive, struck three key Iranian nuclear facilities—Fordo, Isfahan, and Natanz—escalating an already volatile conflict between Israel and Iran. These strikes, aimed at crippling Iran’s nuclear ambitions, have raised global concerns about Tehran’s next move and the potential fallout for energy markets. The big questions […]
Continue ReadingThis was a wild week in the energy space. The geopolitical tensions around the world are driving oil prices to $77, and if Iran\’s oil export capacity is diminished, we may see some short-term spikes to $100. For our oil and gas investors who follow Energy News Beat, this is what Stu has been predicting. […]
Continue ReadingDaily Standup Top Stories The Senate Caves on IRA Wind and Solar Subsidies – David Blackmon June 18, 2025 Clark Savage ENB Pub Note: This article from David Blackmon’s Substack is spot on – and RINOs are at it again… We need some huge primaries, and this is just disgusting. The RINOs in Congress, not David […] […]
Continue ReadingThe Middle East is once again a powder keg, with tensions between Israel and Iran threatening to ignite a crisis in global oil markets. Following Israel’s recent airstrikes on Iranian targets, fears are mounting that Tehran’s oil infrastructure—producing roughly 3.3 million barrels per day (bpd)—could be crippled. Iran accounts for about 3% of global crude […]
Continue ReadingThe escalating conflict between Israel and Iran has sent shockwaves through global energy markets, prompting oil forecasters to rapidly revise their price outlooks. With military strikes intensifying and fears of supply disruptions mounting, the geopolitical risk premium on oil has returned with a vengeance. Brent crude surged past $78 per barrel in its biggest intraday […]
Continue ReadingDaily Standup Top Stories Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors? June 11, 2025 Clark Savage The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential […]
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