QatarEnergy has paused its aggressive ramp-up plans at the Ras Laffan LNG complex following a recent tanker attack in the Strait of Hormuz, prioritizing security over speed. This decision delays the critical LNG supply that the market had been counting on for the upcoming winter season. According to market analyst Jack Prandelli (@jackprandelli), QatarEnergy had […]
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The global oil market is experiencing sharp volatility, shifting rapidly from fears of an impending glut to renewed geopolitical risks centered on the Strait of Hormuz. This comes amid escalating U.S.-Iran tensions, highlighted by Washington’s revocation of a key license allowing Iranian oil sales and Tehran’s persistent efforts to impose fees or tolls on shipping […]
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A fresh Iranian missile strike on a Qatari LNG tanker in the Strait of Hormuz has dealt a significant setback to UK and French plans to begin limited de-mining operations in the waterway’s southern route. The incident, reported on July 7, 2026, comes just days after Oman granted permission for European forces to assist in […]
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The 2026 Strait of Hormuz crisis has exposed a critical vulnerability in global energy markets: Iran’s ability to weaponize the narrow waterway through which up to 20–21 million barrels per day (bpd) of oil — roughly one-third of seaborne global trade — and about one-fifth of the world’s LNG normally flow. Following the U.S./Israeli military […]
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Doomberg stops by and drops some truth bombs around the cage. We cover his article for tomorrow and Friday and tee up his book. You can read all of Doomberg’s articles on Doomberg A lateral-thinking approach to energy, finance, and geopolitics | Subscribe below for free previews of new articles | Click through to our […]
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Middle East oil producers are grappling with significant challenges in selling their crude, even as global benchmark prices (Brent and WTI) have surprisingly softened below or near pre-conflict levels. This comes despite a major supply shock from disruptions in the Strait of Hormuz following the early 2026 Iran conflict (U.S./Israeli strikes on Iran). The market […]
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This risks a tight winter as the injection season winds down, with inventories projected to be just 76% full by late October. According to a Financial Times report citing industry analysis (primarily Wood Mackenzie), Europe faces the prospect of entering the 2026/27 heating season with its lowest natural gas storage levels in at least 15 years. […]
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As the Strait of Hormuz reopens following the mid-June U.S.-Iran ceasefire and sanctions waiver on Iranian oil sales (valid until August 21, 2026), Middle East crude flows are recovering, and tanker traffic is picking up. However, a key market twist has emerged: Asian refiners, who aggressively sourced non-Middle Eastern crude during the disruption, now have […]
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Tensions in the Strait of Hormuz escalated sharply this week with two reported attacks on commercial vessels, underscoring the vulnerability of one of the world’s most critical energy chokepoints. On June 25, the Singapore-flagged container ship M/V Ever Lovely (operated by Taiwan’s Evergreen Marine) was struck by what U.S. officials described as an Iranian drone […]
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In a world rocked by geopolitical tensions around the Strait of Hormuz — a critical chokepoint for global oil supplies — and an explosive surge in electricity demand from AI data centers, nuclear power is experiencing a powerful resurgence. Reliable, low-carbon baseload energy is no longer a niche option; it is becoming central to energy […]
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