China impacted the global oil supply, and moved the crisis downstream. Diesel is the next inflationary problem for the Trump Administration.

Brent crude hovering near $91 a barrel might look manageable on a trading screen. Jeff Currie, the veteran commodities strategist now at Carlyle Group, argues that focus is dangerously misplaced. “Nobody on the planet Earth consumes crude oil,” Currie told CNBC. “Refineries do. Everyone else consumes gasoline, diesel and jet fuel, and those markets look […]

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China Approves Eight New Nuclear Plants, Including Four With Hualong One 2.0 Tech

China’s State Council approved the construction of eight new nuclear reactor units on July 31, 2026, during an executive meeting chaired by Premier Li Qiang. The projects, spanning four provinces, represent a total investment exceeding 170 billion yuan (approximately $25 billion) and continue the country’s aggressive expansion of nuclear capacity as a cornerstone of its […]

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The Energy Transition is Happening – It’s Not What the Climate Activists Wanted

For years, the dominant energy narrative has been a single, heavily marketed story: the world is undergoing an inevitable, morally urgent transition away from fossil fuels toward wind, solar, and battery storage. Climate activists, aligned media, and policymakers have framed this as both destiny and imperative. As David Blackmon observed in his August 2, 2026, […]

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China Merchants Stay the Course on VLCCs – What does this mean for the energy markets?

China Merchants Energy Shipping (CMES) is doubling down on Very Large Crude Carriers (VLCCs), signaling strong long-term confidence in global crude oil trade despite short-term market volatility. In a recent Lloyd’s List report, the Chinese shipping giant dismissed a nearly 40% drop in VLCC spot rates since late June 2026 as a temporary distortion, raising […]

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