ENB Pub Note: This is an outstanding article from Andrew Korybko\’s Newsletter on Substack. What he does not mention in the article is that if you tie the Venezuelan pricing controls that Stu Turley expects to be dropped onto Iran, and possibly Iraq, it really starts to show the refining of the global oil markets. […]
Continue ReadingIn a striking sign of tightening global fuel supplies, Exxon Mobil has scheduled its first-ever shipments of gasoline from the U.S. Gulf Coast to Australia, totaling around 600,000 barrels this month. These cargoes, loading from Houston in mid-March aboard medium-range tankers like the Largo Eagle and Nord Ventura, consist mostly of gasoline with some diesel […]
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 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 stunning development that could reshape global energy markets and geopolitics, an internal Russian memo has surfaced proposing a return to the US dollar for settlements as part of a broader economic partnership with the Trump administration. This move, if realized, might signal the beginning of the end for the ongoing war in Ukraine, […]
Continue ReadingENB Pub Note: This is an interesting article from Andrew Korybko\’s Substack newsletter. We recommend subscribing as he has an interesting look into geopolitical aspects. Stu Turley believes that when the Russia-Ukraine war is over, new trading blocs will form, and Russia will be at the forefront of them. India is very important to the […]
Continue ReadingIn a significant development for global energy dynamics, U.S. President Donald Trump and Indian Prime Minister Narendra Modi announced a trade agreement on February 2, 2026, aimed at resetting bilateral relations strained by tariffs and oil sourcing disputes. This deal, which reduces U.S. tariffs on Indian goods from 50% to 18%, is tied to India\’s […]
Continue ReadingIn a rapidly escalating geopolitical drama, U.S. President Donald Trump has issued a stark warning to Canada: proceed with a new trade partnership with China, and face a blanket 100% tariff on all goods entering the United States. This threat comes on the heels of Canadian Prime Minister Mark Carney\’s announcement of a strategic agreement […]
Continue ReadingIn a bold escalation of its campaign against illicit oil trading, the United States has seized yet another vessel from the shadowy \”dark fleet\” — a network of aging tankers that evade international sanctions to transport crude from rogue regimes. The latest capture, the MT Veronica, marks the sixth such interdiction in recent weeks under […]
Continue ReadingIn a rapidly evolving global energy landscape, China\’s strategic partnerships and import trends are reshaping international relations. Recent developments highlight a surge in Canadian oil imports to China, facilitated by expanded infrastructure like the Trans Mountain pipeline. This comes amid statements from Canadian Prime Minister Mark Carney emphasizing a \”new strategic partnership\” with China that […]
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