Energy & Oil

Physical Crude at $150 While Futures Say $97: The Market’s Verdict on Hormuz Is Already In

Physical Crude at $150 While Futures Say $97: The Market’s Verdict on Hormuz Is Already In

OPEC Voted to Add 206,000 Barrels a Day. The Market Didn’t Even Blink.

OPEC Voted to Add 206,000 Barrels a Day. The Market Didn’t Even Blink.

Goldman’s $90 Q4 Brent Forecast Is $18 Below Saudi Break-Even

Goldman’s $90 Q4 Brent Forecast Is $18 Below Saudi Break-Even

Saudi Arabia Lost Its Swing-Producer Crown to a War It Wanted

Saudi Arabia Lost Its Swing-Producer Crown to a War It Wanted

Houthis Strike Russian-Oil Tanker as Araghchi Flies to Moscow

Houthis Strike Russian-Oil Tanker as Araghchi Flies to Moscow

Goldman’s “Sloppy Peace” Is Saudi Arabia’s Fiscal Trap, Not Its Exit

Goldman’s “Sloppy Peace” Is Saudi Arabia’s Fiscal Trap, Not Its Exit

Houthi Dual-Vessel Attack Closes Saudi Arabia’s Last Open Export Route

Houthi Dual-Vessel Attack Closes Saudi Arabia’s Last Open Export Route

Iran Banks First Hormuz Toll Revenue at Central Bank

Iran Banks First Hormuz Toll Revenue at Central Bank

How Iran Is Building the Houthis a Red Sea Toll Mechanism — and Why That Locks Saudi Arabia Out of Both Export Routes

How Iran Is Building the Houthis a Red Sea Toll Mechanism — and Why That Locks Saudi Arabia Out of Both Export Routes

Both Sides of Hormuz Are Now Blocked and Neither Will Blink First

Both Sides of Hormuz Are Now Blocked and Neither Will Blink First

Iran’s Wellhead Overflow Crisis Hits Its Deadline — and the Damage Is Now Permanent

Iran’s Wellhead Overflow Crisis Hits Its Deadline — and the Damage Is Now Permanent

Iran’s Oil Storage Just Hit the Wall

Iran’s Oil Storage Just Hit the Wall