Economics
Energy
Economics
Larry C. Johnson: Even If the Strait of Hormuz Opens, the Damage to the Persian Gulf Energy Infrastructure is Enormous
However, let’s assume that an agreement is reached on Friday and that oil and LNG tankers are allowed to exit the Gulf via the Strait of Hormuz. Even if a deal is struck, it will […]
Economics
The Cradle: India’s imports of Russian oil hit all-time high despite US tariff threat
New Delhi’s record Russian oil imports come as Washington advances legislation that could impose up to 100 percent tariffs on countries buying crude Read Article HERE (Photo Credit: Indian Oil Corp)
Economics
Alastair Crooke – Tensions flicker into flame, lapping across the Middle East
The best Trump can do is to stop the conflicts agglutinating into one global war. Alastair Crooke is a former British diplomat, founder and director of the Beirut-based Conflicts Forum Cross-posted from the Stategic Culture […]
Economics
Larry C. Johnson: Refinery Configuration Matters—But Markets Matter More
In a major disruption, the challenge facing Gulf Coast refiners would not be an inability to process heavy sour crude. It would be the escalating cost of acquiring the heavy sour crude upon which that […]
Energy
Palestine Chronicle: US-Owned LNG Facility Catches Fire in Egypt as Drone Strike Investigated
A fire engulfed two LNG vessels at Egypt’s Damietta Port after a reported drone strike on a US-owned floating gas facility. Read Article HERE A fire engulfed two LNG vessels at Egypt’s Damietta Port. (Photo: […]
Energy
Energy
Palestine Chronicle: Iran Warns Countries Using Frozen Assets: Your Ships Won’t Cross Hormuz
Iran warned countries and companies accepting compensation from its frozen assets that their vessels will be barred from the Strait of Hormuz. Read Article HERE Brigadier General Ebrahim Zolfaqari, spokesman for Iran’s Khatam al-Anbiya Central […]
Economics
Energy
Larry C. Johnson: Did Trump TACO Again on Iran? Why?
I fully expected that Trump would deliver on his vow to open the Gates of Hell on Iran. All the warning indicators were flashing red: i.e., Europeans were closing their embassies in Tehran and evacuating […]