UAE To Exit OPEC After Nearly 60 Years
Wired
On May 1, the United Arab Emirates will end its a 59-year membership in the oil consortium, allowing it to raise output during one of the most volatile energy markets in years. more…
The Pentagon just revealed how much the US has spent on 2 months of war with Iran
Business Insider
Since the beginning of the conflict, the Pentagon has spent about $25 billion on the war, mostly on munitions. more…
Iran's supreme leader says Tehran will protect its nuclear and missile capabilities
Yahoo Entertainment
Iran's supreme leader said Thursday that the Islamic Republic will protect its “nuclear and missile capabilities” as a national asset, likely seeking to draw... more…
The Latest: Trump says he's 'not satisfied' with Iran's new peace plan
Yahoo Entertainment
Iran has handed over its latest proposal for negotiations with the United States to mediators in Pakistan, Iran’s state-run IRNA news agency reported Friday.... more…
Trump met with oil and gas executives as Iran war drags on, prices surge
Abcnews.com
President Donald Trump and some of his top administration officials met this week with oil and gas executives as the Iran war drags on and prices rise. more…
WATCH: AI agent error causes mayhem at tech company
Abcnews.com
Jeremy Crane, founder and CEO of PocketOS, shared in an in-depth post on X, explaining how the AI coding agent Cursor deleted his company's entire production database in about 9 seconds flat. more…
Strait of Hormuz disruptions will affect more than gas prices
Futurity: Research News
Experts warn higher energy costs will gradually move through supply chains. The most significant economic impacts may not appear for months. more…
Is Iran’s oil storage nearly full – and will it have to cut production?
Al Jazeera English
Experts predict Iran could gradually scale back oil production if the US naval blockade of Hormuz persists. more…
UAE exit from OPEC signals closer alignment with US interests, experts say
Al Jazeera English
UAE wants to supply more oil than its OPEC quota and that could help push down prices once the Strait of Hormuz opens. more…
UAE quits OPEC: What that means for the Gulf, energy markets and beyond
Al Jazeera English
UAE signalling intent to pursue independent economic policies and reshape Gulf oil politics. more…
As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’
Al Jazeera English
With the two sides locked in a standoff, oil prices have continued to soar. more…
Oil prices rise despite Iran’s proposal to reopen Strait of Hormuz
Al Jazeera English
Brent crude rises more than 1 percent despite Iran's offer to reopen waterway in exchange for deferral of nuclear talks. more…
Oil prices soar on fears of long supply disruption, US siege of Iran ports
Al Jazeera English
US President Trump meets with oil firms over ways to minimise impact on fuel supplies amid US blockade of Iranian ports. more…
From railways to energy — five strategic projects linking Gulf states
Al Jazeera English
In the face of worsening geopolitical tensions, Gulf nations are resuming cooperative projects aimed to mitigate risks more…
Ukraine targets Druzhba pipeline to sever Russian oil, influence in EU
Al Jazeera English
Hungary and Slovakia are still buying Russian oil. Seeing weakness in Brussels, Kyiv means to stop that trade. more…
The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity
Al Jazeera English
The move reflects a widening confrontation with Saudi Arabia and a fundamental realignment of alliances. more…
Supreme Leader Vows Iran Won't Give Up Nuclear Technologies...
Associated Press
Iran's supreme leader says the Islamic Republic will protect its nuclear and missile capabilities as a national asset. Ayatollah Mojtaba Khamenei made the statement Thursday, likely drawing a hard line as U.S. President Donald Trump seeks a wider deal. Khamen… more…
Expert Explains | ‘Impact of UAE’s OPEC exit on oil market will be felt only in longer run’
The Indian Express
UAE and other OPEC members, particularly Saudi Arabia, have long disagreed over curtailment of production to keep oil prices up. These tensions have deepened over time, says Ajay Singh, an energy and shipping industry executive more…
Trump’s Iran War Is Smashing His Fossil Fuel Dreams
The New Republic
The Strait of Hormuz is still closed, and it isn’t poised to open anytime soon. Donald Trump signaled on Wednesday that he intends to keep the U.S. blockade in place until Iran cries “uncle” and says, “We give up.” The longer the strait stays closed, the less… more…
Good Riddance to
OPEC
The New Republic
These are hard times for multinationalism. The North Atlantic Treaty Organization lies in tatters, the World Trade Organization is on life support, the World Health Organization is losing its wealthiest member, and I bet you didn’t even know there was an Inte… more…
Right now, 50 countries — including Canada — are actually negotiating how to quit fossil fuels
CBC News
High-level talks to accelerate the shift from fossil fuels got underway Tuesday in Colombia's Caribbean city of Santa Marta, where President Gustavo Petro warned the world could "reach a point of no return" without the Amazon's role in regulating the climate. more…
What’s in the Price of a Gallon of Gas?
