In a stark warning delivered at S&P Global’s Middle East Petroleum & Gas Conference in London, Vitol board member Tom Baker pulled no punches: “In Europe and I think in the US, everyone is kind of asleep at the wheel and just carrying on life as normal.” Vitol, one of the world’s largest independent oil […]
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Stu Turley here from the Energy News Beat Podcast. For years on this show, we’ve been hammering home a core truth: energy policy is destiny. Affordable, reliable, abundant energy drives manufacturing, jobs, investment, and GDP growth. Ideological Net Zero pursuits that ignore reality — spiking costs, killing baseload power, and forcing deindustrialization — deliver the […]
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Energy News Beat Special Report – March 2026 Escalating conflicts have turned oil refineries into strategic targets worldwide. Ukrainian drone campaigns continue to hammer Russian facilities, while the 2026 Iran war (U.S.-Israeli strikes on Iran and Iranian retaliation across the Gulf) has triggered widespread damage to refineries, terminals, and related gas infrastructure in Saudi Arabia, […]
Continue ReadingThe escalating conflict between the United States, Israel, and Iran has sent shockwaves through global energy markets, particularly affecting refined oil products like diesel, gasoline, and jet fuel. As of March 2, 2026, the war—now in its third day—has led to sharp price surges, disruptions in tanker traffic through the Strait of Hormuz, and heightened […]
Continue ReadingIn a move that could reshape the geopolitical landscape of the Middle East and South Asia, Saudi Arabia and Pakistan have formalized a mutual defence agreement, binding the two nations in a pact that treats an attack on one as an attack on both. Signed on September 17, 2025, in Riyadh, this \”comprehensive defensive agreement\” […]
Continue ReadingWeekly Daily Standup Top Stories What Will Happen to the Strait of Hormuz and Oil? Iran’s Threat and Its Global Impact Will Iran retaliate after the U.S. strikes on their nuclear program? Banks Drop the Climate Pretense and Follow the Money: A Shift Back to Fossil Fuels June 22, 2025 Clark Savage The global energy landscape […]
Continue ReadingIn this episode of Energy Newsbeat – Conversations in Energy, Stuart Turley and Wasif Latif discuss the impact of geopolitical tensions, particularly the escalation in the Middle East, on the commodities market. They explore the potential effects of supply disruptions, such as a shutdown of the Strait of Hormuz, on oil and natural gas prices, […]
Continue ReadingDaily Standup Top Stories The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook June 23, 2025 Clark Savage On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. […]
Continue ReadingThe past twelve days have seen an unprecedented escalation in tensions between Israel and Iran, dubbed the \”12-Day War,\” with significant implications for global energy markets and geopolitical stability. On June 23, 2025, U.S. President Donald J. Trump announced a \”Complete and Total CEASEFIRE\” between the two nations, raising hopes for a de-escalation of hostilities. […]
Continue ReadingThe global energy market is reeling from an unexpected shock that has sent Brent crude prices soaring toward $80 and potentially beyond. Just weeks ago, analysts were forecasting an oversupplied oil market with Brent averaging around $60. The International Energy Agency (IEA) and commodity experts were confident in a stable, if not bearish, outlook. But […]
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