Columbia Energy Exchange

It started last year as a pressure campaign at sea, with the United States seizing tankers as part of what President Trump called a "total and complete blockade" of vessels carrying Venezuelan crude subject to US sanctions. It crescendoed on January 3, when US forces captured Venezuelan President Nicolás Maduro, bringing him and his wife to New York on narcoterrorism charges....

Over the past five months, the Strait of Hormuz has been closed for extended stretches of time, disrupting roughly 10 to 15 million barrels of oil supply each day. It is the biggest energy supply shock in history, but global energy markets are defying historical expectations.

Despite lost production and heightened geopolitical instability, crude oil prices are far belo...

As the demand for power surges across the US, the debate over how to build energy infrastructure has reached a fever pitch. And while both sides of the aisle broadly agree that the current permitting process is broken, turning that consensus into actual ​legislation remains a challenge. So how do we define permitting reform, what does meaningful progress actually look like, a...

Critical minerals sit at the intersection of energy technology, industrial competitiveness, and economic resilience. The issue has hit a fever pitch in the United States, driving the Trump administration to establish a $12 billion Strategic Critical Minerals Reserve and take other steps to support domestic mining projects. More broadly, G7 countries recently agreed to step up...

Nearly a month after a ceasefire, the US-Iran deal seems to have all but collapsed as both nations have slipped back into active conflict. On Sunday, Tehran announced that the Strait of Hormuz is once again closed—a move President Trump immediately countered, stating the waterway will remain open "with or without Iran." Since then, both the US and Iran have reportedly begun n...