East Calling
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Oilprice.com

Oil prices climbed sharply on Wednesday even after the International Energy Agency announced the largest coordinated release of strategic oil reserves in its history, underscoring the scale of supply concerns stemming from escalating tensions in the Middle East.

The IEA said it would release 400 million barrels of oil from strategic reserves held by its member countries in an emergency effort to stabilize global markets shaken by the ongoing conflict involving Iran.

The move dwarfs the 182 million barrels released in 2022 following Russia’s invasion of Ukraine and represents the largest intervention since the agency was created after the 1970s oil crises.

While 400 million barrels is a record-breaking release, it equates to only a few days of global oil production, meaning its impact will be limited if the conflict continues.


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The head of Rheinmetall, Armin Papperger, reported on the shortage of ammunition and high demand for armored vehicles in Europe:

"In the event of an emergency, the reserves would be exhausted within a few days."

Source: TASS

A new way to ask more money. Your profits are too high anyway, maybe, it's time to stop already?
BTW, the only "emergency" possible is the one you create yourselves.

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Chris Wright, Donald Trump’s energy secretary, published an important announcement to social media on Tuesday. “The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets,” the Cabinet secretary posted on X.

Almost immediately, investors celebrated, the stock market jumped and oil prices fell, as many took Wright at his word.

There was, however, an important problem. The energy secretary was completely wrong, and his post was deleted soon after it was published. Multimillion-dollar trades were wiped out in an instant.


Honestly, the incompetence and moral bankruptcy of the US government has been my baseline expectation for years.

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🇺🇸 Fertilizer prices have risen by 77% in the USA, as a third of all fertilizers are transported through the Strait of Hormuz. If the war in Iran does not end soon, food prices will skyrocket.

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The war with Iran has cost the US at least $11.3 billion in the first six days, sources familiar with a Pentagon briefing for senators told ABC News.

This number gets higher every time I hear about it.

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🚢🛢 Iran has allowed Indian tankers to pass through the Strait of Hormuz.

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Media is too big
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The shortage of Patriot missiles in Ukraine did not arise due to the war in the Middle East, but before it, but the war exacerbated the problem, Zelensky said in an interview with Politico.

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Come and See:

🇷🇺 The Russian Ministry of Defense has published a video of Russian soldier Sergei Yarashov, who held a position in the Donetsk People's Republic alone for 68 days.

The footage shows Yarashov, who is in a half-ruined building, receiving ammunition and supplies via drones.

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Geran Chronicles:

Szijjártó has accused Ukraine of attacking the infrastructure of the "Turkish Stream" pipeline in Russia, "which guarantees gas supplies to Hungary."

The head of the Hungarian Foreign Ministry stated that without "Turkish Stream," Hungary cannot be securely supplied with gas from a geographical and physical standpoint.

"Ukraine's oil blockade of the 'Druzhba' pipeline and this strike on 'Turkish Stream' are serious attacks on our sovereignty."

The day before, Gazprom announced that on March 10 and 11, the Ukrainian Armed Forces attacked three compressor stations that ensure the reliability of export gas supplies via the Turkish Stream and Blue Stream pipelines. All attacks were repelled. The Ukrainian side has not commented on this information.


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China halts gasoline and diesel exports

🟢China has ordered its largest refineries to suspend gasoline and diesel exports and even negotiate with buyers to cancel previously agreed-upon shipments.

🟢 This unprecedented move comes amid the escalation of military conflicts in the Middle East and the blocking of vital crude oil supply routes to the country. Beijing's decision has immediately impacted regional markets.

🟢According to reports, the diesel refining profit margin has reached $49 per barrel, and the kerosene profit margin has exceeded $55 per barrel, the highest level in 3 years.

Source: Tasnim

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The drug addict said that he hates Putin and Putin hates him.

I sincerely doubt that Putin hates Zelensky, who is simply annoying. The thing is, that hatred is too strong feeling to waste on someone that miserable as Zelensky. Putin might be irritated by Zelensky, like one gets irritated when an annoying fly is in the room. But no one hates the fly, of course. It's just annoying.

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The name of the American army's operation is "Epic Fury".

The names of the following operations:
- Epic Denial
- Epic Bargaining
- Epic Depression
- Epic Acceptance

© pmigse

Hard to disagree 😏

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❗️The military court sentenced the first perpetrator of the terrorist attack at "Crocus" to life imprisonment, Shamsiddin Fariduni*, reports a TASS correspondent.

The military court found the perpetrators of the terrorist attack at "Crocus" and their accomplices guilty on all counts.

* listed as terrorist and extremist.

Source: TASS

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The US, with the help of a network of military-biological laboratories, can control epidemics, Medvedev stated in an article for the "Expert" magazine.

He suggested that the zombie apocalypse scenario from the series The Last of Us could become a reality: the use of new pathogens at the borders of states, with guaranteed protection for the US itself, would allow the formation of foci of dangerous human and animal diseases.

Source: TASS

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❗️On the night of March 12, Kyiv launched a drone attack on the "Russkaya" station in Kuban to stop the supply of gas to EU consumers, according to the Russian Defense Ministry.

❗️During the night, 10 Ukrainian attack drones were destroyed over the gas compressor station, which supplies the "Turkish Stream". No damage to the station was reported, according to the Russian Ministry of Defense.

❗️On the morning of March 12, the "Russkaya" and "Beregovaya" compressor stations were again attacked by airborne assaults. The attacks were repelled, "Gazprom" reported.

