The Oil Dimension

#StraitofHormuz blockade is a major consequence that benefits certain actors:
Who Benefits from High Oil Prices?

+ #US oil producers (#shale oil becomes more profitable at higher prices)
+ #Russia

Who Loses?

- #China (imports ~70% of its oil, heavily dependent on Middle Eastern)
- #India (similar energy import dependency)
- #Europe (energy-dependent on imports)
- #Japan and #SouthKorea (#LNG importers)
- #SaudiArabia and Gulf states (can not sell oil)

The emissions open a new window into the conflict’s growing #carbon footprint, revealing how greenhouse gases can spike when #fossilfuel infrastructure is targeted. When #LNG can’t be exported or used, operators either burn it off or vent it into the atmosphere, releasing #CO2 or even more potent #methane, at levels detectable by satellites.

https://www.bloomberg.com/news/articles/2026-03-23/iran-war-missile-attack-on-ras-laffan-spurs-increased-flaring-satellites-show

March 2026: Iran's missile strikes on Qatar's Ras Laffan LNG facilities signal a decisive shift from battlefield conflict to economic warfare. The attacks compromised 17% of Qatar's LNG capacity, triggering immediate global market volatility and testing Western security guarantees. Full analysis: https://post.kapualabs.com/2r3bcjur #Geopolitics #EnergySecurity #LNG #MiddleEast

Well, you will not be surprised to find out that the Tangerine Tyrant has threatened the EU with constraints on supplies of Liquified Natural Gas (LNG) from the USA (now that global supply is constricted by the US/Israeli attack(s) on Iran), if they fail to pass the delayed EU/US trade deal without amendments.

So having delayed the ratification with his threats to Greenland, Trump is now using his disruption of LNG markets to drive his trade agenda.

Once a bully...

#Trump #EU #LNG
h/t FT

Trump administration, energy developer announce end of U.S. offshore wind projects

The announcement marks the latest blow by the administration against the U.S. offshore wind industry.

Politico

Researchers warn that environmental gains made through NDP incentives for EVs and heat pumps in the province of British Columbia (that were developed by the government in partnership with the BC Green Party in 2018) will be lost by the same NDP government that is now encouraging growth of LNG in British Columbia.

#environment #climatechange #LNG #politics #heatpumps #electricvehicles

https://www.timescolonist.com/opinion/comment-bc-can-have-growth-and-fewer-emissions-12019184

Comment: B.C. can have growth and fewer emissions

Doubling down on fossil fuels will wipe out emissions progress

Times Colonist
US-Iran war damaged global oil markets more than Russia-Ukraine war, Chevron CEO says

Mike Wirth said it will take some time to rebuild inventories and supply chains after the Strait of Hormuz fully opens.

Politico
Trump’s EU envoy urges swift approval of trade deal 

“Economically, it’d be malpractice not to vote for this,” Ambassador Andrew Puzder tells POLITICO.

POLITICO
Strategic attacks on Gulf energy infrastructure represent a calculated shift to economic warfare. Qatar's Ras Laffan LNG complex faces catastrophic damage while UAE activates emergency pipelines. Analysis suggests prolonged global LNG supply shock. Full report: https://post.kapualabs.com/4523vxzx #EnergySecurity #Geopolitics #MiddleEast #LNG

🚢 Latest update on the UP World LNG Shipping Index:
UPI gained 7.77% or 16.49 points to 228.77 points last week.

Historical performance: 3M 39.91%, 6M 34.09%, 12M 38.71%.

📊 Full UPI Weekly Report coming Tuesday!

#LNG #shipsandshipping #shippingstocks #LNGshipping #shipping