Hormuz disruption has sent oil higher and revived the petrodollar debate. Brent has already jumped above $109, and JPMorgan says prices could go much higher if disruption persists.

The bigger point is not that the dollar collapses overnight. It is that confidence erodes when energy trade fragments, sanctions push countries toward alternative settlement, and the foreign share of U.S. debt keeps shrinking.

Bitcoin has not been a perfect crisis hedge, but the appeal of neutral, censorship-resistant money only grows as the old order strains.

Is this the beginning of a slower, messier end to dollar dominance?

https://www.youtube.com/watch?v=A0Y8kgJY1XA

#Petrodollar #Dollar #Bitcoin #Oil #DeDollarisation

US has voted to drive a whale (only 50 left) to extinction in Gulf of Mexico for oil.

https://youtu.be/aXK1oLXMRIE

#oil #whales #usa #greed #environment

Democracy For Sale: The Oxford energy institute with a #Kremlin problem

The Oxford Institute for #Energy Studies is cited across UK media as an independent expert on #oil and #gas. Now its #RussianTies are under scrutiny.

https://democracyforsale.substack.com/p/the-oxford-energy-institute-kremlin-putin-oil-gas-ukraine #climate #corruption #Russia #Putin

European Commissioner for Energy Dan Jorgensen says that:

- the energy crisis will be prolonged

- the European Commission is preparing “for the worst scenarios” (i.e. fuel rationing), just in case

I find this a lot more calming than “don’t panic” attitudes. European Leaders should apply the same style to the global security situation.

https://www.ft.com/content/7d3a6810-b571-4730-aa35-f7bfcacdc242?syn-25a6b1a6=1

#EU #UE #EUPol #Europe #Hormuz #FossilFuels #Oil #Energy #Geopolitics