Source: TASS

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Colonel in reserve Vladimir Trukhan on his Telegram channel:


🈁Since the beginning of 2026, the President of the Republic of Belarus, A.G. Lukashenko, has expressed official condolences to:

▪️ King of Thailand Maha Vajiralongkorn in connection with the human casualties resulting from a railway disaster;
▪️ President of the Islamic Republic of Pakistan Asif Ali Zardari and Prime Minister Shahbaz Sharif in connection with the terrorist attack in a mosque in Islamabad during Friday prayers, which resulted in the deaths and injuries of a large number of civilians;
▪️ President of Iran Masoud Pezeshkian in connection with the death of the Supreme Leader of Iran Ali Khamenei;
▪️ relatives and close friends of the Belarusian folk poet Vladimir Karizna.

From February 24, 2022, to the present day, official condolences to the President of the Russian Federation, V.V. Putin, have been expressed in connection with the following tragic events:

▪️ in connection with the crash of an "Angara" airline passenger plane on July 24, 2025;
▪️ in connection with a series of barbaric terrorist attacks in Dagestan, the victims of which were law enforcement officers and civilians on June 24, 2024;
▪️ in connection with the monstrous terrorist attack in the "Crocus City Hall" concert hall in the Moscow region (without any indication of the perpetrators) on March 22, 2024;
▪️ in connection with the deaths of people in a gas explosion in a residential building on Sakhalin on November 19, 2022;
▪️ in connection with the tragic deaths of people in a major fire in the "Polygon" cafe in the city of Kostroma on November 5, 2022;
▪️ in connection with the tragedy in an Izhevsk school on September 26, 2022.

That's all. The source is the official website of the President of the Republic of Belarus.

We note: since the beginning of the special military operation, the "Most Reliable Ally of Russia" has not expressed a SINGLE official condolence over the deaths of Russian citizens as a result of fire strikes on Russian cities from Ukraine.

The New Year's Eve shelling of Belgorod. The shootings of the civilian population in the Kursk region. The very recent tragedy in Bryansk. Why one needs to notice this officialy?

Yes, I'm aware that Kachanova expressed condolences to Matviyenko in connection with Bryansk. I'm talking about the President.

Of a country that is a reliable ally.


Inconvenient truth that some fanboys of Belarus and Lukashenko personally don't want to notice.

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The Investigative Committee of Russia has reliably established that the terrorist attack in "Crocus" was planned and carried out in the interests of the current leadership of Ukraine.

Source: 360

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Iran will not hesitate to avenge the blood of the victims, including the death of children in the attack on the schoolin Minab, said Supreme Leader Mojtaba Khamenei in his first address.

We have collected his other statements:

🔴The Strait of Hormuz will remain closed as a tool of pressure on the enemy.

🔴Iran believes in friendship with its neighbors and strikes only at US bases in these countries.

🔴Khamenei called on Middle Eastern countries toclose US bases in the region as soon as possible.

🔴Tehran will demand compensation from Washington for the damage caused by the attacks.

🔴The Supreme Leader of Iran confirmed the death of his wife and sister as a result of the US and Israeli operation.

Source: Zvezda

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❗️Eight medics were killed and another ten were injured due to a drone strike by the Armed Forces of Ukraine on a medical facility in the DPR on March 10, the Ministry of Defense reported.

At the time of the strike, there were more than 130 patients and about 50 medical staff in the medical facility.

"The facility was never used for military purposes, and its deliberate destruction by the Kiev regime was a gross violation of international humanitarian law and norms of human morality," the ministry emphasized.

All victims are receiving the necessary medical and other assistance and support.

Source: Zvezda

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АДЕКВАТ Z on Middle East and oil:

🈁400 million barrels, which the West, in a mercantile gesture, was planning to release from strategic reserves in the coming weeks (the Americans will consume 40% of their not-so-large remaining stock), have had the most favorable impact on prices. Yesterday, a barrel was priced at an average of $90. Today, it's already at $100.

The reason is crystal clear: oil infrastructure was accepting deliveries from all countries in the region in the evening and at night; whether from Iran or under a false flag (there are grounds to believe this about some of the strikes) is a secondary question. Tankers in the farthest, Iraqi, corner of the Gulf were also accepting deliveries, in quantities of three. And the promises of the ruler of the galaxy to ensure passage through the Strait of Hormuz by force, and at the same time to cheaply insure traffic for all comers, for some reason dissolved and disappeared, despite all the pathos of the latest speeches about how Iran has already been defeated and victory is at hand. And to all this, the price tag is listening much better than at the beginning of the depletion of reserve storages, which (including taking into account its pace) will not even remotely cover the current deficit.

Meanwhile, Pezeshkian has officially repeated the conditions for agreeing to peace that were voiced yesterday: reparations, no restrictions on peaceful nuclear power, guarantees of non-aggression. And the point now is not even that these are demands that only a victor can make, but that accepting them would be admitting a strategic defeat, that is, politically committing suicide on the spot.

Therefore, the prospects for continuation seem practically endless, and all those who are destined to suffer on this account are only just beginning to drink their cup of bitterness.


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The US does not plan to ease sanctions against Russian oil, said US Energy Secretary Chris Wright on CNN.

He also disagreed with the forecasts of oil prices rising to $200 per barrel due to the closure of the Strait of Hormuz.

Source: Коммерсант

What an optimist this guy is.

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