President Trump Announces \”Security of Maritime Trade\” Initiative Amid Gulf Tensions

By Stuart Turley, Energy News Beat In a bold move to safeguard global energy supplies, President Donald J. Trump announced the \”Security of Maritime Trade\” initiative on March 3, 2026, directing the United States International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees for maritime shipping through the Persian Gulf. This […]

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The Price for Oil May Go Up If the Bypass Pipelines Are Hit, and If Ship Insurance Is Not Approved

By Stuart Turley, Energy News Beat Channel As tensions in the Middle East escalate into full-blown conflict, the global energy market is on high alert. The U.S.-Israeli strikes on Iran, dubbed Operation Epic Fury, began on February 28, 2026, targeting Iranian leadership and infrastructure. In retaliation, Iran has effectively weaponized the Strait of Hormuz, the […]

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Hormuz Dependency by Country: A Critical Energy Chokepoint Under Scrutiny

The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the Gulf of Oman, remains one of the world\’s most vital energy arteries. In 2024, approximately 20 million barrels per day (b/d) of crude oil, condensate, and petroleum products transited this chokepoint, representing about 20% of global petroleum liquids consumption. Additionally, around one-fifth […]

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250 Actions the Trump Administration and Congressional Allies Have Taken to Unleash Our Energy Potential

In the first year of the Trump Administration\’s return to power—from January 20, 2025, to January 2026—a remarkable series of over 250 actions has been implemented to revitalize America\’s energy sector. Compiled by Thomas J. Pyle of the Institute for Energy Research (IER), this comprehensive list highlights executive orders, regulatory rollbacks, legislative victories, and agency […]

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Why Chevron and Exxon are Holding Their Stock Price Even When Oil is Holding at $60 to $65?

In the volatile world of energy markets, oil prices have stabilized around $60 to $65 per barrel throughout much of 2025 and into early 2026, a level that might typically pressure major oil companies\’ stock performance. Yet, industry giants Chevron (CVX) and ExxonMobil (XOM) have demonstrated remarkable resilience, with their shares holding steady or even […]

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China\’s Oil and Gas Drilling Program Improvements Are Now Capable of Impacting Markets

By Stuart Turley, Energy Podcast Host As the world\’s largest energy consumer, China\’s advancements in oil and gas drilling technologies and programs have reached a point where they can meaningfully influence global markets. Over the past decade, China has invested heavily in enhancing domestic production through improved drilling techniques, such as horizontal drilling and hydraulic […]

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