Archive for the 'Energy' Category
Iran War Disrupts Fertilizer Supply Chain
March 12th, 2026Via: CNBC: The war in Iran could raise global food prices as the conflict disrupts fertilizer shipments through one of the world’s most critical trade routes. While energy markets have focused on oil supply risks, analysts say threats to fertilizer supply chains through the Strait of Hormuz may also bring long-term economic issues through food […]
Two Tankers On Fire at Iraqi Port After Iran Attacks
March 11th, 2026Update: New Ayatollah’s First Message: Hormuz Strait Stays Closed, Warns ‘More Fronts’ Could Open — Via: Oilprice: Two oil tankers carrying Iraqi oil products caught fire Wednesday after being struck in Iraqi territorial waters near the country’s southern export terminals, according to Iraqi port officials and multiple media reports. The vessels, Vishnu, a Marshall Islands-flagged […]
IEA: Largest Ever Oil Stock Release Amid Market Disruptions From Middle East Conflict
March 11th, 2026Via: International Energy Agency: The 32 Member countries of the International Energy Agency unanimously agreed today to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from the war in the Middle East. The decision to take emergency collective action was made following […]
Iran Attacking Ships Attempting to Transit Strait of Hormuz
March 11th, 2026Via: Telegraph: The Islamic Republic’s joint command threatened the US, Israel and their allies with attacks on vessels passing through the Strait of Hormuz as the countries continue their bombing campaign against Iran. It said it would shift from “reciprocal hits” to “continuous strikes” on its adversaries – a move it warned could push global […]
U.S. Sinks Iranian Minelayers as Reports Say Tehran Is Mining the Strait of Hormuz
March 10th, 2026Via: CNBC: American forces on Tuesday sunk several Iranian ships, including 16 minelayers, near the Strait of Hormuz, according to the U.S. Central Command, amid reports that Tehran was seeking to mine the waterway critical to global energy supplies. The U.S. announcement followed a post by President Donald Trump that said if Iran had put […]
EMERGENCY: KUWAIT DECLARES FORCE MAJEURE, CUTS OIL PRODUCTION
March 7th, 2026Via: Bloomberg: Kuwait Petroleum declared force majeure — a legal clause allowing a company not to fulfill contractual obligations because of circumstances outside its control — on sales of oil and refinery products, according to a notice seen by Bloomberg. The country produced about 2.57 million barrels a day of oil in January, according to […]
EMERGENCY: ISRAEL ATTACKS IRAN’S OIL AND GAS FACILITIES
March 7th, 2026Perhaps this is also a war against China: China has emerged as the largest buyer of Iranian crude, importing more than 80% of Iran’s oil exports in 2025. This amounted to around 1.38 million barrels per day, roughly 13–14% of China’s total seaborne crude imports, according to Kpler. Tehran’s oil has limited buyers due to […]
OIL UP 38% SINCE START OF IRAN WAR
March 6th, 2026Via: Yahoo Finance: US oil prices notched their biggest weekly gain since at least 1985 on Friday as the conflict headed toward the one-week mark and the critical Strait of Hormuz remained essentially closed off to through-traffic. US benchmark West Texas Intermediate crude (CL=F) gained over 38% since the close of trading on Friday before […]
TRUMP DEMANDS IRAN’S UNCONDITIONAL SURRENDER
March 6th, 2026Via: USA Today: President Donald Trump demanded Iran’s ‘unconditional surrender’ in a social media post Friday morning, insisting “there will be no deal” to end his now seven-day-old war with the battered Persian Gulf power. Trump said the United States and its allies “will work tirelessly to bring Iran back from the brink of destruction, […]
Iran Attacking Energy Facilities and Ports of Gulf Arab States
March 3rd, 2026Via: The War Zone: Iran appears to be increasingly focusing its retaliatory attacks against energy production infrastructure in Gulf Arab States. The U.S.-Israeli operation against Iran is also continuing at a significant tempo, including a major new wave of Israeli strikes going after leadership targets in Tehran. Readers can catch up on previous developments in […]
