Chart Deck
TTF to the moon?
EU gas price surges past €60 per MWh. But is the top already in?
Chart Deck
Will the €50 ceiling hold?
“After four months of paralysis, the relief is palpable. It may also be misleading. And it is almost certainly temporary.” – Energy Flux, 26 June 2026 Well, that didn’t last long. Barely three weeks into a supposed two-month ceasefire, US missiles and Iranian drones are criss-crossing the Persian
Strait of Hormuz
INTERVIEW: The Iran deal is an unmitigated disaster for the US
“This is a historic capitulation that will define the structure of global power for the next hundred years.”
Hot takes
The Fog of Peace
The US says the war is over and Hormuz is open. Energy markets are desperate to agree. Here’s what we know, what we don’t, and why the next two months will be more dangerous than headlines suggest.
Chart Deck
The market that cried peace
Credulous energy markets have stopped pricing Iran, and started pricing Trump’s presidential word salads instead. This cannot end well.
Guest post
Crossing the Hormuz chasm
The fragile bridge back to molecular normality is fraying
Deep Dives
War vs. Glut: The Great LNG Reckoning
War shut in one of the world’s most critical export arteries. The long-promised supply wave is finally arriving. Which force wins, when, and by how much? Our new scenario data model brings clarity to the confusion.
Hot takes
America’s Suez moment
Trump’s hollow ‘victory’ is Iran’s greatest triumph — and a rupture with the old energy order
Deep Dives
Easter Escalation
Iran war spirals, Hormuz stays shut to LNG, and gas markets still aren’t paying attention
Chart Deck
Weaponising the fog of war
Markets can’t price what they can’t see. And right now, nobody can see anything.
The Energy Flux Podcast
Armageddon deferred?
🚨 EMERGENCY POD 🎧 Deciphering Trump's latest Iran TACO, and why the future of Middle East oil and LNG exports hinges on regime change in Tehran
Chart Deck
The Great Gas Risk Mispricing
Markets are failing to reflect compounding supply shortages and Iran conflict escalation risk