Tag: Iran

Goldman Sachs: New Pipelines Could Divert 45% of Strait of Hormuz Oil by 2027 and 60% by 2028 — Iran’s Oil Leverage Nears Irrelevance

Clark Savage151

The Strait of Hormuz, the world’s most critical oil chokepoint carrying roughly 20% of global oil trade (around 20–21 million barrels per day pre-disruptions), is rapidly losing its stranglehold. According to Goldman Sachs analyst Alexandra Paulus, pipeline projects across the Gulf are on track to divert up to 45% of pre-war Persian Gulf oil exports […]

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Brent Crude Surges Above $86 as Iran Strikes UAE Tankers in Hormuz, Russian Oil Infrastructure Takes More Hits, and Chokepoint Risks Mount

Clark Savage117

The Refining Capacity Shortage and Demand Destruction Quest Brent crude oil prices surged more than 3% today, breaking above $86 per barrel (reaching $86.06 in early London trading). This extends a sharp ~12% rally since Friday, driven by escalating geopolitical risks across key oil chokepoints and infrastructure. The immediate spark came from Iranian cruise missile […]

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The Iran War Turns Regional: Tanker Attacks, Naval Blockades, Drone Strikes, and Surging Oil Prices

Clark Savage148

The conflict involving Iran has rapidly expanded beyond direct U.S.-Iran clashes into a broader regional war, with proxy actions, naval disruptions, and threats spanning the Persian Gulf, Strait of Hormuz, Yemen, and even the Caribbean. Oil prices are climbing on heightened supply risks, with Brent crude recently trading around $83–85 per barrel amid fresh attacks […]

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Net Zero and Power Problems

Clark Savage80

David Blackmon, Dr. Tammy Nemeth and Stu Turley have way too much fun today. 1. Canadian Pipeline Proposals The hosts discuss two major pipeline initiatives: Trans Mountain Pipeline expansion: A third pipeline is being added to the existing route with government and private partnerships, including undisclosed Indigenous partners. It’s facing environmental litigation over port dredging. […]

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Jack Prandelli stops by the Energy News Beat Global Oil and Gas Markets Update

Clark Savage88

You won’t want to miss this episode with Jack Prandelli from Switzerland. As an international trader and Substack Author, Jack has been on target with his articles on global oil and Gas Markets. Check out The Merchant’s News : https://themerchantsnews.substack.com/ Follow Jack on X @jackprandelli Connect with Jack on LinkedIn: https://www.linkedin.com/in/prandelligiacomo/ Add Free for our SubStack Subscribers. Jack Prandelli […]

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Iranian Strikes on Tankers in the Strait of Hormuz Heighten Global Energy Security Risks

Clark Savage110

Tensions in the Strait of Hormuz escalated sharply this week with two reported attacks on commercial vessels, underscoring the vulnerability of one of the world’s most critical energy chokepoints. On June 25, the Singapore-flagged container ship M/V Ever Lovely (operated by Taiwan’s Evergreen Marine) was struck by what U.S. officials described as an Iranian drone […]

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