Energy Security News

Energy security news: sanctions, supply disruptions, chokepoints such as Hormuz and Suez, strategic reserves and the geopolitics of energy.

Top in this section
Iran Says Four Tankers Hit by Mines Near Strait of Hormuz

Iran Says Four Tankers Hit by Mines Near Strait of Hormuz

Iran's Islamic Revolutionary Guard Corps (IRGC) said on Wednesday that four oil tankers were destroyed after striking mines while using what it called a "prohibited...

Top in this section
IEA Warns Global Gas Crunch Could Last Into 2027

IEA Warns Global Gas Crunch Could Last Into 2027

The International Energy Agency said on November 3 that the global natural gas market could remain tight well into 2027, after the Strait of Hormuz...

Top in this section
Iraq’s Oil Exports Through Turkey’s Ceyhan Port Climb to 500,000 Barrels a Day

Iraq’s Oil Exports Through Turkey’s Ceyhan Port Climb to 500,000 Barrels a Day

Iraq has raised crude oil exports through Turkey's Mediterranean port of Ceyhan to around 500,000 barrels per day (bpd), up from about 350,000 bpd, according...

Top in this section
Brent Settles at a Six-Month High as Hormuz Tanker Attack Caps Fourth Monthly Gain

Brent Settles at a Six-Month High as Hormuz Tanker Attack Caps Fourth Monthly Gain

Brent crude finished October at its highest level in six months. The expiring December futures contract settled on Friday, October 30, up 2.4% at $117.64...

Top in this section
DOE Designates Helium a Critical Material, Citing Semiconductor Supply Risk

DOE Designates Helium a Critical Material, Citing Semiconductor Supply Risk

The US Department of Energy designated helium a critical material on October 23, invoking authority under the Energy Act of 2020 to flag the gas...

Top in this section
US Energy Department Puts $42 Million Toward Reviving the Constitution Pipeline

US Energy Department Puts $42 Million Toward Reviving the Constitution Pipeline

The US Department of Energy said October 19 it will provide up to $42 million in Defense Production Act (DPA) Title III funding to support...

Top in this section
Japan’s Trade Deficit Nearly Doubles as Hormuz Crisis Inflates Energy Bill

Japan’s Trade Deficit Nearly Doubles as Hormuz Crisis Inflates Energy Bill

Japan posted a trade deficit of $17.8 billion (2.82 trillion yen) for the April-September period of its fiscal year, nearly double the shortfall recorded over...

Top in this section
UK Approves Adura’s Jackdaw Gas Field After Two-Year Court Fight

UK Approves Adura’s Jackdaw Gas Field After Two-Year Court Fight

The North Sea Transition Authority has granted final consent for the Jackdaw gas field, letting the Shell-Equinor venture Adura begin supplying gas within weeks after...