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Crude Oil News

Two Tankers Struck in the Middle East: Escalating Tensions in the Persian Gulf

March 11, 2026 Clark Savage

  By Stuart Turley, Energy News Beat Channel In a dramatic escalation of the ongoing US-Iran conflict, two oil tankers were struck in Iraqi territorial waters in the northern Persian Gulf earlier tonight, adding to […]

Crude Oil News

U.S. Taps Chubb to Lead Trump’s $20B Insurance Plan for Hormuz Shipping

March 11, 2026 Clark Savage

By Stuart Turley, Energy News Beat In a bold move to stabilize global energy flows amid escalating tensions in the Middle East, the U.S. government has selected insurance giant Chubb Limited to spearhead a $20 […]

Crude Oil News

Iranian Drone Hits Oman’s Largest Oil Storage Facility Amid Escalating Regional Conflict

March 11, 2026 Clark Savage

In a dramatic escalation of the ongoing 2026 Iran war, Iranian drones targeted Oman’s Port of Salalah today, striking what is considered the sultanate’s largest oil storage facility. The attack, part of Iran’s broader retaliation […]

Crude Oil News

Greek-Operated Oil Tanker Defied Iranian Threats and Crossed the Strait of Hormuz with 1 Million Barrels of Oil from Saudi Arabia

March 9, 2026 Clark Savage

In a bold move amid escalating tensions in the Middle East, the Greek-operated oil tanker Shenlong successfully navigated the treacherous Strait of Hormuz, carrying approximately 1 million barrels of Saudi Arabian crude oil. This crossing, […]

Geopolitical

EU Buys 100% of Russian Arctic LNG Just 9 Months Before Planned Gas Ban

March 9, 2026 Clark Savage

In a stark display of policy versus practice, European Union buyers snapped up every single cargo of liquefied natural gas (LNG) from Russia’s Yamal LNG project in February 2026—the first time since April 2018 that […]

Crude Oil News

Oil Over $100: How Long Will It Last, and What’s in Transit?

March 9, 2026 Clark Savage

As oil prices surge past $100 per barrel amid escalating tensions in the Middle East, particularly the conflict involving Iran and disruptions in the Strait of Hormuz, the global energy market is facing unprecedented volatility. […]

Critical Minerals

The Oil and Gas Markets are Changing for Peace and Supporting the US Dollar

March 8, 2026 Clark Savage

  In a rapidly evolving global energy landscape, recent U.S. actions in Venezuela, combined with broader monetary and diplomatic strategies, are reshaping oil and gas markets. These shifts aim not only to stabilize prices and […]

Exports

The U.S. Merchant Marine Fleet Needs an Update

March 7, 2026 Clark Savage

In an era where energy security underpins national strength, the U.S. Merchant Marine Fleet stands as a critical yet underappreciated asset. Once a powerhouse of global trade, the fleet has dwindled, leaving America vulnerable in […]

Crude Oil News

Russia Following the Money: Shifting Gas and Oil Sales to Asia

March 7, 2026 Clark Savage

In the wake of escalating geopolitical tensions and a rapidly evolving global energy landscape, Russia is decisively pivoting its gas and oil exports eastward. This strategic shift, driven by lucrative opportunities in Asia amid disruptions […]

Crude Oil News

Iran-Linked Ships Transit as Others Wait for Insurance

March 7, 2026 Clark Savage

In the midst of escalating tensions in the Middle East, the Strait of Hormuz— a critical chokepoint for global energy supplies— remains largely impassable for most commercial vessels. As of March 7, 2026, only Iran-linked […]

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