Day: June 19, 2026

The Future of Commodities, LNG, and Trading – Joe Raia, Chief Commercial Officer, Abaxx Exchange

Energy News Beat Energy Security Starts at Home, and your energy dominance is displayed through your exports. Joe Raia, Chief Commercial Officer at Abaxx Exchange, had a fun interview as he stopped by to give us an update. As a commercial tanker captain who moved into commodities trading, he has the knowledge and background to […]

India Orders Major Strategic Oil Reserve Upgrade

Energy News Beat In a decisive move to strengthen its energy security amid recent global supply disruptions, the Indian government has directed state-owned Oil and Natural Gas Corporation (ONGC) to construct and fill a new underground strategic petroleum reserve (SPR) cavern at Mangaluru in Karnataka. The project, estimated at around $1.6 billion, will add 1.75 […]

Trump Now Seeks US Control Over Russia’s State-Owned Natural Resource Companies

Energy News Beat ENB Pub Note: This is an interesting article from Andrew Korybko’s Newsletter on Substack. Times are changing fast, and the trading blocs are in a full change mode.  Trump believes that it’s now possible to obtain the “holy grail” that eluded the US even during the heyday of its unipolar hegemony in […]

Ukraine’s Biggest Strike on Moscow Brings Fears of Fuel Shortage

Energy News Beat In one of the most significant escalations yet in Ukraine’s campaign against Russian energy infrastructure, Ukrainian forces launched a massive drone assault on Moscow on June 18, 2026 — striking Gazprom Neft’s Kapotnya (Moscow) oil refinery for the second time in just days. Nearly 200 drones targeted the facility on the southeastern […]

Iran Asserts Control over Hormuz, Setting Stage for Tolls as Oil Tankers Hold Back Amid Lingering Uncertainty

Energy News Beat Iran is tightening its grip on the Strait of Hormuz, the world’s most critical oil chokepoint, with new rules requiring ships to obtain permission and secure insurance from Tehran. This move explicitly paves the way for future tolls, even as a fragile U.S.-Iran memorandum of understanding (MOU) signed earlier this week aimed […]