In this episode of the Energy News Beat Daily Standup, Michael Tanner and Stuart Turley discuss key developments in global energy markets. Trump’s shift allows China to purchase Iranian oil, signaling a significant pivot in U.S. policy. China has strategically stored vast amounts of oil, preparing for potential Middle East disruptions. Meanwhile, the Texas legislature made strides in addressing grid reliability but didn’t fully resolve the issue. The show highlights geopolitical tensions, oil price fluctuations, and market trends, with a focus on supply and demand dynamics, including a potential 800 million barrel draw from the U.S. Strategic Petroleum Reserves.
Highlights of the Podcast
00:00 - Intro
00:54 - Trump Truths a Strategic Shift: China Can Buy Iranian Oil
03:08 - China Planned for the Middle East Crisis and Has Oil Stored
06:05 - Texas Legislative session came close to solving the Grid issues
10:01 - Markets Update
12:36 - Outro
Please see the links below or articles that we discuss in the podcast.
Trump Truths a Strategic Shift: China Can Buy Iranian Oil
China Planned for the Middle East Crisis and Has Oil Stored
Texas Legislative session came close to solving the Grid issues
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