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Before this weekend's tanker seizure, the last vessel Iran hijacked was the St. Nikolas on January 1. A Planet Labs satellite image of the location of the MSC Aries and other tankers recently hijacked by Iran. Planet Labs PBCAs the U.S. considers more sanctions against Iran in response to its recent attack on Israel, Iran has been using the hijacked ships as a means of sanctions retaliation. Iran chose to do this as a way to compensate for sanctions," Madani said. In a note to clients, ClearView highlighted that the House of Representatives added several Iran sanctions bills to its calendar for consideration this week, under suspension rules, including new sanctions on Iranian oil exports to China.
Persons: Nikolas, Houthis, Samir Madani, Eyal Ofer's, Madani, Janet Yellen, Helima Croft, Andy Lipow, Brent, Lipow, Kevin Book, Book Organizations: Anadolu, Getty, MSC Aries, U.S . Naval Forces Central Command, Galaxy Leader, MSC, Planet Labs, U.S . Energy Information Agency, United Arab, JPMorgan, CNBC, Lipow Oil Associates, ClearView Energy Partners, US, UN Locations: Gulf of Oman, Hormuz, Anadolu, Iran, Israel, Gaza, U.S, Iranian, Khuran, China, Russia, Malaysia, United Arab Emirates, Oman, Strait, Tehran, East, North Africa, India, Saudi Arabia, Kuwait, Iraq, France, Germany
Former President Donald J. Trump, the front-runner for the Republican nomination, has repeatedly attacked central elements of the Inflation Reduction Act, including tax credits for purchasing electric vehicles. “Otherwise it’s all going to be on the chopping block.”The Inflation Reduction Act contains various tax credits and other subsidies to incentivize companies to deploy more clean energy projects. It also includes tax breaks for consumers to offset the cost of electric vehicles, heat pumps and other energy-efficient appliances. That could cut the number of eligible vehicles, potentially hindering progress toward the Biden administration’s goal of having electric vehicles make up half of new car sales by 2030. The estimated cost of the Inflation Reduction Act’s energy incentives has effectively doubled since it passed, largely because forecasters believe the legislation will be more popular than they originally expected.
Persons: Biden, Donald J, Trump, “ We’ve, Frank Pallone Jr, Thomas Pyle, , Pyle, Kevin Book, Sean Rayford, ” Mr, John Ketchum, Ketchum, “ It’s, Mr, Sasha Mackler, David Carroll, we’ve, Carroll, T.J . Kirkpatrick, ” Michael Kikukawa, Lori Esposito Murray, Ms, Murray, Jeanna Smialek Organizations: Republican, Democratic, Company, Biden, House Energy, Commerce, American Energy Alliance, ClearView Energy Partners, The New York Times, NextEra Energy, Republicans, Center, Engie, White, Economic Development, Conference Board, Locations: States, China, New Hampshire, America, Indiana, Texas, Irvine , Calif
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael-Hamas conflict enters 3rd day: Here's how it impacts the energy pricesKevin Book, Clearview Energy Partners managing director of research, joins 'Power Lunch' to discuss Israel's oil capacity amid the war, Saudi Arabia's cuts in the oil market, and more.
Organizations: Israel, Clearview Energy Partners Locations: Saudi
The Liberian-flagged oil tanker Ice Energy transfers crude oil from the Iranian-flagged oil tanker Lana (former Pegas), off the shore of Karystos, on the Island of Evia, Greece, May 26, 2022. The United States has sought to limit Iran's oil exports since Donald Trump exited a 2015 nuclear accord in 2018 and re-imposed sanctions aimed at curbing revenues to Iran's government. SVB International, a consultant, estimates Iran's oil production increased in August to 3.15 million barrels per day (bpd), the highest since 2018, with crude oil and condensate exports at just under 2 million bpd. Kpler, a provider of flows data, expects August crude exports to average about 1.2 million bpd, down from a 2018 high of 1.54 million bpd reached in May. Iran's oil minister was quoted by state media as saying crude output will reach 3.4 million bpd by the end of September.
Persons: Costas Baltas, Donald Trump, Joe Biden's, Sara Vakhshouri, Jake Sullivan, Biden, Kevin, Ben Cahill, Vakhshouri, Alex Lawyer, Timothy Gardner, Andy Sullivan Organizations: Liberian, Ice Energy, REUTERS, Analysts, United, SVB, Reuters, White, National, ClearView Energy Partners, U.S . State Department, Treasury Department, Center for Strategic, International Studies, Organization of, Petroleum, Tanker, Thomson Locations: Karystos, Evia, Greece, WASHINGTON, Tehran, China, United States, Iran, South Korea, U.S, Syria, Venezuela, OPEC, Russia, London, Washington
Senator Joni Ernst (R-IA) speaks during a news conference following Senate Republican leadership elections that included the re-election of U.S. The bills are meant to provide a political benefit, as Republicans seek to fulfill 2022 campaign promises and formulate plans to capture the Senate and White House in 2024. "You'll watch it week after week after week." "The real purpose for the House Republican conference is to hold down spending and try to limit the debt," said Republican strategist Charles Black. 2 House Republican Steve Scalise said would target people earning less than $400,000 and break Biden's promise not to raise taxes on that income group.
Clearview's Kevin Book weighs in on the 2023 energy outlook
  + stars: | 2023-01-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClearview's Kevin Book weighs in on the 2023 energy outlookKevin Book, Clearview Energy Partners managing director, joins 'The Exchange' to discuss price risks to the energy stocks and his outlook on the sector.
Fed policy continues to concern oil markets
  + stars: | 2022-12-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed policy continues to concern oil marketsFrancisco Blanch, head of global commodity and derivative research for Bank of America securities, and Kevin Book, managing director at Clearview Energy Partners, join 'Power Lunch' to discuss global supply and demand of oil, impacts of the European Union's price cap, and key takeaways from the latest OPEC meeting.
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