UK Sanctions HIT 90% of Russia's Oil Output
The UK now sanctions over 90% of Russia's oil production capacity. Here's what the expanded measures mean for global crude supply and prices…
Kingdom Exploration · Market Intelligence
Daily analysis of the forces moving crude — supply, geopolitics, and the numbers behind the headlines.
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The UK now sanctions over 90% of Russia's oil production capacity. Here's what the expanded measures mean for global crude supply and prices…
At least 10 supertankers reverse course from Fujairah amid Iran's Hormuz attacks, threatening a key oil-transfer workaround as the strait stays effectively…
A US strike hit Kharg Island, the hub behind nearly all of Iran's crude exports. Here's why oil markets are bracing for a supply shock and higher prices…
IEA says Saudi oil supply has fallen to a more-than-three-decade low after Houthi attacks on the Kingdom's infrastructure, deepening the supply shock and price…
The US is revoking the license that authorized Iranian oil sales, an official says. Here's what the move means for crude supply and oil-price risk…
Libya's Sharara pipeline was sabotaged, knocking 200,000 barrels a day offline, per Il Sole 24 ORE. Here's the supply hit and why crude prices could climb…
Houthis claim attacks on Riyadh as flames and smoke are seen near the Saudi capital's airport, per CNBC, escalating an incident involving an Aramco tank fire…
Only four ships passed through the Strait of Hormuz in a single day, UA.NEWS reports, as the supertanker mine strike and IRGC blockade choke off global oil…
Saudi Arabia has lost about 700,000 barrels a day after attacks on its sites, per energynews.pro - the first hard production figure since strikes hit Aramco…
Saudi Arabia tells OPEC its crude output slumped to the lowest since 1990, per Bloomberg, deepening supply fears as the Iran war squeezes flows and OPEC+ holds…
Two major Russian oil refineries have halted operations after strikes, Ukraine's General Staff confirmed. Here's what the outages mean for crude supply and…
Ukrainian drones have shut all major Lukoil refineries in Russia, per Euromaidan Press - escalating a campaign that first halted the Perm refinery and…
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