The world is once again staring down the barrel of an energy crisis. With the Strait of Hormuz effectively closed amid escalating tensions from the Iran conflict, global markets are in panic mode over potential disruptions to oil and liquefied natural gas (LNG) supplies. Prices are spiking, supply chains are under threat, and governments are […]
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The FT writes, US shale bosses polled by the Federal Reserve Bank of Dallas said they did not expect to significantly increase production over the next two years as a result of the “chaos” caused by the Iran war. According survey of more than 100 oil and gas companies, 43% of executives said they do […]
Continue ReadingIn a stunning revelation that underscores the resilience of Russia\’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the \”Dark Fleet,\” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]
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