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News & Articles By Sterling Ashworth
04/10/2026
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By Sterling Ashworth
Iran Announces Acceptance of Bitcoin for Strait of Hormuz Transit Fees
Iran to Accept Bitcoin for Strait of Hormuz Transit as Ceasefire Takes Hold Iranian authorities announced on April 8, 2026, a new policy to accept Bitcoin for transit fees from commercial vessels passing through the Strait of Hormuz, according to a report from Bitcoin Magazine [1]. The policy is set to commence next month and […]
04/07/2026
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By Sterling Ashworth
Diesel Prices Exceed $8 Per Gallon in San Francisco as Supply Disruptions Affect California
Introduction SAN FRANCISCO — The average price for a gallon of diesel fuel in San Francisco surpassed $8 on Saturday, April 5, 2026, marking the first time any U.S. city has reached that price threshold, according to data from fuel-tracking website GasBuddy. Patrick De Haan, head of petroleum analysis at GasBuddy, announced the milestone on […]
04/04/2026
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By Sterling Ashworth
U.S. Alerts Goldman Sachs in Paris Following Iranian Group Threat, Heightening Security Concerns
Introduction French authorities placed the Paris headquarters of Goldman Sachs under police surveillance on Wednesday night, April 1, following a specific threat warning issued by U.S. authorities. According to reports, the warning stated that an Iranian group was threatening to attack U.S. bank buildings in the French capital with explosive devices [1]. The alert prompted a security […]
03/31/2026
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By Sterling Ashworth
National Gas Prices Approach $4 Per Gallon as Seasonal and Global Factors Converge
National Gas Prices Near $4 Per Gallon Amid Converging Pressures The national average price for a gallon of regular gasoline has approached the $4 mark, according to multiple market observers. AAA reported the national average at $3.94 per gallon as of Monday, March 30, while other sources noted the figure hovered within 10 cents of […]
03/27/2026
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By Sterling Ashworth
Shell CEO Warns of Potential European Fuel Supply Disruptions
Shell CEO Warns of European Fuel Supply Risk Shell CEO Wael Sawan has warned that European countries could face fuel shortages as soon as next month due to the ongoing U.S.-Israeli war on Iran, according to a recent interview reported by multiple outlets [1][2][3]. Sawan reportedly stated that the disruption is spreading across regions as […]
03/24/2026
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By Sterling Ashworth
Escalation in Middle East Raises Costs, Uncertainty for Planned AI Infrastructure Investment
An escalating military conflict between the United States, Israel, and Iran is disrupting global energy markets and supply chains, raising new questions about the viability of a $1.5 trillion buildout of artificial intelligence infrastructure. Major technology firms have pledged that amount for AI data centers and semiconductor supply chains through 2028, according to industry analysis. […]
03/21/2026
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By Sterling Ashworth
Asian Refiners Increase U.S. Crude Imports as Middle East Conflict Constrains Supply
Asian refiners are accelerating purchases of U.S. crude oil, with shipments to the region projected to reach their highest level in three years for April, according to market analysts. This shift in trade flows is driven by severe supply constraints from the Persian Gulf following disruptions caused by the ongoing conflict between the United States […]
03/17/2026
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By Sterling Ashworth
Trump Orders Historic 172M Barrel SPR Release Amid Middle East Crisis – Lowest Reserve Levels Since 1970s
Large-Scale SPR Release Authorized to Address Energy Costs President Donald Trump authorized the release of 172 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR), marking the largest single drawdown since the reserve’s creation in the 1970s [1]. The action is part of a coordinated international effort approved by the 32-member nations […]
03/12/2026
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By Sterling Ashworth
EIA Projects Oil Price Stabilization Near $70 by Late 2026
Introduction The U.S. Energy Information Administration (EIA) issued a forecast on March 10 projecting that international crude oil prices will stabilize around $70 per barrel by the end of 2026 [1]. The report, the agency’s latest Short-Term Energy Outlook, states that the current high volatility in global energy markets is directly linked to conflict-related disruptions […]
03/11/2026
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By Sterling Ashworth
Saudi Arabia Announces Unilateral Cuts to Oil Production
Announcement of Production Adjustment Saudi Arabia has begun implementing significant reductions to its crude oil output, a move confirmed by industry sources and reported by international news agencies. According to a person familiar with the matter, the kingdom has started cutting production as the near-blockage of the critical Strait of Hormuz begins to fill storage […]
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