Peak Demand theories!

Population increase triples in developing part of the world which will be predominantly built on Oil & Gas.

#OOTT #Oil

Key term is “DIPLOMATIC” response, a message to Israel as well!

#Geopolitics #OOTT

“I will convene my fellow G7 leaders to coordinate a united diplomatic response to Iran’s brazen attack.”

🚨🇮🇱DRONES, MISSILES AND AIR DEFENSE LIGHT UP ISRAELI SKIES

Explosions were heard across the country from Golan to Jerusalem to Eilat.

Source: Yediot

This must be one of the most televised drone attack giving enough time for other side to be prepared

Probably it could mean Iranian did this at domestic compulsion, to show they have responded

Lets hope calmer head prevails from here

#Geopolitics #OOTT
bbc.com/news/live/worl…

So what are we talking about?

Russia is….
6% of Global Nickel producer
5% of Global Aluminum producer
4% of Global Copper producer

Metal exports In terms $$
2022: $25 bn
2023: $15 bn

bloomberg.com/news/articles/…

Watch out!! Metals Market and Electrical appliances & automobiles.

US & UK ban Copper, Nickel and Aluminum metals from Russia. So no future contracts via LME or CME!

Russia will sell via other countries but users will increase price.

#OOTT #Metal
home.treasury.gov/news/press-rel…

Israeli Billionaire owned vessel comes under Iranian helicopter raid! #OOTT #Oil

Golden Pass LNG is one step closer to LNG production 👍

#Geopolitics Let’s hope things don’t escalate! But a response from Iran or its proxies seems imminent by many.

As Iranian leadership tries to manage domestic political pressure, hoping any attack is more superficial to stem those pressure than actual serious escalation #OOTT

Platts: March has seen 22 new tanker operators lift Russian crude oil. Sovcomfort (state owned) has lifted much less after India began to reject them. All are basically single ship entities based in Turkey, China, Seychelles, UAE and India

If Crude Oil continues around these $90s / bbl mark, probably helps Saudis and others to ease some of their voluntary cuts..

#OOTT #Oil

Something I've written about for quite some time. Fixing damages for 12 refineries in a matter of months is an extremely difficult task, especially when the process equipment needs to be rebuilt using old specs. Some of the columns in those refineries must be 30-40 years old, it…

Weekend fast approaching!

GPS in parts of Israel disabled and IDF leave cancelled over Iran threat, as the last Friday of Ramadan month approaches!

“Israeli authorities seem to believe an Iranian response is imminent” - BBC

#OOTT #Geopolitics

bbc.com/news/world-mid…

【 #TSUNAMI Warning issued】
- Okinawa Main Island Region
- Miyakojima Region
- Yaeyama Region

EVACUATE immediately to a safer place such as high ground or an evacuation building.

www3.nhk.or.jp/nhkworld/

1/3 This attack that was reported yesterday involved the passenger (cruise) ship Crystal Symphony ( IMO  9066667 ) according to United Kingdom Maritime Trade Operations (UKMTO) . We looked into the vessel and uploaded all details to our Washington Institute map here: storymaps.arcgis.com/stories/756ca7… 
#shipping #RedSea #Houthis

Saudi #Aramco is going ahead with its plans to expand the Fadhili gas plant in the Eastern province

- Capacity of Fadhili will increase from 2.5 bcf to 4 bcf
- $7.7b worth of contracts awarded
- Samsung Engineering, GS Engineering, Nesma & Partners (local) selected

#OOTT #ONGT