Hot takes
Lies, damned AIs, and oil prices
Algorithmic execution has created the perfect insider-trading machine
The Energy Flux Podcast
The Middle East energy war is spiralling out of control
🚨 EMERGENCY POD 🎧 Deciphering the wide-ranging implications of unprecedented strikes on energy installations in Iran and Qatar, and the prospect of uncontrolled military escalation
Deep Dives
Israel takes energy warfare to the next level
Strike on Iran’s giant South Pars gas field goes beyond military escalation. This is a structural supply shock with cascading consequences for oil, condensate, LNG and power that energy markets have barely begun to price.
The Energy Flux Podcast
The Pain Factor
🎧 Why markets anticipate a long Hormuz closure
Deep Dives
Strategic shock in the Middle East
Iran, the Gulf, and the crisis of regional order
Chart Deck
War in Iran convulses energy markets
Hormuz closure and Qatar LNG shut-in trigger extreme volatility in gas, LNG and freight charter rates. The outlook is dire, especially for Europe, but not unremittingly so.
Deep Dives
War profits, quantified
As Middle East regional war upends global gas markets, US LNG exporters and traders stand to pocket a multi-billion-dollar windfall
Hot takes
Iran: US Energy Dominance laid bare
Trump’s war of choice is a bonanza for US LNG exporters, and a catastrophe for everyone else
Deep Dives
Hormuz on the brink?
Gunboat diplomacy, commodity shocks, and the price of escalation
Hot take
Don’t forget the macro!
HOT TAKE: Oil and gas prices will surge on Monday’s market open. But this won’t mark a structural shift.