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Oil and Gas

JPMorgan: ‘No End In Sight’ To US War On Iran; Aramco Cuts Off Crude

After six months of the US war on Iran, investment bank JPMorgan Chase's oil analysts have given up on modeling when the war will end, suggesting no relief is in sight from high crude prices that threaten global economic growth, Bloomberg reported on 18 September. "For the first time since the start of the Iran conflict, we don't have a baseline view," said Natasha Kaneva, head of global commodities strategy, in a Thursday note. "We simply don't know how to model the endgame." The bank's analysts previously assumed that US President Donald Trump would end the war before several economic "red lines" were crossed: oil above $100 a barrel, gasoline prices near $5 a gallon, and 10-year Treasury yields at 5 percent.

Saudi Oil Exports Hit Standstill Amid Yemen’s Red Sea Blockade

Saudi oil exports have stopped, with none of the kingdom’s ships leaving the Red Sea since Yemen seized the Bab al-Mandab Strait days ago, maritime data, reports, and statements on 15 September confirmed.  The Arabian Business Gulf Insight (ABGI) reported Tuesday that “Saudi Arabia has paused Red Sea oil exports.” It cites maritime data from Vortexa.  “Saudi Arabia has not exported any oil via Red Sea ports since Saturday,” AGBI’s report added. Vortexa’s senior market analyst Xavier Tang told AGBI that the “the situation could ultimately lead to the country becoming a temporary net importer of fuel products.”

Inside New Mexico’s Oil And Gas ‘Sacrifice Zone’

For decades, Cheyenne Antonio’s grandfather has gathered plants used in traditional medicine around their family home in Pueblo Pintado, New Mexico. But, with oil and gas development encroaching on the area, Antonio worries about his safety.  “My grandpa is an herbalist and he can’t find the sacred plants,” Antonio told Inequality.org. When he tells Antonio that he needs to return to a particular place to gather them, she tries to warn him away from areas near drilling. But, she said, he has little alternative: “There’s nowhere else to go.”

Oil Explosion In Black Town Traces Back To Iran And Venezuela Crises

John Beard takes no pleasure in being right. In January, he told Capital B that he feared U.S. military action in Venezuela, which ultimately gave America preferential access to the South American nation’s vast oil reserves, would lead to disaster in southeast Texas. “The chickens have come home to roost,” Beard said over the phone, between fielding calls from his neighbors. “Our exact fears have come true.” On March 23, an explosion at the Valero Port Arthur Refinery shook homes as far as 11 miles away and sent a thick black plume across the predominantly Black city.

Iran Warns United States Of ‘More Destructive Phase’

Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for several strikes targeting US-linked energy and petrochemical sites in the Gulf, following US-Israeli attacks on major Iranian infrastructure.  The IRGC said it attacked US gas facilities linked to ExxonMobil and Chevron in the UAE. It also said it launched “a missile attack on US petrochemical facilities producing fuel materials for the US armed forces and military products for the Israeli entity in Al-Ruwais, UAE, causing a widespread fire.” It also confirmed that Tehran was behind drone attacks on US-linked petrochemical sites in Sitra, Bahrain, including the Bapco refinery, as well as in southern Kuwait’s Shuaiba. 

Iran Turns Hormuz Into A Toll Gate Challenging Petrodollar

Iran has taken its control over the Strait of Hormuz to the next level, effectively moving toward a “toll booth” system on one of the world’s most critical energy routes. According to Reuters, Iranian officials and lawmakers are actively considering imposing transit fees on ships passing through the strait, with proposals to charge countries for the movement of oil, gas, and even food supplies in Chinese Yuan. Bloomberg has further reported that vessels are increasingly being required to follow Iranian-coordinated routes and protocols, signaling a shift from free navigation to controlled passage.

Strait Of Hormuz Closure Brings Empire To Brink

Since the criminal Zionist-American war on Iran erupted, the Strait of Hormuz has remained stubbornly closed. Despite Donald Trump’s dire threats, Tehran has brought maritime traffic to a total standstill. The Empire has futilely scrambled to assemble an international coalition to reopen the economically vital waterway ever since, only to be rebuffed. NATO allies have been slammed for making a “foolish mistake”, by refusing to help militarily secure the Strait. In truth, there is no hope it can be forcibly reopened in the foreseeable future.

