
Brent Above $113: The Supply Crunch Nobody Is Talking About
Oil hits 18-month highs while U.S. output flatlines and OPEC+ stays silent. The market has stopped asking why.

Core Desk
Oil, Gas, Renewables, OPEC+, Pipelines, LNG, Caspian Energy
Hormuz Shadow Lifts: UAE's Second Bypass Pipeline Is the Gulf's Biggest Hedge
Listen to Sergei Petrov's latest column.
Spent 20 years inside the Russian energy complex before the 2022 pivot changed everything. Now writes from Tbilisi. His Rolodex of energy ministry contacts across 14 countries is unmatched.
4 articles · ~11 min total reading

Oil hits 18-month highs while U.S. output flatlines and OPEC+ stays silent. The market has stopped asking why.

Abu Dhabi moves to complete a second oil export route around the strait by 2027 — while Brent sits at $111.37 and the region burns with covert action.

With Gulf tensions spiking and Brent at $118, the transit corridors through Kazakhstan are no longer a backup plan. They are the plan.

Reports of a Transneft facility hit in Perm region sent crude up 3.35%. Four years into the war, infrastructure remains the swing variable.