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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The oil market is sending mixed signals that traders and energy watchers cannot ignore. Futures prices—the “paper” side of the trade—have been surprisingly restrained even as physical barrels face ongoing constraints from the prolonged disruption in the Strait of Hormuz. Diesel cracks are screaming tightness downstream, China has stepped back as the world’s swing buyer, […]
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On August 18, 2026, Evolution announced a definitive agreement to acquire mineral, royalty, and overriding royalty interests spanning approximately 3,420 net royalty acres (NRA) across 152 tracts in Reagan, Upton, Glasscock, Midland, and Martin Counties, Texas, from a non-affiliated private seller. The purchase price is approximately $16 million in cash, subject to customary adjustments. The […]
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The ongoing conflict in Iran has triggered a profound energy crunch that extends far beyond crude oil prices. While Brent crude has retreated to around $90 per barrel from a wartime peak near $126, global shortages of refined products—diesel, gasoline, and jet fuel—have intensified. Global refinery throughput in July 2026 ran nearly 5 million barrels […]
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The U.S. diesel crack spread—the premium of ultra-low sulfur diesel (ULSD) futures over West Texas Intermediate (WTI) crude—has shattered every historical record. On Monday, August 17, 2026, it surged to an intraday all-time high of $102.20 per barrel and settled in triple digits for the first time, hovering around $100 the following day. For context, […]
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NANO Nuclear Energy Inc. (NASDAQ: NNE) and Quadrant Nuclear Industries, Inc. (QNI) announced on August 18, 2026, that they have entered into a non-binding memorandum of understanding (MoU) to collaborate on the future supply of high-assay low-enriched uranium (HALEU) fuel. The agreement aims to support advanced reactor deployments, strengthen the U.S. nuclear fuel supply chain, […]
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ENB Pub Note: This article is from America Outloud and Ronald Stein, Olivia Vaughan, and Steve Curtis. We highly recommend following them! Electricity policy, at its core, is economic policy. Nations that can produce abundant, reliable, and affordable electricity create the conditions for industrial growth, technological leadership, higher wages, and rising living standards. Those that […]
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Saudi Arabia is offering to sell crude oil cargoes on a ship-to-ship basis from locations off the coast of Oman, including near Sohar in the Gulf of Oman. This move signals that the kingdom may be ramping up the practice of shuttling barrels through the Strait of Hormuz—often with transponders switched off—mirroring tactics already used […]
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The elusive hydrogen economy continues to face setbacks as another high-profile green hydrogen initiative collapses under the weight of economic and regulatory uncertainties. The HyScale 100 project at Raffinerie Heide in Schleswig-Holstein, northern Germany, has been canceled for the second time, highlighting the persistent difficulties in scaling clean hydrogen production and the broader challenges of […]
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Doomberg stops by, and we solve the global oil crisis. – We did not really solve the world’s oil problems, but boy, we sure covered them. In this Energy Newsbeat podcast episode, hosts Stu Turley and Doomberg dive deep into the interconnected crises reshaping global energy markets and geopolitics. From contested claims about oil flowing through […]
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