Treasury Secretary Scott Bessent used a Monday appearance on CNBC’s Squawk Box to lay out the working-level results of weekend talks with Chinese Vice Premier He Lifeng — talks he described as a direct extension of the personal relationship between President Donald Trump and President Xi Jinping. Those discussions, held in New York the day […]
Continue Reading
Energy News Beat — President Donald Trump and President Xi Jinping meet in Washington on Thursday, September 24. The agenda is broader than energy. For the U.S. LNG industry, the meeting is still one of the most important political events of the year. China is the world’s largest LNG importer. The United States is the […]
Continue Reading
President Donald Trump announced Monday that the United States is working on a “massive Deal” to purchase potash from Belarus at substantially lower prices than those paid to Canada. The move is a direct response to the breakdown in U.S.-Canada trade talks and another concrete example of an America First strategy that prioritizes American farmers, […]
Continue Reading
The oil market is no longer one price. It is a map. Javier Blas put the new arithmetic on the table in Bloomberg Opinion on September 21: hiring a Very Large Crude Carrier from the Persian Gulf to Asia has jumped twelvefold in a few months to a record $1.1 million a day. Translate that […]
Continue Reading
How a policy sold as climate leadership transferred industrial power, energy security, and emissions to Beijing. David Blackmon put it as bluntly as anyone in energy journalism has: every facet of the West’s net-zero obsession and taxpayer-subsidized “energy transition” is designed, in practice, to benefit one country. That country is China. On September 20, 2026, […]
Continue Reading
Oil and liquefied natural gas moving through the Strait of Hormuz over the past two weeks reached a six-month high, U.S. Central Command chief Adm. Brad Cooper said Saturday, crediting mine clearance, naval escorts, and coordination with Gulf producers, insurers, and shipowners. The same briefing drew a sharp contrast: Gulf partners have moved more than […]
Continue Reading
Energy News Beat | September 19, 2026 The world’s long-haul crude system is running out of the ships that make it work. Bloomberg reported today that soaring freight costs are already making some distant crude trades uneconomic, with barely any Very Large Crude Carriers left for hire in parts of the market. That shortage is […]
Continue Reading
The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 now sits on President Donald Trump’s desk after the House passed it 262-159 on September 16. The Senate had already approved it 86-11. The bill targets Russia’s energy sector, officials, banks, oligarchs, and shadow fleet while authorizing the president to impose tariffs of up […]
Continue Reading
Moscow is keeping diesel at home through the end of October. That decision lands on a European market that has already lost its old Russian supply line, is watching Saudi crude and product routes seize up, and is about to hear from the Bank of England on interest rates. The combination is not a single […]
Continue Reading
Diesel prices in the United States have smashed through records, topping $6.31 a gallon nationally as of September 16, 2026. Truckers, farmers, and households feel it immediately. Heating oil, chemically similar to diesel, is following the same path. With midterms weeks away, the political pressure is intense. Senate Majority Leader John Thune said he is […]
Continue Reading