US Imposes New Sanctions Against Iran, Claiming ‘Nuclear Escalation’
By Jason Ditz The US State Department has announced, as threatened earlier this month, a new round of sanctions against Iran, claiming it was the…
By Jason Ditz The US State Department has announced, as threatened earlier this month, a new round of sanctions against Iran, claiming it was the…
By Michael Snyder This month, rumors about the petrodollar have spread like wildfire all over the Internet. Some of what is being said is true,…
By Michael Snyder Can you imagine paying seven dollars for a gallon of gasoline? It could soon happen, because it appears that Israel is about…
By Roger D. Harris Even the US business magazine Forbes expressed surprise at the reimposition of US sanctions on Venezuela’s gold sales and its threat…
Authored by Rystad Energy via OilPrice.com, Political changes in over 70 countries will impact oil markets and renewable energy policies. Natural gas and hydrogen will…
By Nick Giambruno The Strait of Hormuz is a narrow strip of water that links the Persian Gulf to the rest of the world. It’s…
By Michael Snyder The only way that we can continue to have cheap food is if we have cheap energy. We use energy to grow…
By Tyler Durden JPM’s boss summed shit up succinctly: “This may be the most dangerous time the world has seen in decades,” Jamie Dimon said…
By Stefan Gleason Crude oil futures shot up over the weekend while gold prices gained and global stock markets teetered ahead of U.S. markets opening…
By Tyler Durden Shell, Europe’s largest oil company, has quietly shelved the world’s largest corporate plan to develop carbon offsets, after CEO Wael Sawan laid…
By Dave DeCamp Saudi Crown Prince Mohammed bin Salman warned the US would suffer economic consequences if President Biden retaliated for OPEC oil cuts that…
By B.N. Frank Fracking has been and continues to be associated with causing significant biological and environmental harm (see 1, 2, 3, 4). Despite this,…
By Ryan McMaken On January 17 the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies…
By Dave DeCamp Russia on Saturday rejected the EU’s decision to impose a price cap on Russian oil for $60 per barrel and warned it…