Nakedcapitalism.com
Energy crises are good times for oil refiners—not so much for the rest of us. more…
Revenge Is A Dish Best Served Cold. Russia Deals Germany Impeccably Timed Oil Blow
Nakedcapitalism.com
Cut off of Kazakh oil through Druzhba pipeline amid global supply crunch deepens Germany’s crises. more…
Von der Leyen’s ‘Gaffe’ Hints at Pressure Building on Türkiye
Nakedcapitalism.com
Western capital has its meathooks firmly into Türkiye. What do western governments want in return? more…
Links 4/28/2026
Nakedcapitalism.com
Our rocky daily links: dino DNA, dam to save AMOC? food shortages worries, China tech (again!), Trump v. new Iran proposal, moar US 'narco" kills, Poland pop collapse? Kimmel v. Trump, Supremes consider glyphosate + bulk warrants, US managed neglect, AI carbo… more…
Cannabis Vaping: Safer Than Smoking…or Just Newer?
Psychology Today
Is vaping weed healthier than smoking it? We unpack some benefits, the known harms, and a few unsettling questions sitting just beyond the boundaries of the current research. more…
UAE Quits OPEC as Many Countries Ramp Up Oil Production Despite Worsening Climate Crisis
Democracy Now!
The United Arab Emirates announced Tuesday it would be leaving OPEC, the Organization of the Petroleum Exporting Countries, on May 1. The UAE has long disagreed with Saudi Arabia over oil production quotas and says it is leaving the group to focus on “nationa… more…
Shell Bets Big On Montney Basin In $16.4 Billion ARC Acquisition
Forbes
Shell bolstered efforts to revive its core oil and gas enterprise with a major acquisition of Canada's ARC Resources. more…
Finding Hidden Geothermal Power With AI
Forbes
This week’s Current Climate newsletter also looks at how SpaceX’s IPO could leave Tesla eating rocket dust and the need for better forest management in a warming world more…
Geospatial AI is reinventing the rainforest beat
Niemanlab.org
In 2018, Joseph Poliszuk fled Venezuela. That year, after exposing corruption in then-President Nicolas Maduro’s administration, he had become the target of lawsuits by wealthy Maduro loyalists. He and several of his colleagues at the independent outlet Arman… more…
Budget 2026 reveals how N.L.'s economy is driven by oil, mining and fishing
CBC News
Newfoundland and Labrador is once again forecasting a hefty budgetary shortfall, but is expected to lead the country by a wide margin in 2026 when it comes to GDP growth. more…
Weitz Investment Management Q1 2026 Commentary
Seeking Alpha
Weitz Investment Management discusses geopolitical conflicts, Fed policy, and the impact of AI on market valuations. Read the full analysis for more details. more…
Petrobras Hits Record Output as Refining Gains Reduce Imports
Yahoo Entertainment
Petrobras reported record oil and gas production alongside stronger refining output in Q1 2026, driven by pre-salt ramp-ups and improved operational... more…
ConocoPhillips cuts Q1 2026 production outlook, beats earnings
Quartz India
The Houston-based oil producer excluded Qatar from its guidance, trimming its full-year forecast to 2.3–2.33 million barrels per day more…
UAE to quit OPEC, opening door to higher output outside quotas
Offshore Technology
The exit would let the UAE raise oil production on its own, free from OPEC’s output quotas. more…
OPEC shake-up throws oil prices major curveball
TheStreet
Every time gas inches above $4 a gallon, you start running the math at the pump. An extra $20 to fill the tank, $200 more a month if you commute. That math... more…
ARC Resources Q1 Earnings Call Highlights
MarketBeat
ARC Resources (TSE:ARX) opened its first-quarter 2026 earnings call by highlighting a pending change of control, after the company announced it has entered... more…
BP Shares Up 20% Since Iran War, Leading All Supermajors
Yahoo Entertainment
BP shares are up 20% since the Iran war began, leapfrogging Exxon and every supermajor as Hormuz disruptions reshape Big Oil's pecking order. more…
Origin Energy Flags Lower LNG Revenue and Cuts Octopus Earnings Outlook
Yahoo Entertainment
Origin Energy posted lower LNG production and revenue in the March quarter while sharply reducing its FY26 earnings outlook for Octopus Energy due to... more…
