Oil Crises Reshape Power: Who Wins Next? Every major oil shock has redrawn the map of global energy leverage. The 1973-74 Arab oil embargo shifted…
Posts tagged as “OIL”
Oil Markets Brace for New Iran Escalation Washington has again threatened to strike Iran’s Kharg Island oil terminal, a move that could disrupt a significant…
Oil Prices Surge After US Strike on Iranian Rocket Launchers Asian shares and US futures retreated, while oil prices surged on Monday, August 31, 2026,…
Trump Announces Venezuelan Crude for SPR Refill On Sunday, August 30, 2026, President Donald Trump announced via social media that the United States will use…
WTI crude surged 2.47% to $85.46/barrel in early Asian trade, while Brent climbed 2.71% to $90.49/barrel. The escalation began Sunday when U.S. forces struck two…
Geopolitical Tensions and Oil Surge Weigh on Asian Equities Asian shares fell on Monday, August 31, 2026, as escalating geopolitical friction and a spike in…
The Trump administration has brokered a deal granting a US-led venture access to Venezuela’s substantial oil reserves, estimated at 65 billion barrels. Former Deputy National…
Ukrainian Drone Strike Disrupts Russian Refining Capacity A Ukrainian drone strike ignited a major fire at a key Russian oil refinery, disrupting processing operations. The…
Operation Economic Outcast Targets Iran’s Remaining Global Ties On August 30, 2026, the Trump administration unveiled Operation Economic Outcast, a sweeping sanctions campaign aimed at…
Beijing and Manila Reconsider Joint Energy Projects A joint report by Chinese and Philippine analysts, released Monday by the Shanghai Institutes for International Studies, urged…
US Secures 65 Billion Barrels of Venezuelan Oil President Donald Trump has called the recent US-Venezuela oil agreement the largest in history, securing access to…
U.S. Weighs Prize Law for Seized Iranian Oil The U.S. Justice Department and Pentagon are preparing to invoke prize law — a maritime legal doctrine…
Trump Announces Venezuela Oil Reserve Deal On Saturday, August 29, 2026, former President Donald Trump announced via social media that the United States has struck…
German 10-Year Yield Surges to 3.265% Germany’s 10-year government bond yield reached 3.265% on Friday, August 28, 2026, the highest level since 2011. The move…
Ukraine claimed a drone strike on the Slavneft-YANOS refinery in Yaroslavl, one of Russia’s largest fuel producers, on August 27, 2026. The attack is part…
Goldman Sachs reports Persian Gulf oil exports have recovered to roughly two-thirds of pre-Iran-war levels, with total Middle East outflows now at 15-16 million barrels…
Hormuz Tanker Counts Drop Below Ten-Day Average Tanker traffic through the Strait of Hormuz slowed to just seven commodity vessels on Thursday, August 27, 2026,…
Blockade Replaces Airstrikes in Pressuring Tehran The U.S. Navy has shifted from military strikes to economic warfare against Iran, imposing a blockade that has sharply…
Brent crude traded near $89.17 per barrel and WTI near $83.19, both on pace for weekly declines of 5.3% and 4.3%, respectively, despite ongoing U.S.-Iran…
Regional Benchmarks Push Higher on Falling Crude Asian shares mostly rose on Wednesday, August 26, 2026, as a decline in oil prices eased inflation concerns…
COSL Q2 Profit Jumps 12% on Robust Offshore Drilling Demand China Oilfield Services Limited (COSL) reported second-quarter 2026 net profit of RMB 1.85 billion ($260…
Canadian oil sands maintenance is expected to cut crude production by roughly 300,000 barrels per day in September, according to Rystad Energy, as cited by…
Iran and Oman Propose Joint Strait of Hormuz Shipping On Tuesday, August 25, 2026, Iranian and Omani officials discussed a proposal to establish a jointly…
Crude Falls 3% on Mideast Supply Risk Relief West Texas Intermediate and Brent crude futures for October delivery both fell roughly 3% on Tuesday, 25…
US Treasury Expands Sanctions to Iran’s Digital Assets The US Treasury has broadened sanctions to target Iran’s cryptocurrency sector, alleging that a UAE-based broker facilitated…
Bessent’s Threat: Dollar System As A Lever Treasury Secretary Scott Bessent threatened on Sunday, August 23, 2026, to cut Iran’s financial enablers from the dollar…
US Unveils ‘Greatest Financial Offensive’ Against Iran The United States is preparing to announce what officials describe as its “greatest financial offensive” against Iran, a…
$USO $XLE $CL=F — Oil prices declined on Monday as markets positioned for the imminent rollout of new U.S. sanctions targeting Iranian crude exports, which…
WTI crude fell 2.16% to $85.18/barrel and Brent fell 2.19% to $92.32/barrel in early Asian trade Monday, as traders took profits after last week’s 5%+…
Iran’s President Backs US Memorandum As War Exit Iranian President Masoud Pezeshkian said on August 22, 2026, that a US memorandum offers the best route…