Wednesday, May 13, 2026

Energy / Oil / Renewables

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China Orders Refiners to Ignore U.S. Sanctions on Key Iranian Oil Buyers

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by Garrison Vance, Natural News:

China’s Ministry of Commerce formally invoked its 2021 Blocking Rules for the first time on May 4, ordering all entities in the country to disregard U.S. sanctions on five domestic oil refiners, according to a ministry statement. [1]

The directive protects Hengli Petrochemical, Shandong Jincheng Petrochemical, Hebei Xinhai Chemical, Shouguang Luqing Petrochemical and Shandong Shengxing Chemical, which were blacklisted by the U.S. Treasury in April for allegedly generating billions of dollars in revenue for Iran by processing sanctioned Iranian crude. [5]

The order comes weeks before a planned meeting between U.S. President Donald Trump and Chinese President Xi Jinping, according to officials. [1]

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Did you know the US and Israel helped create Iran’s nuclear project? Here’s the story

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from RT:

What’s 3,000 people killed in Iran, 2,020 killed in Lebanon, 23 in Israel, and more than a dozen in Gulf states after the US launched its war against Iran? “A little Middle East work” that’s going “very well,” US President Donald Trump said at the White House last week during a state dinner for King Charles.

Trump’s ‘little work’, which involved significant casualties in the region without a clearly defined objective at the outset, was later framed as serving the purpose of ensuring that “Americans and their children would not be threatened by a nuclear-armed Iran.”

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The suppression of oil prices in the US, while continuing to export, is the most idiotic and ruinous thing that any administration could possibly do.

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California Is Facing A “Fuelmaggedon” As Fighting Erupts In The Middle East And The Strait Of Hormuz Remains Closed

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by Michael Snyder, The Economic Collapse Blog:

Would you pay 8 dollars for a gallon of gasoline? I know that may sound crazy to many of you, but that is what some residents of Los Angeles are paying right now. Sadly, the west coast is more dependent on oil from the Persian Gulf than anywhere else in the continental United States, and now the last tanker that departed before the war with Iran began has arrived. What this means is that gas prices are going to go even higher on the west coast. In fact, some gas stations may soon need to add another digit on their pumps in order to accommodate prices that are higher than $9.99 a gallon.

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Chris Martinsen: The Consequence of the Iran War of Choice: an Oil Shock

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Top Army Nuclear Official Leaks Secrets on Undercover Date!

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from The Jimmy Dore Show:

TRUTH LIVES on at https://sgtreport.tv/

Airfare Hikes Hit 25% Amid Iran War Fuel Crisis

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from The National Pulse:

Airfares have surged due to disruptions related to the Iran war, with airlines calling for government action to mitigate operational and financial challenges ahead of the summer tourist season.
PULSE POINTS
❓ WHAT HAPPENED: The ongoing conflict with Iran has caused significant disruptions to air travel, leading to surging airfares as airlines face higher fuel costs and reroute flights. A report from consultancy Teneo highlights a 24 percent increase in the lowest-priced economy tickets compared to last year, with long-haul routes particularly affected.

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Iran, Oil & Famine: How Bad Can It Really Get?

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by David Russell, Gold Seek:

Today’s data presents a picture of resilience that sits somewhat uneasily alongside the geopolitical backdrop, with U.S. retail sales rising by 1.7% in March, comfortably ahead of expectations and reinforcing the view that consumer demand remains strong, and that the Federal Reserve may have less urgency to cut rates than markets had previously assumed.

In more typical conditions, that would have placed clearer downward pressure on gold, yet the reaction has been limited, with prices easing only modestly while continuing to hold near historically elevated levels around $4,700–$4,800, suggesting that while interest rate expectations still matter, they are no longer the sole driver of the market.

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What Does CFR’s Brad Setser Say About Petrodollar Myth and Reality?

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by Mish Shedlock, Mish Talk:

“The glory days of the petrodollar are over,” says Brad Setser CFR fellow.

Petrodollars. Myths and Reality

Please consider Petrodollars. Myths and Reality by Brad Setser, emphasis mine.

The foundation of the dollar’s global role, it is sometimes argued, rests on the willingness of the Gulf countries (but not Russia) to price their oil in dollars.

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JUST IN – IEA Chief says that Europe has “maybe 6 weeks or so of jet fuel left.” — AP

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Oil Markets MANIPULATED to Hide Skyrocketing Costs of PHYSICAL Oil

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from Health Ranger Report:

TRUTH LIVES on at https://sgtreport.tv/

Trump’s Blockade Is Breaking Iran And European Elites Are Angry

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by Brandon Smith, Alt Market:

In March I published an article titled “Global Energy Crisis Or Iranian Surrender In Five Weeks?” in which I outlined the “worst case” and “best case” scenarios for the war in Iran. In my best case scenario I argued in favor of a specific plan to end the conflict quickly: A US naval blockade of the Strait of Hormuz, flipping the tables on Iran by blocking or seizing any oil tankers or gas tankers which exit Iranian ports.

Two weeks later, the Trump Administration has implemented this exact strategy.

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Energy chessboard: How global conflict is reshaping China’s discount oil lifeline

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by Willow Tohi, Natural News:

    • U.S. sanctions enforcement and Middle East conflict have disrupted China’s access to deeply discounted oil from Iran, Russia and Venezuela.
    • A congressional report found China had imported over 2.6 million barrels per day of sanctioned crude, building a strategic reserve at below-market prices.
    • Iran’s strategy in regional conflict includes targeting energy infrastructure and threatening the Strait of Hormuz, a vital global oil chokepoint.
    • The resulting market volatility pressures global allies and has forced temporary U.S. policy adjustments, like a waiver for Russian oil.
  • These shifts are forcing China to pay higher market prices for energy, altering its economic calculus ahead of potential high-stakes diplomacy with the U.S.
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The Petrodollar is Officially Collapsing as the Strait of Hormuz Remains Closed to U.S. and Israel in Spite of Alleged “Ceasefire”

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by Brian Shilhavy, Health Impact News:

The U.S. corporate news headlines for the past 24 hours has stated that there is a 2-week ceasefire agreement in place between Iran and the U.S.

But as of the time of my writing this as the U.S. Stock Market closes on Wednesday, April 8th, the only ones who appear to be benefiting from this alleged “ceasefire” appear to be investors on Wall Street, as this “news” triggered a huge rally on Wall Street today.

Prior to this, BOTH Iran and the U.S. were claiming to have “won” the war by gaining concessions for the “ceasefire.”

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Egypt Goes Dark Amid Energy Crisis

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by Martin Armstrong, Armstrong Economics:

Egypt is now offering a real-time example of what happens when an energy crisis moves from theory into reality, and it is not unfolding in some distant or abstract way but directly in the daily life of one of the most populated nations in the Middle East. Cairo, a city historically known for its nightlife and constant activity, is now being forced into darkness as the government imposes strict measures to conserve energy following the fallout from the Iran war.

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