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 ships are braving the waters, while hundreds of others linger in limbo, awaiting resolution to a burgeoning insurance crisis. This […]
Continue ReadingIn the volatile landscape of global energy markets, oil prices are poised for a significant upward trajectory amid escalating geopolitical tensions in the Middle East. As of March 6, 2026, Brent crude has already surged above $89 per barrel, driven by a confluence of factors including disrupted shipping routes, production halts, and a burgeoning crisis […]
Continue ReadingIn an era of escalating geopolitical tensions and accelerating climate goals, the global energy landscape is a powder keg of vulnerabilities and opportunities. As of March 2026, the world grapples with surging energy demands from AI data centers, volatile oil prices amid Middle East conflicts, and the uneven push toward net-zero emissions. This article examines […]
Continue ReadingENB Pub Note: This is an outstanding article from Giacomo Prandelli\’s Substack \”The Merchants News\”. He has been on the Energy News Beat Podcast, and we are looking to have him on again. He is a great author, and we recommend subscribing to his Substack. Lloyds of London appears to be the holdup now, and […]
Continue ReadingENB Pub Note: This is an outstanding article from Andrew Korybko\’s Newsletter on Substack. What he does not mention in the article is that if you tie the Venezuelan pricing controls that Stu Turley expects to be dropped onto Iran, and possibly Iraq, it really starts to show the refining of the global oil markets. […]
Continue ReadingBy 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 […]
Continue ReadingBy 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 […]
Continue ReadingIn an increasingly volatile global energy landscape, China—the world\’s largest oil importer—relies heavily on discounted crude from sanctioned or geopolitically unstable suppliers to fuel its economy. Venezuela and Iraq together provide a significant portion of these imports, often at below-market prices due to sanctions on Venezuelan oil and competitive pricing from Iraqi heavy crudes. But […]
Continue ReadingThe escalating conflict between the United States, Israel, and Iran has sent shockwaves through global energy markets, particularly affecting refined oil products like diesel, gasoline, and jet fuel. As of March 2, 2026, the war—now in its third day—has led to sharp price surges, disruptions in tanker traffic through the Strait of Hormuz, and heightened […]
Continue ReadingThe escalating conflict between the United States, Israel, and Iran, marked by military strikes and retaliatory actions, has thrust the global oil market into turmoil. As of March 1, 2026, Iran\’s threats to close the Strait of Hormuz—a narrow waterway handling about 20% of the world\’s oil trade—have already led to voluntary halts in tanker […]
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