The idea that Donald Trump might be an accidental climate warrior rests on a narrow and uncomfortable observation. Wars, price shocks, and trade disruptions can suppress fossil fuel demand in the short term. That suppression shows up as lower emissions in the ledger. It does not come from better systems. … [continued]
By pretty much all accounts, the US starting another war in the Middle East, this time in Iran, is not going well. At least 13 Americans have died while around 300–750 have been injured, and for those of us who care (I do) countless Iranian children and civilians have been … [continued]
Crude oil and petroleum product prices increased significantly in the first quarter of 2026 (1Q26), particularly following military action in the Middle East on February 28 and the subsequent de facto closure of the Strait of Hormuz. In this quarterly update, we review petroleum markets price developments in 1Q26, covering … [continued]
In March 2026, tanker rates for Very Large Crude Carriers (VLCCs) leaving the Middle East to Asia were the highest since at least November 2005, when data were first recorded. The price increase followed Iran’s closure of the Strait of Hormuz on March 2. The Strait of Hormuz is an important chokepoint, connecting the Persian … [continued]
Last month, CleanTechnica carried a story about the growing footprint of Lucid Motors in the Kingdom of Saudi Arabia. The company’s expanding presence in the Middle East, centered on its assembly facility at King Abdullah Economic City near Jeddah, has often been presented as a milestone for both the automaker … [continued]
Energy dominance doesn’t come from the barrel of a rifle, it comes from harvesting the abundant energy of the sun.
VinFast has signed a memorandum of understanding with PlusX Electric, a DEWA-certified provider of charging and mobility solutions, to enhance charging access and customer support for its UAE customers. The collaboration aims to deliver portable chargers, mobile emergency services, and integrated digital tools, addressing key barriers to EV adoption in … [continued]
Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions on Russia’s crude oil, leading to limited refinery production and a decreased global diesel supply. The impact was most … [continued]
The US Energy Information Administration put out an interesting article today. The headline focused on growth of oil consumption in India compared to China — “India to surpass China as the top source of global oil consumption growth in 2024 and 2025.” I sat looking at the chart for several … [continued]
UAE clean energy giant Masdar is on a big clean power investment streak. It has announced more clean energy project progress this month than most companies in the field announce in a year. Hold onto your hats, this is going to be a big news update. Belt & Road Initiative … [continued]
