Archive for the 'Energy' Category
SAUDI EAST-WEST PIPELINE ATTACKED BY DRONES, BADLY DAMAGED
September 11th, 2026Via: ZeroHedge: Open source satellite imaging has shown the crucial ‘Hormuz bypass’ East-West oil pipeline that cuts straight across Saudi Arabia has been on fire. A some 80km to 100km giant smoke plume has been observed. The damaged section is said to be located near the town of Al Mesba’ah. Amid speculation that this is […]
U.S. Diesel Prices Top $6 a Gallon for First Time Ever
September 11th, 2026Via: OilPrice: The national average price for diesel fuel in the United States topped $6 per gallon for the first time this Thursday, adding to already considerable pain at the pump ahead of the November midterm elections. The data comes from GasBuddy, which said in a statement that “As diesel climbs, higher supply chain costs […]
China’s Oil Scramble Sends African, Canadian, Latin American Crude Prices Soaring
September 9th, 2026Via: ZeroHedge: China, the world’s largest oil importer, is bidding up crude prices across Africa, Canada, and Latin American markets as disruptions in the Hormuz chokepoint and limited Iranian supplies intensify competition for alternatives. The scramble is squeezing smaller Chinese refineries that once relied on heavily discounted Iranian barrels, according to a new Bloomberg report.
U.S. Destroys Iranian Oil Tankers Near Kharg Island
September 8th, 2026Via: New York Post: American forces destroyed five Iranian oil tankers near Kharg Island and Jask on Tuesday as the US added military might to its economic squeeze of the Islamic Republic. US Central Command said in a statement that it carried out the strikes that downed five Iranian crude oil carriers in response to […]
Saudi’s Remaining Energy Lifeline To The World Under Threat After Successful Houthi Strikes
September 8th, 2026Via: The War Zone: Just hours ago, the Saudi Aramco refinery at Jazan on the Red Sea was engulfed in flames after a Houthi missile and drone attack. Strikes at the heart of the Saudi’s energy infrastructure on the Red Sea, which acts as the remaining primary lifeline of energy exports out of the region, […]
Alejandro Betancourt: Venezuelan Billionaire the U.S. Investigated for Money Laundering Now Has a Pentagon Oil Deal
September 5th, 2026Via: Reuters: The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was until recently a target of U.S. money-laundering investigations involving funds embezzled from the state-owned oil company PDVSA. Now, after assisting U.S. authorities ahead of the capture ?of authoritarian leader Nicolas Maduro, Alejandro Betancourt is Washington’s key partner in […]
U.S. Diesel Pump Prices Hit Record
September 4th, 2026Via: ZeroHedge: Goldman explained this week that Gulf oil exports had recovered to between 15 million and 16 million barrels per day, roughly two-thirds of prewar levels, with the rise of dark tanker transits obscuring some flows from conventional tracking via the Automatic Identification System (AIS). Yet headline crude volumes don’t tell the entire story. […]
Bloomberg Agri Index Posts Biggest Monthly Jump Since Arab Spring Riots As Food-Crisis Risks Mount
September 2nd, 2026Via: ZeroHedge: The Bloomberg Agriculture Spot Index (BCOMAGSP) posted its largest monthly gain since the chaotic days of the Arab Spring riots and is nearing a breakout above its 2023 highs, signaling a broad-based acceleration in agricultural commodity prices. The upside momentum comes as Wall Street increasingly warns that a perfect storm of factors, from […]
U.S. Looks To Revive ‘Prize Courts’ For Iranian Oil Seizures
August 29th, 2026Via: ZeroHedge: The US government is exploring an unusual legal route for dealing with Iranian oil and ships captured as part of its blockade: bringing back a wartime maritime system that has barely been used for generations, according to Bloomberg. The Justice Department, working with the Pentagon, is preparing to use prize law, which historically […]
“What if America Went Completely Dark?”
August 18th, 2026The New York Times Magazine… Preparing the terrain? Via: New York Times Magazine: Since 2021, the average wait time for a large power transformer — the kind you’d find at a major substation, capable of handling tens or hundreds of thousands of volts — has climbed from less than a year to 128 weeks, with […]
