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Russia is set to suspend oil transit from Kazakhstan to Germany through the Druzhba pipeline on May 1, 2026, amid escalating geopolitical tensions over the Ukraine conflict. Summary Industry sources report that Russia will block Kazakh oil exports destined for German refineries, specifically targeting the northern leg of the Druzhba network. This move disrupts a critical alternative supply route Germany established to reduce dependence on Russian crude. The decision follows a period of frayed political relations and represents a significant escalation in the use of energy infrastructure as a geopolitical lever. Market participants are now bracing for supply tightening at...

President Donald Trump pushed back Monday on his own energy secretary's claim that a return to $3-a-gallon gas will not come through the end of the year. "No, I think he’s wrong on that, totally wrong," Trump told The Hill on Monday, when asked about Energy Secretary's Christopher Wright's interview with CNN's "State of the Union" on Sunday. Trump remains steadfast in his conviction that gas prices in America are going to drop precipitously "as soon as this ends," referring to the oil blockade in the Strait of Hormuz... "The blockade is very powerful, very strong," Trump added to The...

Ukraine's President Volodymyr Zelensky has condemned a US decision to extend the period during which Russia is allowed to sell oil despite Western sanctions. The move means countries can purchase Russian oil and petroleum products already loaded on vessels at sea until 16 May. The US argues that the waiver is meant to ease the energy supply crunch sparked by the US-Israel war with Iran. But in his remarks on Sunday, Zelensky said "every dollar paid for Russian oil is money for the war" in Ukraine. Widespread sanctions have been in place against Russia since President Vladimir Putin launched his...

ArchivedCLIFFORD KUPCHAN is a director at Eurasia Group, a political risk consulting firm.IRAN’S KEY ALLY in the current nuclear crisis is not Russia or China. It’s oil. Tehran can easily drive up prices and is already beginning to do so to rattle the West. As the crisis escalates, Washington’s diplomatic partners will become gravely worried about their energy supplies. In the end, Iran’s petro power will probably trump Western diplomacy. Just look at what’s happening: Tehran’s bravado announcement April 11 that it had mastered key nuclear technology drew censure from world capitals. But it also drove oil prices to more...

The European Union’s energy commissioner is asking people in the bloc to drive less, work from home and implement other measures to lower the demand for oil and gas as the Iran war strains energy supplies. The EU is asking its member states to implement the International Energy Agency’s 10-point plan to reduce global oil demand, said Dan Jørgensen, the EU’s energy commissioner, during a press conference on Tuesday. “Since the beginning of the conflict in the Middle East, prices in the EU have risen by around 70 per cent for gas and by 60 per cent for oil,” he...

By ignoring all the bright thinkers and conventional analyses the President’s genius strategy has placed us in the driver’s seat. We are now the world’s top source of oil and gas and control major distribution flows of petro supplies from around the world. Despite the best efforts of those who would utilize the preposterous climate change scare to control us and depopulate the world, petroleum still rules world economies. About 80% of all world energy is petro-based -- it fuels industrial and agricultural production along with transportation. Constricting supplies causes all prices to rise -- the inflationary effects are well-known...

Several Trump administration officials helped break ground on a new natural gas pipeline in New York that could be an energy grid saver for millions who have suffered from the impact of stupid Democrat energy policies.The 2019 New York Climate Act is driving up fuel and energy prices in the blue state and setting it up for rolling blackouts and grid reliability collapse. Obviously, Democrats will never solve the problems they caused, so it is up to the Trump administration to take action, as it is doing. Energy Secretary Chris Wright declared in an April 14 press release, “For decades,...

The largest oil shock in history caused prices to surge. Now they're so high that they may be causing "demand destruction." That would mean slower economic growth. Oil prices have started to slip — but not necessarily for reasons that suggest a return to market normalcy. The International Energy Agency said Tuesday that “demand destruction” has begun to unfold. As a result of the acute energy commodity shortages stemming from the closure of the Strait of Hormuz, oil appears to have reached a point where it is now so expensive that overseas businesses and households have begun curbing investment and...

"The move to besiege the Strait of Hormuz and the Iranian coasts is expected to paralyze China energetically and economically within a short time, and it is possible that this is the central logic behind the move." (From the study by Adam Kraft and international researchers). The American blockade of Iranian coasts and the Strait of Hormuz has placed the Chinese economy in a precarious position. A new study by a former U.S. national security official warns that without regular supplies, China's oil reserves could run dry as early as June. The Depth of Chinese Dependency China is currently the...

