Today's Energy Pulse
Oil prices tumble over 5% after Rubio backs Iran talks
Crude prices dropped more than 5% following Senator Marco Rubio's comment that the United States will give Iran every chance to succeed in negotiations. The slide pushed WTI below $89 a barrel as markets priced in renewed hopes for a diplomatic deal.
Also developing:
The Iran War Is Changing How Millions of People Cook — and What They Eat
India, the world’s second‑largest LPG importer, faced a sudden cooking‑gas shortage after the Iran‑U.S. conflict forced the closure of the Strait of Hormuz, choking Middle‑Eastern LPG flows that supply about 90% of its imports. Prices in Delhi spiked roughly 600%, pushing households like driver Subhash Kapoor to pay three times the usual price or turn to the black market. Restaurants, school cafeterias and street vendors have cut menus or closed, while wealthier consumers scramble for induction stoves despite unreliable electricity. The crisis is prompting a regression to firewood and charcoal, raising health and nutrition concerns for millions.
EXIM Rubber-Stamps over $2 Billion for US LNG Export to Egypt
The Export‑Import Bank approved more than $2 billion in export‑credit‑insurance to back U.S. liquefied natural gas shipments to Egypt, covering contracts scheduled for 2026‑27. The authorization removes financing barriers for Hartree Energy’s deals with Egypt’s EGPC and aligns with the administration’s...
Electrification Alone May Not Shield Firms From Gas-Linked Prices
Electrification initiatives are increasingly vulnerable because U.S. electricity prices remain closely linked to natural‑gas markets and grid constraints. Companies that assumed solar and storage would fully insulate them from fossil‑fuel price swings are seeing costs rise in tandem with gas....
Baltic Attacks Slash Russia’s $970 M Windfall From Oil Exports
“Moscow’s windfall profits from the Iran war remain high as Brent crude trades above $100 a barrel, but attacks on Russia’s two main export locations in the Baltic Sea may cut into the Kremlin’s windfall. Five attacks on Primorsk and Ust-Luga...
Crude Oil Unlikely to Fall to $70 in 2026, May Remain at $80-85; Risks to Growth, Inflation: UBI Report
Union Bank of India’s latest outlook predicts crude oil will stay in an $80‑85 per barrel band through 2026, dismissing expectations of a drop to $70. The report warns that prices breaching $100‑120 could trigger a sharper monetary response from...
All Emerging Cyber Threats Targeting Power Infrastructure at a Glance
Researchers at Morocco's Higher School of Technology examined emerging cyber threats to smart grids, highlighting AI‑driven detection and defense methods. They cataloged attacks such as DDoS, false data injection, replay, and IoT‑based intrusions, emphasizing their potential to disrupt power operations....
Eagle to Start 27,000ft Drilling at Aurora Uranium Project
Eagle Nuclear Energy will launch a 27,000‑foot drilling campaign at its Aurora Uranium Project on the Oregon‑Nevada border, commencing in early July. The program comprises 47 diamond drill holes equipped with gamma probes, Acoustic Televiewer tools, and hydrogeological sampling to...
India Turns to Iran for Oil and Gas After 7-Year Hiatus, Signaling Limits to U.S. Tilt
India has restarted oil and LPG purchases from Iran after a seven‑year break, following a U.S. waiver that temporarily lifts sanctions on Iranian crude. The Ministry of Petroleum confirmed shipments, including a 44,000‑metric‑tonne LPG cargo, as refiners seek to offset...
S. Korea's Ruling Party, Gov't Agree on Efforts to Send Special Envoys to Middle East to Secure Crude Oil
South Korea’s ruling Democratic Party and the government agreed to send special envoys to Saudi Arabia, Oman and Algeria to secure crude oil after the Strait of Hormuz was effectively closed amid the U.S.–Israeli war with Iran. They plan to...
The Impact of Annealing on Copper-Plated Heterojunction Solar Cells
A University of New South Wales team examined how different annealing regimes affect copper‑plated contacts on heterojunction (HJT) solar cells. Fast annealing at 205 °C for 45 seconds increased microstrain in both the copper and the underlying indium tin oxide (ITO),...
