Rory Johnston - Latest News and Information
These "oil and gas are in everything" graphics are about to get very real super quick for a lot of people. https://t.co/E0aKS1NR3z
I continue to expect crude prices to grind $2-3/bbl higher every day that the Strait of Hormuz remains closed. But if you start playing energy facility tit for tat that trend starts getting some step-change bumps real quick.
If Hormuz isn’t open in 48 hours Trump says he’ll start hitting Iranian power plants. https://t.co/HQZe2Sax7l
Iran War basically done. Or it’s only just beginning. Definitely one of the two… … or neither. https://t.co/nwQPF9aQYG
How it feels watching the Iran War, Hormuz stoppage, and the still-so-sanguine global market reaction as the world economy just rolls into calamity. https://t.co/2S9HlfVhPt
> Israel will escalate. > Probably hit some energy stuff. > Iran will counterattack against other Gulf energy stuff. > Prices will spike. > Trump will say he had no idea about the energy attacks > Israel will say they won’t do it again > Prices...
(5) Protecting, at the highest level**, our Middle Eastern allies **imploding regional security, upending the global petroleum industry and shipping on which they rely, and—in best case scenario—ending the war in a politically unstable stalemate that’s sure to unravel again soon...
🛢️ OIL & IRAN WAR CONTEXT WEEKLY 🛢️ Crude rose in further fits and starts as the Iran War stretches into its 4th week and belligerents escalate to attacks on upstream infrastructure that have already wrought durable supply losses. Summary below, link...
On the latest episode of the Oil Ground Up podcast, I was joined by my good friend @matthewmreed to discuss how the hell the Iran War could actually plausibly end I’ve been pretty open in my belief that Trump needs to...
If true (BIG if), this might help avoid further escalation against upstream assets—which is good, because this can still get so, so much worse. But at its core, the Hormuz stoppage is a crisis of lost time—and we’re still no closer...
Had the opportunity to speak alongside @ExnerPirot and Bob Yawger of Mizuho about the Iran War, the largest energy supply shock in history, and what it all means for Canada on @therundowntvo. Airs tonight on TVO at 8pm ET. https://t.co/XJgEE8PqMA
*US WILL NOT IMPLEMENT CRUDE EXPORT BAN: POLITICO ... OK, so how about refined products? I've been saying up 'till now that they're going to be tempted to restrict trade, but that I thought they'd be more likely to restrict refined products...
Trump-defending reply-guys shifting from "this is fine, Trump said this will wrap quick, stop being a panican" to "idiot, the US is the world's largest oil producer—this was obviously always the plan to flex on China and Europe" Not a great sign re:...
2 main re-routing avenues available to Gulf oil producers are: 1. Saudi East-West line 2. UAE's pipe to Fujairah As of yet, we're seeing ~half of what we hope will be the 4-5 MMbpd of East-West flow. And virtually nothing extra from Fujairah. Theoretical vs...
"Global airlines sounded the alarm ... over soaring jet fuel prices triggered by the US-Israeli war against Iran, warning of hundreds of millions of extra costs, higher fares and cuts to some routes." Delta fuel costs up by $400mn for March...
