ENB Pub Note: This article is from Andrew Korybko\’s Newsletter on Substack. There are many moving parts to the Iran conflict, and this article addresses a critical one. Watch in the coming weeks and see if the Venezuelan Monetary Controls are placed into effect in Iran, and you will see a key financial win for […]
Continue ReadingFebruary 28, 2026 – In a dramatic escalation of long-simmering tensions, the United States and Israel have initiated joint military strikes on Iran, codenamed \”Operation Epic Fury\” by the U.S. and \”Roaring Lion\” by Israel. President Donald Trump announced the operations early this morning, stating they aim to dismantle Iran\’s missile capabilities, prevent nuclear weapon […]
Continue ReadingAmid escalating U.S.-Iran tensions and a massive American military buildup in the Middle East, Iran has dramatically accelerated crude loadings at its primary export terminal on Kharg Island. Vessel-tracking and satellite data show Tehran is rushing to move as much oil as possible out of the Persian Gulf before any potential U.S. strikes disrupt operations. […]
Continue ReadingSaudi Arabia is flooding global markets with crude at the fastest pace in nearly three years, shipping 7.3 million barrels per day (b/d) in the first 24 days of February 2026 — the highest level since April 2023. Tanker-tracking data compiled by Bloomberg show the surge represents a jump of more than 400,000 b/d from […]
Continue ReadingIn a dramatic escalation of the energy war tied to the Russia-Ukraine conflict, Ukrainian drones struck a critical Russian pumping station feeding the Druzhba oil pipeline on the night of February 22-23, 2026. The attack on the Kaleykino facility in Tatarstan — more than 1,200 km (750 miles) inside Russia — has further disrupted supplies […]
Continue ReadingIn a stunning revelation that underscores the resilience of Russia\’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the \”Dark Fleet,\” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]
Continue ReadingThe European Commission confirmed it is in contact with Ukraine over repairs to the Druzhba pipeline, while assuring no immediate supply risks for Hungary and Slovakia. Slovakia accused Ukraine of delaying oil flows for political leverage, as Hungary sought to import Russian crude via Croatia’s Adria pipeline. A Bulgarian think tank argued that Hungary no […]
Continue ReadingBy Stuart Turley, Energy News Beat In a dramatic turn of events that has sent shockwaves through global energy markets, oil prices surged nearly 3% on February 18, 2026, following the abrupt collapse of peace talks between Russia and Ukraine in Geneva. Brent crude futures climbed 2.7% to $69.15 per barrel, while West Texas Intermediate […]
Continue ReadingIn a move that has heightened tensions in the Middle East, Iran announced the temporary partial closure of sections of the Strait of Hormuz on February 17, 2026, to conduct naval exercises by its Islamic Revolutionary Guard Corps (IRGC). The drills, dubbed \”Smart Control of the Strait of Hormuz,\” involved live-fire exercises and were described […]
Continue ReadingENB Pub Note: This is another interesting article from Andrew Korybko\’s Substack newsletter. The cascading consequences of such a blockade, which might not ultimately be imposed due it entailing a high risk of war with Iran, could simultaneously weaken Russia, India, and China. The Wall Street Journal reported that Trump 2.0 is considering imposing a Venezuelan-like oil […]
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