Wallace S. Wilson Fellow for Energy Studies at Rice University's Baker Institute. Following energy, climate and geopolitics; Persian Gulf author and scholar.

Houston, TX
Joined August 2009
Jim Krane retweeted
🇮🇱🇮🇷📡U.S. officials said the Israelis knew that Iran's air defense systems would detect the sortie 🇮🇱🇺🇸🛩Israel notified the U.S. in advance & described the operation as a training exercise intended for "power projection" & aimed at deterring Iran ahead of the elections
26
83
12
531
144,272
The Middle East produces one-third of the world’s oil. What comes next as exporters diversify? CES Fellow @jimkrane joins Carole Nakhle on Energy Switch to discuss oil, power & economic change. Watch: video.azpbs.org/video/middle… #EnergySecurity @Baker_CME
2
3
224
Jim Krane retweeted
Two Chinese-owned LNG carriers spent 9 and 11 days looping over the trans-Pacific cables, far off their routes to Canada’s Kitimat LNG terminal. One turned an 11-day crossing into 29, reversing course four times. This could indicate a possible cable-mapping operation.
2
7
1
23
5,687
A little context to this @ftenergy claim that ship masters are being paid $100,000 month. 1️⃣The minimum wage for mariners is currently $690/month. Tanker masters are making about $12k/month. 2️⃣The $50k bonus is to sign up for a 3 to 4 month tour on a tanker that is doing shuttle service between the Persian Gulf and the Gulf of Oman 3️⃣The "danger pay" is only paid while the ships are making the Hormuz transit or if the ship comes under attack. It is unlikely that ship owners are paying 4x to 6x to sit in the Persian Gulf or Gulf of Oman, and most assuredly when the ship has departed. 4️⃣The "mercenary" term is derogatory. Instead, the mariners should be considered veterans for willing to take these chances with minimum defenses. 5️⃣ @business ran a story about a Filipino master making about $100k for a three month tour on a tanker, but not each month. This is not saying it is impossible, but it is on the very high end and probably unlikely. It should be noted that shipping companies will Nickle and Dime mariners for every expense and do not think for a minute that they are ravishing their mariners with new found wealth because of their profits. The biggest expense on ships are fuel and crew and they will do everything possible to minimize each to maximize profit.
18
62
9
237
18,975
Total Middle East Crude Oil Exports are up 36% week-on-week to 17.92 million barrels per day; of which 12.35 Mbpd traversed the Strait of Hormuz. Countries covered: Iran (still zero bpd) Iraq (incl. via Syria and Turkey) Israel Kuwait Oman Qatar Saudi Arabia Syria UAE Yemen #OOTT #IranWar #Tankers
36
93
30
592
74,027
Dubai, UAE in 1984, 1994, 2012 and 2026. (Google Earth)
14
80
4
898
222,081
. Saudi Arabia’s nuclear turn isn’t really about cheap electricity Riyadh sits on oil, gas, and some of the world’s cheapest solar. So why sign a U.S. civil nuclear deal?Because nuclear is 24/7 power, something solar can’t do alone. It can replace the million barrels of oil Saudi Arabia still burns for electricity, free that crude for export, and feed desalination with waste heat. It’s also strategy. Domestic uranium. Fuel-cycle know-how. Technology transfer. A way to lock today’s oil wealth into plants that last for generations. And, quietly, an option if Iran or the region’s balance of power shifts. Washington wants the contracts and the influence. Trump then tied implementation to Israel normalization, which makes the whole pact shaky. The UAE already proved Gulf nuclear can work. Saudi Arabia wants the same, and more than kilowatts. Source: @arabcenterdc by @jimkrane
3
4
17
461
A working paper by @Dr_Ulrichsen, @jimkrane and @anamarting2 examines the #Iran war’s expansion from the Strait of Hormuz to the Read Sea. Read it below. ⤵️
As proxy conflicts converge from the Strait of Hormuz to the Red Sea, disruptions to Gulf exports are affecting global commodity markets. 🌍 🚢 A new Middle East Energy Roundtable working paper examines expanding maritime threats to the region’s oil & gas trade. 🔗 Full paper: bit.ly/4j7Uv1F #EnergyPolicy #MaritimeSecurity #RedSea #PersianGulf
1
1
211
🚨The Houthis are threatening to mine the Bab el-Mandeb Strait Iran and its regional proxies have executed a coordinated strategy targeting Saudi infrastructure and complete the "Hormuzisation" of the Red Sea Here is what's happening 👇🇾🇪🇸🇦🇮🇷🇺🇸🧵
8
122
17
286
20,633
BREAKING: Oil loading suspended at Saudi's Red Sea port of Yanbu.
47
512
13
3,960
90,413
"The war doesn’t change the fact that the Gulf’s huge low-cost oil and gas reserves are the world’s most profitable," @jimkrane told @GiorgioCafiero. "But the war signals to investors, including local national oil companies, that they may be prevented from moving cargoes to market.” responsiblestatecraft.org/gu…
1
5
8
783
Jim Krane retweeted
Important to note regarding Saudi-Turkey-Pakistan Mecca Accords: Houthis are attacking Saudi and Israel is attacking Turkey in Syria, and no sign of Mecca Accords allies jumping into action or the alliance itself being relevant. That can change over time, but for now it is not playing a role.
2
197
32
738
123,750
Jim Krane retweeted
Remarkable personal essay in @newlinesmag by a Kuwaiti heading home via Saudi Arabia, on the political mood in both countries Highlights 1) the very different experience of the war in KSA & Kuwait 2) the preoccupation w/citizenship revocations in Kuwait🧵 newlinesmag.com/first-person…
3
22
127
21,442
Starting now!
Today at 10:00 AM ET, join @ArabCenterDC and the Center for Energy Studies at @BakerInstitute for a webinar on how the conflict is affecting global energy supplies and prices, and what the crisis could mean for the global economy and energy markets. Featuring @jimkrane, @ManalShehabi, @gregbupton, moderated by @KhalilEJahshan. Register now 👇 arabcenterdc.org/event/the-i…
2
346
In our U.S.-Iran MoU Expert Analysis, Dr. Gawdat Bahgat: "Several conclusions can be drawn from both the war and the MOU. First, the joint U.S.-Israeli attacks in June last year, and again in February this year, might prompt Iran to cross the line and acquire the bomb. North Korea has not been attacked because it has the bomb, while Ukraine has been invaded because it gave up the nuclear arsenal it inherited from the former Soviet Union. But Iranian officials have consistently referred to the late Ayatollah Khamenei’s fatwa banning nuclear weapons." gulfif.org/u-s-iran-mou-and-…
2
1
432