Japan’s major oil company ENEOS has started producing synthetic fuel using CO₂ and hydrogen derived from water at its Yokohama facility.

It currently produces about 1 barrel a day, but aims to scale to around 10,000 barrels per day by 2040.

🇺🇸🇷🇺 The U.S. Senate just passed the Russia-Iran sanctions bill 86–11, opening the door to tariffs of up to 100% on major buyers of Russian energy.

That is the part markets should focus on.

The bill does not just sanction Moscow directly. It gives Trump the power to raise the cost of buying Russian oil and gas for countries such as India, China, Japan and parts of Europe.

In practice:

Russian barrels may still find buyers.
But those buyers could face a much bigger penalty for taking them.

⚡ That shifts the pressure from Russia → Russia’s customers.

For oil markets, the question is whether buyers reduce Russian exposure, demand steeper discounts, or simply absorb the tariff risk and keep purchasing.

The Senate vote was overwhelming.

The real battle now moves to the House, where lawmakers are much more divided over giving Trump additional tariff powers.

If it passes there too, this could become one of the most aggressive attempts yet to attack Russia’s energy revenues indirectly.