New Time Targets Large-Scale Perovskite Production in Italy
New Time announced a four‑year plan to industrialize perovskite solar cells in Italy, targeting pilot‑scale production within three years and full‑scale output by the fourth year. The roadmap includes formulation optimization, small‑scale certification runs, and the development of an industrial...
How a Community Solar Breakthrough Took Shape in Illinois
Illinois utility ComEd has pioneered a flexible interconnection program that fast‑tracks community solar projects, adding more than 50 MW in its first year. By allowing solar farms to curtail output during rare grid‑constrained hours, the approach sidesteps expensive grid upgrades and...
Russia’s Key Black Sea Oil Terminal on Fire, NASA Data Show
NASA satellite imagery revealed a fire at Russia’s Sheskharis oil terminal in the Black Sea port of Novorossiysk. The blaze erupted after an overnight drone attack, according to Bloomberg’s report. The Sheskharis facility, operated by Transneft, handles roughly five million...
Asian Multi-Well Drilling Campaign Bumped to May
Jasmine Energy, a subsidiary of Singapore’s Rex International, raised $25 million in senior secured bonds to fund a three‑well drilling campaign at Oman’s Yumna field in Block 50. The campaign, originally slated for Q1 2026, has been pushed to May 2026. Block 50 covers roughly...
Oil Scenarios Changing Behavior and Market Update
The blog examines how the escalating Iran‑Israel conflict is reshaping oil market dynamics and influencing equity and macroeconomic outlooks. It updates previous scenario models to reflect heightened geopolitical risk, frequent threats to critical infrastructure, and the potential for supply disruptions....
Neoen Unveils Large-Scale Battery Projects in France, Japan
Neoen, a Brookfield subsidiary, announced two large‑scale battery energy storage projects: a 248 MW/496 MWh system in Vernou‑la‑Celle‑sur‑Seine, France, and a 100 MW/400 MWh facility in Hyogo, Japan. The French battery will be the country’s largest and the first to connect to the 400 kV...
Diesel to Breach ₱170 per Liter on Tuesday
Diesel in the Philippines is set to breach ₱170 per liter (about $3.10), underscoring rising fuel costs amid global supply shocks. Meanwhile, the Recto Bank offshore block, estimated to hold 16‑20 TCF of gas and up to 5.4 billion barrels of oil,...
Chart of the Day: How Renewables Have Helped Slash Emissions on Australia’s Main Grid
Australia’s National Electricity Market has cut its average emissions intensity by 25% since 2020, reaching 510 kg CO₂e per MWh in the 12 months to February 2026. The decline represents a 40% reduction since 2015, driven largely by rapid renewable adoption in...
Transforming Agricultural Waste Into Water and Energy Solutions in Mozambique
A consortium of Mozambican firms and NGOs has launched a pilot project that converts agricultural residues into clean water and renewable energy. Using a combined biochar filtration and anaerobic digestion system, the initiative turns crop waste into potable water and...
Qatar Aims to Resume LNG Shipments via Hormuz
Qatar is attempting to send LNG shipments through Hormuz for first time since the Iran war started 🚨🚨 If successful, this would be the first time a loaded LNG tanker has gone through Hormuz in over a month. ~20% of global...
China Restarts US Oil Imports Amid Middle East Disruption
China imports US oil for Asian fuel markets amid Hormuz crisis @asiatimesonline https://t.co/Iy0aRy8vam China is moving to resume large-scale purchases of United States liquefied natural gas (LNG) and crude oil, as supply disruptions in the Middle East and tightening fuel markets...
Nigeria Is Flaring the Answer to the World’s Biggest Tech Problem
Nigeria burns about 192 million standard cubic feet of natural gas each day, wasting roughly $720 million annually and forfeiting $56.75 billion in revenue since 2002. This flared gas could generate roughly 3,400 MW of electricity—enough to match the nation’s current grid output and...
China's Solar Aid Fuels Cuba's Renewable Push
"Beijing supplied 1 gigawatt of photovoltaic panels to the communist island last year and has promised more support as Cuba seeks to generate 15 per cent of its power from renewables in 2026, according to its new economic and social...
Iran Tensions, Crude Oil Surge Keep Dalal Street on Edge
Rising crude‑oil prices and heightened Iran‑U.S. tensions pushed Indian equities lower on Monday. The BSE Sensex fell about 120 points (‑0.16%) to 73,199 and the NSE Nifty slipped 13 points (‑0.06%) to 22,700. Brent crude rose to $109.78 per barrel...
