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Russian Offensive Campaign Assessment, September 19, 2026

More LNG Getting Through Hormuz as Producers Push for Transits

Europe Outbids Asia for LNG as Prices Surge 150%. Europe has little choice but to keep buying expensive LNG, setting up another bidding contest with Asia and raising the risk of even higher winter gas prices.

UK Energy Bills Could Jump 25-30% From January as Gas Prices Soar

Bank of Japan raises rates to 31-year high of 1.25% as inflation rises

I stupidly wrote most of this out before checking the number. When I did, I nearly deleted his post, and wrote instead “Who is worrying about this tiny drop in the ocean and why?” The media seem enthralled with artificial catastrophism. Still, the nature of the event is worth comment even if the magnitude is so far small, since everyone is looking, and maybe the next one won’t be so small.

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