In a remarkable turnaround for Venezuela’s beleaguered oil sector, crude exports surged in February 2026, doubling from January levels amid a U.S.-supervised deal that has reshaped the country’s energy trade. This development not only boosts volumes but also enhances revenue, marking a shift from the discounted, shadow-market sales that dominated under previous sanctions. As the […]
The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the Gulf of Oman, remains one of the world’s most vital energy arteries. In 2024, approximately 20 million barrels per day (b/d) of crude oil, condensate, and petroleum products transited this chokepoint, representing about 20% of global petroleum liquids consumption. Additionally, around one-fifth […]
In a landmark transaction shaking up the utility and power generation sector, a consortium led by BlackRock’s Global Infrastructure Partners (GIP) and Swedish private equity firm EQT AB has agreed to acquire AES Corporation for $15 per share in cash. This deal values AES at a total equity of $10.7 billion and an enterprise value […]
In a dramatic escalation of tensions in the Middle East, QatarEnergy, the world’s largest liquefied natural gas (LNG) exporter, announced on March 2, 2026, a complete halt to its LNG production following Iranian drone strikes on key facilities. This decision, prompted by attacks on the Ras Laffan Industrial City and Mesaieed Industrial City—home to the […]
The 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 […]
The escalating conflict between the United States, Israel, and Iran, marked by military strikes and retaliatory actions, has thrust the global oil market into turmoil. As of March 1, 2026, Iran’s threats to close the Strait of Hormuz—a narrow waterway handling about 20% of the world’s oil trade—have already led to voluntary halts in tanker […]
As oil traders brace for the opening of markets on Monday, March 2, 2026, the escalating conflict between the United States, Israel, and Iran is shattering the prevailing narrative of an oil glut. For months, analysts have pointed to oversupply concerns, with Brent crude averaging around $63.85 per barrel in forecasts just days ago. But […]
ENB Pub Note: This article is from Andrew Korybko’s Newsletter on Substack. There are many moving parts to the Iran conflict, and this article addresses a critical one. Watch in the coming weeks and see if the Venezuelan Monetary Controls are placed into effect in Iran, and you will see a key financial win for […]
ENB Pub Note: This is a huge story. I just interviewed Katy Grimes last Thursday. It seems like California is intentionally trying to undermine energy security. This is a National Security issue and needs attention from the Trump Administration. California’s Energy Crisis A Rogue State Threatening National Security By Katy Grimes, California Globe, An energy […]
President Trump’s rallying cry of “Drill baby Drill” has become a staple of his energy policy, emphasizing aggressive expansion of domestic fossil fuel production. Yet, the true engine behind the U.S. shale revolution over the past decade hasn’t been unchecked drilling—it’s been a story of fiscal responsibility, operational efficiency, and strong leadership within the industry. […]
