** The United Arab Emirates’ daily oil output is down by more than half as the Iran conflict and the effective closure of the Strait of Hormuz forced state oil giant ADNOC to implement widespread production shut-ins, two sources told Reuters.
** Iran has asked India to release three tankers seized in February as part of talks seeking the safe passage of Indian‑flagged or India‑bound vessels out of the Gulf via the Strait of Hormuz, three sources with knowledge of the matter told Reuters. Indian authorities seized the three Iran‑linked tankers near Indian waters alleging they had concealed or altered their identities and were involved in illegal ship‑to‑ship transfers at sea.
** Top European Union officials said Tuesday they have offered to pay Ukraine to repair a damaged pipeline meant to carry crude oil to Hungary, in a bid to persuade the government in Budapest to lift its veto on a massive aid package to the war-wracked country.
** Maritime authorities have warned mariners to steer clear of a crewless Russian fuel tanker that has been drifting between Italy and Malta for days after an alleged drone attack, prompting fears of an environmental disaster.
** Cuba suffered an islandwide blackout Monday as deepening energy and economic crises continue to strain a crumbling power grid. It marked the third major outage in four months. A separate blackout just over a week ago affected western Cuba, leaving millions without electricity. The nation has gone three months without oil shipments.
US
** Houston oil company Sable Offshore has resumed operations of its embattled offshore assets in California thanks to a wartime order from the Trump administration, which directed Sable to “immediately prioritize” the flow of oil from its production platform.
** The U.S. Department of Energy’s Office of Electricity (OE) has announced an approximately $1.9 billion funding opportunity to accelerate what it deems “urgently needed” upgrades to the nation’s power grid. DOE argues the investments in the Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades (SPARK) funding opportunity will help meet rising electricity demand and resource adequacy needs, while lowering electricity costs for households and businesses.
** The Nuclear Regulatory Commission (NRC) has rolled back more than a dozen regulations, including the “aircraft impact assessment.” The rule, which was finalized in 2009, required developers of new power plants to demonstrate to the NRC that their reactor core would remain intact in the event of an improbable 9/11-style plane crash.
** Alaska lawmakers say they need more information on the proposed natural gas pipeline’s and export terminal’s costs before they will support the project.
** Linea Energy’s proposed 350 MW Globemallow solar-plus-storage project on private ranchland in central New Mexico advances with minimal opposition.
** The U.S. saw record oil and gas production of an average of 118.5 billion cubic feet per day in 2025, with production in the Permian Basin jumping 11% from 2024.