Kardamow
Riko KardamowIndependent, irreverent research on energy, macro, and geopolitics.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 63 | Founded | 2 years ago | Last Issue | 21 hours ago |
| Active | |||||
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kardamow.substack.comLatest Issues
Wired in Series
Westports sits on the Malacca Strait with a container record set the year before the war — 11.3 million boxes in 2025 — and in June 2026 it is doing something stranger than booming: turning away diverted cargo with unclear final destination...
A Convoy Is Not a Flow
Two manifests for the same oil market posted in Washington this Wednesday, a few hours apart, and they cannot both be the story.
The first came from the Oval Office.
President Trump told reporters that American forces have been running o...
Why Did Brent Fall When Eleven Million Barrels Disappeared?
An editorial note before the piece.
From this week, Kardamow widens its coverage of the physical energy markets.
Alongside the established weekday essays, the publication will run short weekly interpretations of the offic...
Goodwill Is Not a Cash Balance
In Seoul this autumn, at a state dinner held in his honour, the president of South Korea handed Donald Trump a gold crown and closed the evening with a course the kitchen had labelled the Peacemaker’s Dessert.
Mark Rutte, secretary-genera...
The Warehouse Has Never Lost a Parcel
The dollars are safe — whether they are yours is a different question.
A market fenced off from its own country
On 5 May, Zimbabwe moved its dollar-denominated stock exchange out from under the national securities regulator and...
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| Subscribers | Engagement | 76 | Monthly Web Visits | ||
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Authors
The writers behind this newsletter.
research on energy, macroeconomics, and geopolitics.
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