Australian LNG

This is hardly worth deconstructing.

The Strait of Hormuz is theoretically open as of today, June 25, 2026, but it is not functioning regularly.

Another energy fight is underway as the ACCC has been asked by Energy Minister Chris Bowen to look into whether electricity retailers have violated misconduct laws by attempting to push through significant increases in daily supply charges that have caught many customers off guard.

More gas cartel lies today.

The following is the worst crock of shit I have read in a long time from the gas cartel.

I gave it two weeks.

Honestly, give it up.

Lordy, this is more like TASTB (Trump always smokes the bone) than it is TACO.

Shell chairman Andrew Mackenzie says the global energy crisis and instability in the Middle East could create a major opportunity for Australia’s LNG industry, as global buyers seek to diversify supply away from the Gulf region.

The Dump says the following.

Gas cartel HQ can’t even do basic maths.

Trump deal fart 39. Shall we call this the FIFA Peace Prize deal. (As a quick aside, how about that Socceroos parked bus?) “The Deal with the Islamic Republic of Iran is now complete,” Trump said in a social media post.

The robber barons aren’t sparing the horses now.

Make of it what you will. Overnight: Despite seriously escalating rhetorical (“blowing the shit out of Iran” and take over Kharg Island) and kinetic action once again overnight, oil prices only managed modest gains as traders now seem reassured by reports (Trump) that an increasing number of oil tankers are sneaking through the Strait (with US help).

The Iran War is back on.

The overnight headlines are of continued war.

Yes, the gas cartel has discovered extra volumes, but only through a miracle that coincidentally matched the timing of the gas reservation and the debate!

It’s been a night of war.

JPM has had the best oil coverage of the Iran war coverage that I have followed.

KOGAS is having a good old whinge at LNG robber baron HQ.

The US bombed Queshm Island and attacked an Iranian oil tanker overnight. In retalian, Iran attacked a US ship. And is bombing Kuwait and Bahrain (probably US bases).

The latest Gulf headlines are a rolling joke.

The Israeli veto on Gulf peace nearly derailed everything last night as talks threatened to collapse owing to Israel’s invasion of Lebanon.

From cartel HQ.