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