ENERGYSTORY 648· AUGUST 4, 2026

Russia builds out its shadow LNG fleet before EU sanctions tighten

Russia is adding ships to what traders call a shadow fleet, a collection of tankers that operate outside Western insurance networks and ownership registries, to keep liquefied natural gas moving after the European Union tightens sanctions…

NDNewsDialy Desk2 MIN READ

SOURCE

ft.com

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U.S. crude oil rises as Saudi pipeline closure and Houthi attacks fan supply fears

The short version: an oil pipeline has shut down, prices are rising, and the market is weighing how much further the disruption might spread. Supply disruption is the term traders use when oil that was fl

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Oil prices fall as Saudi supply hopes outweigh fresh Houthi strikes

Oil prices fell on Friday as Saudi Arabia signaled additional crude would come to market, and traders decided that news mattered more than fresh Houthi strikes. Crude, the industry shorthand for unrefined oil before it reaches a refinery…

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U.S. oil slides below $100 as Saudi Arabia offers more crude through Hormuz

The price of U.S. oil fell below $100 a barrel after Saudi Arabia reportedly made additional crude available through the Strait of Hormuz. Hormuz is the narrow waterway connecting the Persian Gulf to the open ocean, the main maritime exit…

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