What do we know about damage to CPC pipeline loading port?
Host
Helima Croft
One mooring point down, loadings at fraction of normal. Key question is whether this is one-off attack or start of new conflict phase.
Oil up slightly but still below $60, not at $100. Could attacks help or hurt peace talks?
Host
Helima Croft
Ukraine has sophisticated drone capabilities without US tech. Question is whether Putin feels squeezed by attacks and sanctions.
Hard to reconcile Germany preparing for war by 2030 with WTI at $55.
Host
Helima Croft
View that Trump could manifest peace agreement like Gaza, but Ukraine gets a vote and weekend attacks show escalation.
Even with oil in $50s, US production at record 13.84M bpd. Permian tapped out? Venezuela situation with Trump advisors meeting.
Host
Helima Croft
With US military assets in region, end game likely Maduro gone, but Maduro faces prosecution risks if leaves Venezuela.