Iran Threatens to Close Hormuz and Bab el-Mandeb Simultaneously: Oil Markets Face Unprecedented Dual Chokepoint Risk

In a sharp escalation reported today, Iran has signaled its willingness to simultaneously blockade the Strait of Hormuz and the Bab el-Mandeb Strait. According to Iran’s state outlet Tasnim, Tehran is halting indirect talks with the United States amid tensions over Lebanon and is preparing to “completely block” the Strait of Hormuz while activating other […]

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Iran Strikes UAE’s Key Hormuz Bypass: Fujairah Terminal Under Fire as One Major Pipeline Route Goes Down — Saudi’s 7M bpd Red Sea Lifeline Now at Risk from Houthis

In a dramatic escalation of the Iran conflict, Iranian drone strikes have repeatedly hammered the UAE’s Fujairah oil terminal — the critical endpoint of the Abu Dhabi Crude Oil Pipeline (ADCOP, also known as Habshan–Fujairah). This pipeline was one of the region’s primary bypass routes around the now-blocked Strait of Hormuz. Multiple attacks in mid-March […]

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Is the US wasting its time saving the planet?

Daily Standup Top Stories EU to Ban Re-Export of Russian LNG June 24, 2024 Mariel Alumit The European Union is set to ban the re-export of Russian LNG in the bloc’s waters in a first sanctions measure targeting Russia’s gas, EU diplomats told Reuters on Thursday. The EU has been debating the 14th sanctions […] The $2.5 trillion reason we […]

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Daily Energy Standup Episode #322 – US Gasoline Reserve Sale and China\’s Oil Access Blocked

Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary […] US funding bill blocks […]

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Daily Energy Standup Episode #317 – Granholm\’s Clean Energy Agenda, First Solar\’s Impact, and Saudi Arabia\’s Oil Woes

Daily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. However, two years into the push to transition the country to clean energy, the government is still behind […] First Solar […]

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