The Strait of Hormuz remains effectively closed amid the ongoing U.S.-Israel conflict with Iran, halting nearly all tanker traffic through the critical chokepoint that normally carries about 20% of global oil and LNG trade, along with roughly 5 million barrels per day (mbd) of refined petroleum products. JP Morgan Commodities Research has modeled the ripple […]
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As energy security concerns mount amid ongoing disruptions in the Middle East, several nations are reversing course on coal phase-outs and ramping up existing coal-fired power plants. Japan is the latest example, with the government preparing emergency measures to lift restrictions on older coal facilities for the fiscal year starting April 2026. This move comes […]
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The global energy domino is falling fast — and it is carving the world into two stark categories: nations with enough fuel buffers, refining muscle, and diplomatic leverage to ride out the storm, and those staring down fuel rationing, failed harvests, and economic free-fall. One month into the Iran war, the closure of the Strait […]
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U.S. energy firms pulled back drilling activity for the second straight week, with the Baker Hughes rig count falling 9 rigs to 543 total active rigs for the week ending March 27, 2026. This marks the sharpest single-week decline since early 2026 and leaves the U.S. count down 49 rigs (8.3%) from the same week […]
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TankerTankers.com on X posted great stats on Kharg Island for Iranian Exports. Now that many of you have heard about Kharg Island, Iran, here are some interesting oil-related facts: – The island itself doesn’t produce oil. There is oil that pipes in from its offshore fields, but most of the oil comes from the oilfields […]
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With fertilizer shortages driving up input costs and an ongoing energy crisis squeezing every link in the fuel supply chain, America’s decades-long experiment with corn-based ethanol is under fresh scrutiny. The Renewable Fuel Standard (RFS) still mandates roughly 15 billion gallons of conventional (corn) ethanol blending annually, supported by new tax credits such as the […]
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Toyota Motor North America today announced a major $1 billion investment across its manufacturing facilities in Kentucky and Indiana. This strategic expansion targets increased production of the popular Grand Highlander SUV while accelerating preparations for new battery electric vehicles (BEVs) at its flagship Kentucky plant. The move is the latest step in Toyota’s November 2025 […]
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Russia’s two largest oil export terminals on the Baltic Sea — Primorsk and Ust-Luga — have suspended all crude oil and petroleum product loadings following a series of intense Ukrainian drone attacks this week. The shutdowns represent one of the most severe disruptions to Russian energy exports in modern history and come amid escalating Ukrainian […]
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Southern Nevadans are paying over $5 a gallon for gas — and Congresswoman Susie Lee wants you to believe it’s all because of “Trump’s war.” In a now-viral X post, Rep. Lee (D-NV) claimed: “Southern Nevadans are now paying over $5/gallon for gas because of Trump’s war. We need to lower costs for hardworking families. […]
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Ron Gusek, CEO of Liberty Energy, stops by the Energy News Beat Podcast. This was a lot of fun with Ron as we covered his latest earnings reports from Liberty Energy, and the exciting direction for Liberty in the AI and Data Center space. In fact, as we were talking, I got the idea to […]
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