Crude Oil Prices Rally on Stalled US-Iran Peace Talks
Barchart.com
June WTI crude oil (CLM26 ) today is up +2.68 (+2.84%), and June RBOB gasoline (RBM26 ) is up +0.0602 (+1.81%). Crude oil and gasoline prices are sharply... more…
Current price of oil as of April 29, 2026
Yahoo Entertainment
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why. more…
Chevron Corporation (CVX) Stock In Spotlight After Venezuela Remarks From CEO
Yahoo Entertainment
With stock buybacks of $13.42 billion in the 12 months through September 2025, Chevron Corporation (NYSE:CVX) is among the 20 Stocks with the Biggest Share... more…
Iran War Triggers Helium Shock Threatening Global Chip Supply
Yahoo Entertainment
Qatar’s LNG disruption had a limited lasting impact on gas prices, but it triggered a severe helium shortage, disrupting up to 35% of global supply. more…
Goldman Just Lifted Its Oil Forecast Again — And It's Not What Trump Expected
Yahoo Entertainment
President Donald Trump has called the recent oil shock a “little excursion” and predicted that prices will come down fast when the war in Iran is settled... more…
Whitecap Resources Q1 Earnings Call Highlights
MarketBeat
Whitecap Resources (TSE:WCP) reported what management described as “exceptionally strong operational and financial results” for the first quarter of 2026... more…
Let’s Get This Strait: Ignore Energy Prices at Your Own Peril (and 3 ETFs to Buy Now)
Barchart.com
In a market defined by geopolitical blocks and supply shocks, the winners are those who own the one thing the world can’t live without: Power. more…
Phillips 66 Beats Q1 Estimates by $0.88 Per Share as Refining Margins Surge
Yahoo Entertainment
Phillips 66 beat Q1 estimates by $0.88 per share with $207M net income as higher refining margins and a Middle East-driven oil price rally boosted results. more…
Chevron Q1 Earnings Call Highlights
MarketBeat
Chevron (NYSE:CVX) reported first-quarter 2026 earnings of $2.2 billion, or $1.11 per share, and adjusted earnings of $2.8 billion, or $1.41 per share, as... more…
Canaccord Upgrades Gran Tierra Energy (GTE) to Buy, Lifts PT
Yahoo Entertainment
Gran Tierra Energy Inc. (NYSEAMERICAN:GTE) is one of the best performing small cap stocks so far in 2026. On April 14, Canaccord upgraded Gran Tierra Energy ... more…
Oil Rises as US-Iran Standoff Threatens Prolonged Supply Shock
Yahoo Entertainment
(Bloomberg) -- Oil rose on signals that a US blockade on Iranian ports could go on for an extended period, prolonging an unprecedented supply shock that has ... more…
Air Cargo Demand Slid Nearly 5% in Iran War’s First Month
WWD
IATA data showed Gulf carriers were hit hardest with a 54 percent demand drop, as jet fuel spikes and rerouting drive freight rates higher. more…
China's Rare Earth Leverage Explained in 3 Shocking Charts
Yahoo Entertainment
The Strait of Hormuz crisis is spooking markets, but another crisis has been emerging—one that could hit the entire U.S. defense supply chain. more…
Brits face soaring costs for SALAD as 'Trumpflation' crisis rages with oil price back above $108 a barrel
Dailymail.com
Fresh foods such as cucumber, tomato and lettuce are likely to see the quickest price rises because they are grown in greenhouses and have short supply chains. more…
Do you suffer from uncomfortable bloating on flights? Here's exactly what to eat to stop it, according to a gut specialist
Dailymail.com
It is very unfortunate that the one time you really don't want a dodgy stomach - while stuck in a tiny chair on a plane - is when bloating, constipation and general gut discomfort strike. more…
The Pro-Alberta Case For Holding Weak Oil & Gas Operators Accountable
CleanTechnica
When the Alberta Energy Regulator ordered MAGA Energy to suspend operations in April 2026 over unpaid obligations and failure to meet commitments, it was not just another small oil and gas enforcement story. It pointed to a much larger rural Alberta problem. … more…
Echoes From The Past: What The “Twin Oil Crises” From The 1970s Teach Us About The Coming Impacts Of Hormuz’s Blockade.
