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Tag Archives: economic sanctions
Rationing Looms As Diesel Crisis Goes Global
Rationing Looms As Diesel Crisis Goes Global Russian refiners cut processing rates of diesel fuel. Already tight diesel supply is getting even tighter. Vitol’s chief executive Hardy: diesel supply shortage could trigger rationing in Europe Earlier this week, Vitol’s chief Russell Hardy warned that a diesel shortage could trigger fuel rationing in Europe. Now, those […]
“Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders
“Gas Stations Will Run Dry”: Catastrophic Scenario For Diesel Emerging According To World’s Biggest Energy Traders While the world has been obsessively focused on crude oil and gasoline in recent weeks, we instead alerted readers to a far more dire scenario playing out in diesel, a source of energy which is absolutely critical in keeping […]
World War III is here, but it’s not what we expected
World War III is here, but it’s not what we expected Movies and books have often portrayed World War III as either the final chapter of the human epoch or as a new but primitive restart for those who survive the nuclear conflagration. We cannot know if such prophesies will ultimately come true. For now […]
After the Ukraine Invasion: Sobering New Global Energy-Economic-Political Terrain
After the Ukraine Invasion: Sobering New Global Energy-Economic-Political Terrain Russia’s invasion of Ukraine, and the West’s response, are ushering the world into a new energy, economic, and political era. In broad outline, this new era will have less-globally-integrated energy markets, and less-secure supplies of fossil fuels. Since energy is the irreducible basis of all economic […]
US Effectively Declares World War III Starting with Russia
US Effectively Declares World War III Starting with Russia World peace is created by economic opportunity. That is how the Roman Empire flourished for 1,000 years. They conquered much of North Africa during the Punic Wars. They conquered Greece and the East during the days of the Republic. Yes, they conquered all of Europe under […]
Opinion: Energy disruptions are now inevitable and most likely imminent — here are all the ways that could happen
Opinion: Energy disruptions are now inevitable and most likely imminent — here are all the ways that could happen Pick your poison, but the end result is the same: Russian oil and natural gas will fall offline Will the lights go out? More has gone horribly, horribly wrong in European-Russian affairs in the last week than […]
“The Market Is Starting To Fail”: Buyers Balk At Russian Oil Purchases Despite Record Discounts, Sanction Carve Outs
“The Market Is Starting To Fail”: Buyers Balk At Russian Oil Purchases Despite Record Discounts, Sanction Carve Outs While in their unprecedented broadside of sanctions on Russia, the U.S. and Western allies went out of their way to spare Russian energy shipments and keep economies humming and voters warm, the oil market has gone on […]
Biden Presses Reluctant German Chancellor On Halting Nord Stream 2, Imposing Russia Sanctions
Biden Presses Reluctant German Chancellor On Halting Nord Stream 2, Imposing Russia Sanctions Macron was in Moscow in talks with Putin, and German Chancellor Olaf Scholz was in Washington meeting with Biden on Monday. Despite Germany lately coming under heavy criticism from the more hawkish corners of the NATO alliance for its less than muscular response to the […]
UK Threatens Russia With ‘High Impact’ Sanctions Over Ukraine
UK Threatens Russia With ‘High Impact’ Sanctions Over Ukraine NATO foreign ministers are meeting Friday to discuss Ukraine On Thursday, British Foreign Secretary Liz Truss warned Russia that the UK is working on “high impact” sanctions Western powers could implement over allegations that Moscow is plotting to invade Ukraine. “The UK is working with our partners on these […]
US to Help Ukraine Strengthen Border With Russia, Belarus
US to Help Ukraine Strengthen Border With Russia, Belarus The US will pay about $20 million for video recording systems, drones, and equipment for border guards Ukraine’s border service said on Tuesday that the US will finance projects to strengthen the country’s borders with Russia and Belarus. The border service said the US will spend about […]
Nord Stream 2 Operator Warns Warships and Planes Threaten the Russia-Germany Pipeline Project
Nord Stream 2 Operator Warns Warships and Planes Threaten the Russia-Germany Pipeline Project The US is trying to prevent the project from being completed through sanctions and pressure on Germany. A senior official from Nord Stream 2 AG, the project company leading the Nord Stream 2 Russia to Germany natural gas pipeline project, has reported an […]
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise?
What To Expect From Today’s OPEC+ Meeting: Another Saudi Surprise? After Wednesday’s JMMC meeting ended without reaching a recommendation (as is customary and expected), the key decision-making OPEC+ meeting – where ministers will hammer out May’s output quotas – begins at 1pm London Time. As Newsquawk notes, market expectations are skewed towards an extension of current cuts, […]
US Expands Nord Stream 2 Sanctions As Germany Vows Pipeline Completion “Not If, But When”
US Expands Nord Stream 2 Sanctions As Germany Vows Pipeline Completion “Not If, But When” Secretary of State Mike Pompeo has long vowed he’ll “do everything” to stop Nord Stream 2, last month indicating the US is building a coalition of countries to fight against it, given Washington sees it as a massive compromise to Russia, giving it […]
Iran Says It Chased Off US Spy Plane During Large-Scale Hormuz Exercises
Iran Says It Chased Off US Spy Plane During Large-Scale Hormuz Exercises On Friday the AFP reported on some surprising statement from Iran’s military, which however remains unconfirmed from the US side: The Iranian navy on Friday said it drove off American aircraft that flew close to an area where military exercises were underway near the Strait […]