With the Strait of Hormuz Mostly Shut-Down, the Last Oil Shipments of Oil Going to Europe and Asia Will Land...
The closure of the Strait of Hormuz has halted oil and LNG shipments, with the last tankers for Europe and Asia expected to dock by mid‑April. Once those supplies run out, regional fuel reserves will shrink sharply, prompting analysts to...
The Iran Shock
Within weeks of the U.S.-Israeli attack on Iran, Tehran’s near‑shutdown of the Strait of Hormuz halted roughly 20% of global oil and LNG transit, sending crude prices up 55% and gasoline up about $1 per gallon. The disruption exposed the...
Qatar
Dozens of empty Qatari LNG tankers sit idle across Asia 🇶🇦🚢 The world's top LNG export plant in Qatar has been shut for over a month, upending the gas market and leaving the nation's fleet of ships without orders Hormuz has also...
Jim Cramer Says Occidental Petroleum Is a “Big Loser If Peace Breaks Out” And Vice Versa
Jim Cramer highlighted Occidental Petroleum (OXY) as a top S&P 500 performer, noting its 58% year‑to‑date gain driven by soaring crude prices. He warned that Oxy’s fortunes are tightly linked to geopolitical risk, acting as a “big loser” if peace...
Jim Cramer Highlights APA Corporation Stellar Performance in the First Quarter
APA Corporation’s stock vaulted nearly 75% in the first quarter, lifting the company to fifth place among S&P 500 gainers. The rally mirrors a broader 70% year‑to‑date rise in crude oil prices, yet only three oil plays made the index’s top...
'Not the Cairo We Know': Energy Shock From Iran War Dims Egypt Nights
Egypt has imposed an early‑closing curfew, shutting shops at 9 pm on weekdays and 10 pm on weekends, to curb a soaring energy bill linked to the US‑Israel war on Iran. The government says monthly energy imports have more than doubled to...
Iran's Threats Make Hormuz Transit Too Risky
Hormuz isn’t controlled. It’s poisoned. There's no blockade & no toll booth. Iran has made transit so dangerous that no rational vessel owner moves. Iran's "approval" through exemptions is bullshit Flows remain stopped except for a few tankers willing to take great risk. #Hormuz #IranWar...
Saudi Raises Arab Light Price to Record Premium
Saudi Arabia has increased its official selling price (OSP) to a record high. The state-owned Saudi oil giant told refineries in Asian it would charge a premium of $19.5 a barrel over the regional benchmark for sales of its flagship...
China’s Energy Build Drives GDP Growth While Europe Has a Drag From Low, Costly Energy
Europe’s heavy regulatory and permitting hurdles are driving persistently high energy costs and slowing renewable deployment, while China’s fast‑track, state‑driven energy strategy is rapidly expanding capacity. In 2025 China added over 430 GW of wind and solar, pushing total power capacity...
India's Russian Crude Imports Surge 94% in March
🇮🇳India’s Russian crude imports rebound sharply — up nearly 94% in March MoM and 10% YoY. https://t.co/O0zIu8LcIi
Oil Inventories Falling, Price Spike Imminent, Catastrophe Ahead
According to Jeff Currie, distinguished economist and commodity market guru, we’re only seeing the start of what will become a major oil catastrophe. At present, we’re burning through oil inventories. Once inventories dwindle, oil prices will SPIKE. THE WORST IS YET TO COME....
Oil Crisis Hitting Asia Foreshadows Tough Times for Europe
The war in Iran has effectively blocked the Strait of Hormuz, cutting global oil supplies by about 10 % and pushing Brent crude above $100 per barrel. The disruption also curtails LNG flows, tightening energy inputs for power and fertilizer production....
