Alberta Premier Danielle Smith is spot on: the new American tariffs will affect $1.5 billion of Alberta goods. The new Canadian counter-tariffs will affect $4.8 billion of the provincial economy.

That is not a talking point. It is the arithmetic of an integrated energy market that Ottawa cannot wish away, and Washington already understands. Smith’s warning, circulating widely after her CBC Power & Politics appearance and a clip posted by Stephen Taylor, is blunt: Alberta businesses will be hurt more by Canada’s own counter-tariffs than […]

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Life Will Find Away, and Oil Finds Markets

Welcome to the Energy News Beat podcast, where hosts Stu Turley and Rey Trevino (Pecos Operating) break down nine major stories shaping the global energy landscape. In this episode, they explore how oil and diesel markets are adapting to geopolitical disruptions—from Saudi Arabia’s innovative shuttle tanker routes around the Houthis to China’s strategic pivot toward […]

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Oil Will Find a Way

In Jurassic Park, Dr. Ian Malcolm delivers one of cinema’s most memorable lines: “Life finds a way.” Nature adapts, persists, and routes around obstacles no matter how carefully the fences are built. In the summer of 2026, crude oil is doing the same thing. Blockades and attacks have choked the Strait of Hormuz and the […]

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Will Turkey be impacted by a potential gas squeeze as new Iran sanctions kick in?

Turkey faces heightened risk of disrupted natural gas supplies from Iran following the U.S. Treasury’s launch of an intensified economic isolation campaign against Tehran on August 24, 2026. As a key U.S. ally and Iran’s third-largest trading partner, Ankara must navigate secondary sanctions threats that could complicate or sever one of its major pipeline gas […]

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Will Iraq leave OPEC, or will OPEC allow Iraq to double exports within six years?

Iraq is pushing aggressively to more than double its oil production capacity, targeting 8–10 million barrels per day (bpd) within six years—up from roughly 4 million bpd before the recent Iran-related regional conflict disrupted Strait of Hormuz shipping. On August 21, 2026, Prime Minister Ali al-Zaidi announced the goal at the Baghdad Dialog conference and […]

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Will Choking Iran’s Economy End the War, or Are They Too Resilient?

In an August 20, 2026, Bloomberg Opinion column, Javier Blas argued that “choking Iran’s economy is the least bad way to end the war.” Drawing on firsthand observations of sanctions-induced collapse in Iraq, Venezuela, and Cuba—worthless currencies, skyrocketing inflation, and soaring unemployment—Blas noted that pure economic pressure has historically failed to force political change. U.S. […]

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