Category: Oil
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Israel Strikes Cripple Yemen’s Fragmented Power System
11 Jul 2025 Issue: 68 / 28 By: James Marriott Yemen’s Houthis have burst back onto the global stage with deadly maritime attacks in the Red Sea. To weaken the Houthis, Israel has again struck key links in their energy infrastructure, weakening the country’s already ailing power sector. Houthi attacks on shipping in the Red Sea have…
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The D Brief: Trump’s first Ukraine aid?; China’s new coercion tool; State layoffs, imminent; Spies find it harder to hide; And a bit more.
For the first time since taking office in January, President Trump has reportedly authorized unspecified U.S. weapons transfers to Ukraine under the Presidential Drawdown Authority, which takes from U.S. stockpiles, Reuters reported Thursday. The possible arms transfer is expected to total around $300 million. Trump also told NBC he will deliver a “major statement” regarding…
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Forecasting Trouble: The IEA, Peak Demand and ‘Missing Barrels’
T. Schneider/Shutterstock The International Energy Agency (IEA) was created a half century ago in response to geopolitical disruption in Middle East. As recent events show, the region remains critical to world oil markets. And oil remains critical for global economies. It is obvious to any observer that an escalation in the Israel/Iran conflict could upend…
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Can A Keto Diet Stop Panic Attacks, Mood Swings, Depression? We Asked Experts
Singer Neha Bhasin is known for her work in Hindi, Telugu and Tamil cinema, as well as independent music in Indian pop and Punjabi folk genres. She became an overnight sensation when she was selected by Coke [V] Popstars, a nationwide talent hunt conducted by Channel V. She was just 18 at the time. Now…
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Rapid Output Boost Brings Opec-Plus Strategy Into Focus
Copyright © 2025 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited. William Potter/Shutterstock Last weekend’s decision by eight members of Opec-plus to raise August crude output by 548,000 barrels per day puts the group just one month away from completing the phased 2.2 million b/d increase…
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Oil Teeters as Tariffs and Output Risks Unbalance Market
by Bloomberg | Mia Gindis, Jack Wittels | Thursday, July 10, 2025 | 3:55 PM EST Oil futures sank as the escalating global trade war and the possibility that OPEC+ may halt output hikes flashed warning signs for energy demand. West Texas Intermediate futures fell to settle below $67 a barrel after Bloomberg reported that the…
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Do Trump and Bibi Have a Longer-Term Middle East Strategy?
This week, Israeli Prime Minister Benjamin Netanyahu made his third official visit to Washington since U.S. President Donald Trump took office in January—the most of any world leader. The two discussed the contours of a potential cease-fire in Gaza, as well as their recent decision to attack Iran’s nuclear facilities. Beyond the here and now,…
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Mideast Oil Giants Say Market Needed OPEC+ Supply Surprise
Senior officials from three of OPEC’s core producer nations – Saudi Arabia, the United Arab Emirates, and Kuwait – lined up to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices eked out gains this week, a sign that the market has largely shrugged…
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Two US policy options for Venezuela: Shaping reform vs. ‘maximum pressure’ toward regime collapse
Issue Brief July 10, 2025 • 8:00 am ET Venezuela Solutions Group Bottom lines up front The first Trump administration drafted a framework for encouraging a democratic transition in Venezuela; with a few updates, it represents one policy path the second Trump administration could take. Nicolas Maduro’s recent promotion of a longtime rival may be…
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Second cargo ship sinks in Red Sea after Houthi rebel attack with bomb-armed drone boats
A Liberian-flagged cargo ship attacked by Yemen’s Houthi rebels sank Wednesday in the Red Sea, and a European naval force in the Mideast said only six of the 25 people who were on board have been rescued. The attack on the Eternity C, which also killed at least three of the crew, represents the most serious assault…