India's Energy Imports Quadruple Since 2000, Heightening Vulnerability
#IndiaWatch🇮🇳: India’s net energy imports have exploded over the past 2 decades. Net energy imports have SURGED more than 4x since 2000. MORE ENERGY IMPORTS = MORE VULNERABILITY. https://t.co/PxS0fxVpuJ
Closing Hormuz Cuts Oil Supply, Money Can’t Fix It
You can paper over financial losses, but you can’t paper over lost barrels, says @LynAldenContact You can print money. You can’t print oil. Shut Hormuz and the problem isn’t financial—it’s physical. No barrels. No flows. No workaround. #IranWar #Hormuz #OilMarkets #EnergyCrisis #Geopolitics #SystemShock
“The Panels Are Never Supposed to Fail:” Solar Contractor Takes Financial Hit From Troubled Australian Project
Sterling and Wilson Renewable Energy disclosed a financial hit after PV panels failed at an undisclosed Australian solar project under its O&M contract. The panel failures caused generation loss, triggering penalties and dragging quarterly margins down to roughly 18%, below...
Iran Poised to Weaponize Hormuz Despite Trump’s Dismissal
The intelligence was clear: Iran would retaliate asymmetrically, target regional assets, and weaponize Hormuz. Trump dismissed Pentagon concerns. The President has that right. But don't say “no one told me” when everyone did. https://t.co/akIhHjvwQh #IranWar #Geopolitics #EnergyCrisis #Hormuz #OilMarkets #Strategy
Mines Threat Alone Can Paralyze Hormuz Shipping
A few mines—or just the threat—is enough to close Hormuz Ships stop. Insurers pull back. Flows collapse. Clearing takes weeks to months. That’s the strategy: disruption without closure. #IranWar #OilMarkets #EnergyCrisis #Hormuz #Geopolitics #SupplyChains https://t.co/DlAEMOcmJF
Ten Injured in ONGC Offshore Platform Fire
India’s state‑run Oil and Natural Gas Corporation (ONGC) confirmed a fire on its SHP offshore platform at the Mumbai High field, located about 160 km off the Mumbai coast. The blaze was extinguished quickly, and normal production resumed shortly after. Ten...
Premier Energies Launches 5.6 GW Solar Plant in India
Premier Energies commissions 5.6 GW solar module facility in India #energysky -- via pv magazine global: https://t.co/9F9vRXLZ6t
Iran Closing Hormuz Strait: The Ultimate Conspiracy Theory
In case you have not read it. remember, the biggest conspiracy theory is Iran closing the Hormuz strait. Think about it!
Chinese Battery-Storage Supplier Sees Shipments Doubling in 2026
Beijing HyperStrong Technology Co., a leading Chinese energy‑storage supplier, announced it will more than double its shipments in 2026. The company projects deliveries of 70 gigawatt‑hours, up from 26 GWh in 2025, reflecting strong demand both domestically and internationally. Chairman Jianhui Zhang...
Trump’s Iran Ultimatum Spikes Oil, Fuels Market Volatility
Trump's 48-hour Iran ultimatum just sent oil futures through the roof. This geopolitical tension could spell trouble for broader markets. Going live in 2 hours to trade this volatility with our DOTS indicator signals. https://t.co/66dSROeuCi https://t.co/E2Zf77HxKR
Explosives Near Balkan Stream Gas Pipeline Spark Energy‑Security Fears Ahead of Hungarian Election
Serbian police discovered two backpacks of high‑power explosives near the Balkan Stream pipeline, an extension of Russia's TurkStream that feeds gas to Hungary. Hungarian Prime Minister Viktor Orbán called an emergency defence council meeting, while opposition leader Péter Magyar warned...
Self‑Charging Drones Boost Grid Resilience Through Autonomous Inspections
Nomadic #Drones Revolutionize Grid Resilience with #Autonomous, Self-Recharging Inspection Systems via @WevolverApp #EmergingTech #Innovation #Technology #Tech https://t.co/5ITvfsrFKQ
Ukrainian Drones Torch Russia's Key Novorossiysk Oil Hub
Today, Ukrainian drone strikes SET FIRE to Russia’s major oil export terminals in Novorossiysk. The port handles over half of Russia’s crude and petroleum product shipments. YOU DON'T WANT TO BE SHORT OIL. https://t.co/XlgmcpVhsH
De-Risking Offshore Wind Could Put Philippines Ahead in Clean Energy Race: GWEC’s Ann Francisco
The Philippines is accelerating offshore wind development, leveraging a World Bank‑identified 178 GW technical potential and launching its first dedicated offshore wind auction, GEA‑5, which offers 3,300 MW of fixed‑bottom capacity. Over 90 service contracts covering roughly 68‑69 GW have already been awarded,...