CleanTechnica
We’re now two months into Trump’s latest imperial adventure. The sudden attack on Iran’s leadership on February 28th (amidst ongoing negotiations between Iran and the US) led to a series of escalatory measures from both sides that have most notably caused the… more…
China’s Surging Cleantech Exports are dethroning Oil
Juancole.com
China’s solar exports doubled in a month, rising to a record of 68 gigawatts in March. 50 countries broke records for imports of Chinese panels more…
For US Commentators on Iran, Mass Murder Is Magic
Juancole.com
Hawkish commentary in leading American newspapers advanced the premise that the US can dictate terms to Iran in negotiations more…
Bangladesh enters nuclear era with Russian-built power project (VIDEO)
RT
Fuel loading has begun at the first unit of the Rooppur Nuclear Power Plant build by Russia’s Rosatom in Bangladesh Read Full Article at RT.com more…
Beijing blacklists EU firms over Taiwan weapons links
RT
China has imposed export restrictions on dual-use goods targeting defense-linked firms from Germany, Belgium, and the Czech Republic over arms trade with Taiwan more…
60 days later: the US-Israeli war on Iran so far
RT
60 days into the US-Israeli war on Iran, RT looks at how the conflict began, how Iran retaliated, and what comes next Read Full Article at RT.com more…
Richie Moriarty Arrives on Set With Cinnamon Rolls
Grub Street
When on the set of Ghosts, Richie Moriarty subsists on cinnamon rolls and fruit snacks — which has taken its toll over the show’s six season run. ‘Looking back at photos of myself from season 1 is… humbling,’ he writes in this week’s Grub Diet. more…
Wait, Could This Be a Climate Conference That Actually Works?
Thenation.com
Mark Hertsgaard
As the Iran war highlights fossil-fuel risks, a coalition of the willing pursues a global phase out.
The post Wait, Could This Be a Climate Conference That Actually Works? appeared first on The Nation. more…
Gavin Newsom’s dark horse governor candidate drops ultimate Dem taboo with five-word defense
New York Post
The former Health and Human Services secretary under Biden is reported to have accepted a $39,200 donation from Chevron for his gubernatorial campaign. more…
Does the gas industry pay its fair share of tax?
ABC News (AU)
Advocates are proposing a flat 25 per cent tax on gas exports, but representatives say the industry is being unfairly targeted. more…
UAE leaves OPEC in major blow to global oil producers' group
ABC News (AU)
It comes as unprecedented energy crisis triggered by the Iran war exposes splits among Gulf nations. more…
An overlooked Iran-war price shock could send consumer prices soaring, Goldman warns
Business Insider
Goldman Sachs warns that investors are overlooking an impactful war-driven price shock that could send consumer goods soaring. more…
Putin finally loses his iron grip on Russia: Dissenters dare to speak out and even staunch allies turn on him as war effort falters, economy tanks and dictator's approval rating plummets
Dailymail.com
This month, Putin's approval rating plummeted to 65.6 per cent - its lowest level since the start of his military campaign - and a drop of 12.2 percentage points since the start of the year. more…
Superhot geothermal aims to power a next generation grid
Spacewar.com
Paris, France (SPX) Apr 23, 2026
Quaise Energy plans to use superhot geothermal resources to generate large amounts of firm, carbon free electricity from a small number of deep wells. The company reports that new modeling of a candidate site suggests that a… more…
Hydromea and Equinor prove subsea wireless link from seabed to cloud
Terradaily.com
Los Angeles CA (SPX) Mar 29, 2026
Hydromea and Equinor have completed what they describe as the world's first real-time, high-bandwidth wireless data link from the seabed directly to a cloud environment, demonstrating a subsea-to-satellite broadband chain f… more…
Multiple Actions Being Taken to Combat Oil Theft in Texas
Daily Signal
THE CENTER SQUARE—Local, state and federal efforts are ongoing to tackle oil theft in Texas. At the state level, the state legislature, Railroad Commission of Texas and Texas Department of Public Safety are working on several initiatives. RCC Chairman Jim W… more…
SurvivalBlog Readers’ & Editors’ Snippets
Survivalblog.com
Our weekly Snippets column is a collection of short items: responses to posted articles, practical self-sufficiency items, how-tos, lessons learned, tips and tricks, and news items — both from readers and from SurvivalBlog’s editors. Note that we may select s… more…
Australian taxpayers take on risk for major oil and gas projects
ABC News (AU)
Australian governments take on risk to get major resource projects up and running, so why don't they take an equity stake? more…
China Claims to Find Substantial Domestic Oil and Gas Fields
Breitbart News
The Chinese Communist Party announced on Wednesday that it had dramatically expanded the scope of the country's known oil and gas reserves, claiming to have found 225 "large and medium-sized crude oil and natural gas fields" between 2021 and 2025.
