Category: Exports

Noreva’s new U.S. gas forecasting service expects a more volatile market featuring higher regional price spikes, including potential $10/MMBtu levels in constrained areas.

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Noreva (formerly Karbone Research), an AI-powered energy market intelligence platform, recently expanded its offerings with enhanced U.S. natural gas forecasting tools. These include merchant curves, scenario modeling, fundamentals analysis, basis and logistics analytics, and capacity pricing forecasts that integrate real transactional data, supply-demand balances, policy factors, and proprietary models. The service aims to provide clearer […]

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So Iran Closes the Strait of Hormuz, Let’s See What Bessent’s Economic Isolation of Iran Could Look Like

Clark Savage168

As the Iran-U.S. conflict grinds toward the six-month mark in mid-August 2026, Tehran continues to assert control over the Strait of Hormuz—the critical chokepoint through which roughly one-fifth of global oil and LNG once flowed—while the United States maintains a naval blockade on Iranian ports and escalates economic pressure. Treasury Secretary Scott Bessent has signaled […]

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Saudi Aramco estimates the world lost 2.6 billion barrels of oil since the US-Iran conflict began. What does this mean for consumers and investors?

Clark Savage151

Saudi Aramco has put a stark number on the energy fallout from the ongoing US-Iran conflict: more than 2.6 billion barrels of oil supply lost since fighting erupted in February 2026. That figure, first highlighted by Aramco CEO Amin Nasser in early August and amplified in a recent Reuters report widely shared on X by […]

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US Senate Passes Russia Sanctions Bill Championed by Graham: Is This Even Worth the Paper It Is Written On?

Clark Savage151

On August 7, 2026, the U.S. Senate overwhelmingly passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 by a vote of 86-11. The bipartisan measure, renamed in honor of the late South Carolina Senator Lindsey Graham—who championed it until his death last month—now heads to the House. The legislation authorizes the president […]

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Global Energy Market In Flux with Russia, Strait of Hormuz, Bab el-Mandab Strait and drought in the EU all in play

Clark Savage227

The global energy landscape remains highly volatile in early August 2026, shaped by overlapping geopolitical, security, and climate pressures. Disruptions centered on Russia’s refined product exports, ongoing uncertainty over the Strait of Hormuz, escalating risks in the Bab el-Mandab Strait, and a severe drought across Europe are tightening supplies of crude oil, petroleum products, LNG, […]

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