US May Seize Three Iranian Islands, Including Kharg

While a significant amount of attention has been placed upon the Iranian island of Kharg, as a likely target for a US ground invasion, there are three other islands that may be in Washington’s scope. Although this has flown under the media’s radar, the signs have been clear. On March 13, US President Donald Trump officially announced the bombing of Kharg Island, Iran’s most critical oil export terminal. Only a day prior, the idea of invading the island was advocated by Jesse Watters, one of the American leaders’ favourite Fox News hosts. 

Imperial Oil Grab

Venezuela and Iran hold the largest and third-largest petroleum reserves in the world, respectively. Both have been targeted for regime change by Washington. The world’s hegemon naturally seeks access to such resources. Yet it would be simplistic to think that would be only for narrow economic motives. Dominion over energy flows – especially from countries with large reserves – is central to maintaining global influence. Washington requires control of strategic resources to sustain its position as global hegemon; a goal reflected in its official policy of “full spectrum dominance.”

Shell, BP Seek Return To Venezuela Following Maduro’s Abduction

British energy giant Shell could earn billions of dollars in profits from new Venezuelan gas projects following US President Donald Trump's abduction of Venezuela's President Nicolas Maduro, the Telegraph reported on 5 January. Shell plans to exploit the massive Dragon natural gas field lying between Venezuela and the maritime border of Trinidad and Tobago. The project to develop the field, which holds an estimated 120 billion cubic meters of gas, is expected to generate $500 million in annual revenue for up to three decades, potentially yielding billions in profit.

The Consequences Of Imperialist Arrogance

In almost all the tragedies of ancient Greek theater, the protagonist has committed a fatal moral offense which leads them to a deadly outcome, almost always facilitated by their overweening arrogance. In the case of the progressive collapse of the collective West, one is dealing with five centuries of countless crimes of genocidal conquest and slavery. But their hateful culture of arrogance does not allow Western leaders to admit that they owe the wealth and political-military power of their countries to this genocidal criminality. This arrogance in the face of the collective West’s decline gets expressed in diplomatic bad faith and unilateral aggression, exacerbating the lack of cooperation and trust that characterizes the current international crisis.

Trump’s 2025 Venezuela Escalation Is A Sham For Oil

On October 16, 2025, Donald Trump’s second term ignited a reckless campaign against Venezuela, greenlighting covert CIA operations, deploying 4,000 Marines and F-35 jets to the Caribbean, and launching strikes on Venezuelan vessels that have killed more than 27 people—all framed as a fight against drugs and migration. This is no noble mission: It is a recycled imperial plot to seize the world’s largest oil reserves, draped in fabricated threats. The U.S. narrative paints Nicolás Maduro as the mastermind of gangs like Tren de Aragua (TdA), but the CIA’s history of enabling criminal networks tells a different story.

Whitewashing Gas Exploration In Post-Genocide Gaza

In December 2022, Israeli Ministry of Energy launched the Fourth Offshore Bid Round offering new exploration licenses. A year later, it awarded licenses to several Israeli and international companies: Eni (Italy), Dana Petroleum (UK, a subsidiary of a South Korean company, and Ratio Petroleum (Israel). The problem is that these tenders violated international law. A few months later in June 2023, following years of stalled talks, Israel approved the development of the Gaza Marine field, while Egypt’s state-owned EGAS (Egyptian Natural Gas Holding Company) was to lead extraction efforts in cooperation with the Palestinian Authority.

No To US State Terrorism In The Caribbean Sea

Organization for the Victory of the People (OVP) rejects the false narrative peddled by the Trump Administration, claiming that President Nicolas Maduro and his administration are connected to drug trafficking into the United States. The world is tired of US imperialism’s playbook, creating false flags and narratives in order to initiate wars and orchestrate regime change. President Ali and the PPP Government, in collusion with the Trump Administration, are leading Guyana in a direction that can only bring us chaos and catastrophe. War with our neighbor can never be in our best interest. The current dispute between Guyana and Venezuela, while framed as a territorial dispute, is related to much larger and more menacing issues.

Truckers Are Tired Of Being Exposed To Hazardous Waste

A seemingly unlikely coalition of oil and gas workers and environmentalists have joined forces to ask the federal government for help. On June 4, the driver advocacy group Truckers Movement for Justice and Ohio Valley Allies, Earthjustice, Oilfield Witness and several other environmental groups sent a letter to Secretary of Transportation Sean Duffy and top officials at the Pipeline and Hazardous Materials Safety Administration and the Federal Motor Carrier Safety Administration. They made a simple request: that regulations around the transportation of hazardous materials be enforced.
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