Why the Real Oil Crisis Hasn’t Started Yet
It’s been a month since the Strait of Hormuz was effectively closed, and the “shockwave” of higher prices…
Brussels says Europeans should consider traveling less to avoid energy shortages – POLITICO
That could mean governments asking citizens to drive or fly less to save fuel for more essential purposes,…
Russia Drops Budget Cut Plans as Oil Price Surge Boosts Revenues – Bloomberg
The Russian government has dropped plans to cut budget spending as surging crude prices and eased sanctions amid the…
Trump’s ‘God Squad’ Will Weigh Gulf Oil Drilling Against the Survival of Endangered Whales and Turtles
The Trump administration is turning to the nuclear option on endangered-species protections in the name of national security.…
Recession a “real risk” after 4 weeks of war in Iran
Saturday is March 28. That’s not a particularly significant day on the calendar, except that it marks four…
Trump’s war in Iran is costing the U.S. economy 10,000 jobs a month, Goldman Sachs says
The U.S. military conflict with Iran is quietly draining the American labor market, with Goldman Sachs estimating that…
Oil and gas activity rises amid elevated uncertainty
First Quarter | March 25, 2026 Oil and gas activity rises amid elevated uncertainty What’s New This Quarter…
Shock to global oil market roughly 3 times bigger than 1970s crisis
On Monday, the 24th day of the U.S. and Israel’s war in Iran, International Energy Agency executive director…
Iran oil crisis is the worst energy shock ever recorded. World leaders aren’t ready, says IEA chief
The oil crises of the 1970s prompted a range of policy changes that still exist today. For one,…
The great toilet paper panic is back as Japan starts stockpiling
As the U.S.-Israeli-Iran conflict rattles oil markets, Japanese consumers are stockpiling toilet paper—a product with no connection to…
The Energy Trilemma Matters More Than Ever
With events in the Middle East once again disrupting global energy markets, we need to revisit one of…
Oil shocks could trigger a private credit crisis
Those whose memories stretch back to 2008 will remember that second-order effects can be just as lethal as…