The post Ch… more…
War in Iran threatening Japan’s pudding production
SoraNews24
If you don’t end the war, you can’t have any pudding! How can you have any pudding if you don’t end the war?! There are few desserts as beloved in Japan as pudding, though I always have to go through the long-winded discussion that this “pudding” is actually … more…
U.S. Energy Chief: Strait of Hormuz Can Reopen Without Full Demining; Warns Iran Shut-In Could Damage Reservoirs
Naturalnews.com
United States Energy Secretary Chris Wright said that not all mines placed by Iran in the Strait of Hormuz must be removed for ships to resume transit through the vital waterway. “You just need a pathway for ships to be moved in and out,” Wright said in an in… more…
Why Green Energy Can’t Simply Replace Hydrocarbons: A Matter of Survival
Naturalnews.com
Introduction: The Abundance That Hydrocarbons Give Us Hydrocarbons are the hidden foundation of modern civilization. They provide the concentrated energy that grows our food, transports our goods, and builds our infrastructure. Without oil, natural gas, and c… more…
Trump downplays Chinese support for Iran as Strait of Hormuz standoff intensifies
Naturalnews.com
President Trump says Beijing’s aid to Tehran is “limited” despite evidence of Chinese dual-use technology transfers. The U.S. Navy seized an Iranian container ship suspected of carrying Chinese missile components in the Gulf of Oman. China imports one-third o… more…
No Way Out: Why Permanent Damage to Persian Gulf Oil Wells Begins Now
Naturalnews.com
The Myth That Could Collapse Global Energy Markets The common assumption that reopening the Strait of Hormuz will restore the flow of oil is physically wrong. I have been warning for months that this isn’t a pipeline you can just turn back on. The Internation… more…
Oil Prices Rise as U.S.-Iran Tensions Disrupt Strait of Hormuz Shipping
Naturalnews.com
Oil Prices Rise After U.S.-Iran Tensions Threaten Strait of Hormuz Crude oil futures climbed sharply on Monday, April 27, as heightened U.S.-Iran tensions disrupted shipping through the Strait of Hormuz, a waterway that handles about 20% of global oil shipmen… more…
United Arab Emirates to Leave OPEC After 60 Years
Naturalnews.com
UAE Announces Withdrawal from OPEC The United Arab Emirates (UAE) said on Tuesday, April 28, that it will leave the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ group effective Friday, May 1, according to an official statement … more…
We Are Sleepwalking Into a Global Famine â And No One in Power Cares
Naturalnews.com
Colonel Macgregor Is Right About the Coming Catastrophe The United States is pouring billions of dollars and its military credibility into a corrupt Ukrainian regime while ignoring the real powder keg in the Persian Gulf. I have warned for months that the blo… more…
The Twin Economic Superstorms: Why Your Financial Future Is at Risk from Energy Collapse and AI Job Replacement
Naturalnews.com
Two Storms Are About to Hit I have been warning for years that an economic hurricane is bearing down on the United States, and now I see two distinct superstorms converging at once. The first is an energy collapse driven by war and supply chain breakdown. The… more…
The products used in the US most impacted by higher oil prices
The Week Magazine
Everything from condoms to skin care could be affected more…
Aftermath: California Gas Prices Are Up, and It’s Not Just the War
The American Prospect
A refinery oligopoly and exclusive contracts allow the oil industry to price-gouge California drivers.
The post Aftermath: California Gas Prices Are Up, and It’s Not Just the War appeared first on The American Prospect. more…
Aftermath: China Is Electrifying Freight Trucking
The American Prospect
Trump’s Iran war will only accelerate the process.
The post Aftermath: China Is Electrifying Freight Trucking appeared first on The American Prospect. more…
As Iran War Oil Stranglehold Continues, Another Crisis Brews
The Daily Caller
Another shockwave could end up hitting energy markets as the Iran War continues to strangle the flow of oil, experts warn. more…
What The UAE’s OPEC Breakup Actually Signifies
The Daily Caller
This pragmatic energy policy decision is a rational move by a government acting in the national interests of its country. more…
You Are Not Ready For Trump And Iran And Whatever The F*ck THIS Was
Wonkette.com
It's gonna explode any minute now! more…
Iraq Can Restore Oil Exports in One Week After Strait of Hormuz Reopens - Oil Ministry
Sputnikglobe.com
DOHA (Sputnik) - Iraq can restore oil production and exports to previous levels within a week after the Strait of Hormuz reopens, Iraqi Deputy Oil Minister Basim Mohammed said. more…
Venezuela, BP Sign Memorandum of Understanding on Energy Projects – Acting President
Sputnikglobe.com
The Venezuelan government and UK energy giant BP have signed a memorandum of understanding (MoU) to develop joint energy projects, including on offshore gas exploration, Venezuelan Acting President Delcy Rodriguez said on Wednesday. more…