Households will be called on to boost their consumption of Great Britain’s record renewable energy this summer to help balance the power grid and lower energy bills. Under the new plans, people could be encouraged to run dishwashers and washing machines or charge up their electric vehicles when there is more wind and solar power than the electricity grid needs. The plan will be delivered with the help of energy suppliers, which may choose to offer heavily discounted or free electricity to their customers during specific periods when the energy system operator predicts there will be a surplus of electricity....

.BREAKING: 🇸🇦 Saudi Arabia fully restores East-West oil pipeline, bypassing the Strait of Hormuz and pumping 7,000,000 barrels per day. Saudi Arabia says it needs no more strait of Hormuz.

TRUMP BOOM: Asian buyers are abandoning Middle Eastern oil & lining up 28 supertankers to carry US crude in May alone. Normal bookings at this point: 5. US Gulf Coast exports hit a record 4.90 million barrels a day in April. Trump's energy dominance is not a talking point. It is a shipping manifest. h/t @KobeissiLetter

Investors around the globe on Wednesday cheered what appears to be the beginning of the end of the military clash between the U.S. and Iran, sending stocks higher and government bond yields lower. Oil prices plunged on the promise that the Strait of Hormuz may soon be open for shipping.The Dow Jones Industrial Average was up by 1,000 points by midday, a 2.3 percent gain. The S&P 500 rose 2.1 percent. The Nasdaq Composite climbed 2.6 percent. Stocks had been even higher earlier in the morning but pared gains as reports on ongoing missle strikes and a drone attack on...

Published in the April 3 edition of the Santa Fe New Mexican. Below text from NMOGA website I grew up in Carlsbad. I went away for college, but I came back as quickly as I could. Coming home was always the goal, and I’m proud to be back. I love this state. I love its people, its landscape and its stubborn independence. The oil and gas industry I represent is made up of people just like me: New Mexicans who were born here, who raised families here, who chose to build their lives and livelihoods here. So, I’ll confess that...

While Washington has been trying to reduce Iran's oil exports to zero with heavy sanctions for years, these sanctions have been thwarted by a key factor: China. A country that has injected billions of dollars into Tehran's economy with the massive purchase of Iranian oil and has become the main pillar of the Islamic Republic's financial sustainability. At the same time, ideas such as acquisition of Iranian oil by Donald Trump have been proposed, which is more than practical, it is a reflection of geopolitical competition with Beijing. «maximum pressure policy » America is designed with the aim of completely...

American multinational energy corporation Chevron is now importing an average of 250,000 barrels of Venezuelan crude oil per day into the United States, the BBC reported Tuesday.According to recent reports, Venezuela’s monthly crude oil exports have once again surpassed one million barrels per day. Andy Walz – president of downstream, midstream, and chemicals at Chevron – confirmed to the BBC that the company is importing the equivalent a quarter of a million barrels of Venezuelan oil per day. The BBC detailed that the crude oil tanker Minerva Gloria recently docked at a wharf in the Mississippi sound, carrying 400,000 barrels...

Energy Secretary Chris Wright said the Biden administration was driving energy systems "into a ditch" through massive subsidies to unreliable sources like solar power and draining the Strategic Petroleum Reserve. Wright appeared with his wife, Liz, on "The Katie Miller Podcast" Tuesday, where he criticized former President Joe Biden's energy policies for having a profound effect on the rest of the country. "If you get energy wrong, you destroy your society," Wright said. "Another reason I think President Trump won, you know, the Biden administration literally wanted to drive our energy system into the ditch," he added. "Just outrageous. We,...

Orbán Viktor@PM_ViktorOrbanA severe energy crisis is approaching, accelerating day by day. The European economy is threatened by energy shortages and, as a result, rising prices.This morning, I discussed our next steps with Prime Minister @RobertFicoSVK. April 4, 2026

There’s no doubt that oil prices have gone up since the war began. However, there’s also no doubt that they’re nowhere near as high as they’ve been in the not-so-distant past, including just a few short years ago during Joe Biden’s presidency. In California, as well, the prices far exceed those of any other state. ChatGPT collated the prices for me:AdvertisementHow in the heck did California’s fuel prices get so high?AdvertisementAn essay at the Marin Independent Journal provides some insight for its local readers, leading with the equivalent of “it’s mostly Trump’s fault.” However, what struck me about the essay...

President Donald Trump oversaw record levels of domestic energy production in 2025, including close to a billion barrels of offshore oil, according to the Department of the Interior.Last year saw a record of 714 million barrels of offshore oil produced, according to a press release from the Interior Department. Interior Secretary Doug Burgum underscored that the United States is tapping into its true energy potential.“President Trump has made it clear that America should fully develop its abundant energy resources in a way that strengthens our economy and benefits American families,” Burgum said in a statement.“By providing regulatory certainty, streamlining processes...