Daily Oil Fundamentals

The Long Game Unfolds

25 Aug 2026

The Long Game Unfolds

The insulting invocation of ‘D-Day’ by Scott Bessent, the US Secretary of Treasury, when foregrounding in the ‘Financial Times’ over the weekend of the coming new sanction regime the US will impose on Iran was given meat to its bone yesterday. ‘Operation Economic Outcast’ aims to cut Iran’s economic lifeline by targeting all of Iran’s sources of revenue, including oil, with the goal of preventing corporations and countries alike from conducting trade with Iran.

Daily Oil Fundamentals

Escalating Iran Conflict, Escalating Trade War

24 Aug 2026

Escalating Iran Conflict, Escalating Trade War

There are no visible exit ramps. There was a reason why oil prices strengthened last week. Seemingly unable to succeed on the military front, the US announced fierce economic sanctions against Iran and any other country that supports it. Should the pledged embargo be launched, oil supply from the region will fall.

Daily Oil Fundamentals

Desperation and Frustration

21 Aug 2026

Desperation and Frustration

The goals presumably remained the same, but the modus operandi is changing. Military adventures have not borne fruit, but economic warfare could result in the reopening of the Strait of Hormuz, or so the thinking in the US Administration goes. Its President announced crushing sanctions against Iran (without elaborating) and warned allies and foes alike of the consequences for any country that supports the Persian Gulf nation.

Insights

Daily Oil Fundamentals