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Chemicals & Energy: Page 10

Secretary Duffy Comes Under Fire for Sponsored ‘Great American Road Trip’
The Citizens for Responsibility and Ethics called on the DOT’s acting inspector general to investigate whether Duffy violated federal gift and travel rules during the filming.
On the way to Monument Valley, Arizona. Photo: iStock/Pgiam
Swiss Trader Had Lucrative Role Getting Iraqi Oil Through Hormuz
The outsized profits on offer for getting cargo out are drawing wide-ranging interest — from established players in the oil market to relative newcomers.
Photo: Bloomberg
UAE to Fast-Track Pipeline Bypassing Strait of Hormuz
The new pipeline is scheduled to come online sometime in 2027, and would double the UAE's oil export capacity.
Photo: iStock / onurdongel
Canada Lays Out Plan to Double Power Grid by 2050
The plan highlights natural gas in particular as playing an important role in securing reliable and affordable sources of electricity.
Photo: iStock / bjdizx
Cuba's Supply of Oil and Diesel in 'Critical State'
Cuba has dealt with sweeping blackouts in the months since the U.S. started blockading the country's supply of fuel.
Photo: iStock / BirgitKorber
Hormuz Oil Flows Fell Nearly 30% Last Quarter
Roughly 14.6 million barrels a day of crude oil and petroleum liquids moved through the strait in Q1 of 2026, down from 20.4 million over that same period last year.
Photo: Bloomberg
Japanese Refiner Secures Mexican Oil to Bypass Hormuz Chaos
A shortage of petroleum products in Japan has affected sectors from food production to medical equipment makers.
A crude oil tanker departs the Port of Corpus Christi in Corpus Christi, Texas. Photographer: Eddie Seal/Bloomberg
EU to Say Airlines Can Use U.S. Jet Fuel Amid Hormuz Block
Soaring fuel costs, normally the industry’s second-biggest cost after crew, have forced airlines to scrap tens of thousands of flights.
A fuel tanker containing Jet A1 aviation fuel on the tarmac at Vaclav Havel Airport in Prague. Photographer: Milan Jaros/Bloomberg
Fertilizer Shortage Likely to Have Knock-On Effect on Food Supply
The Secretary General of the International Chamber of Commerce warned that the fertilizer shortage could cause deadly food scarcity and price hikes.
Photo: iStock/SolStock
Iran Turns to China Rail Link to Try to Bypass U.S. Blockade
The route, which runs through Kazakhstan and Turkmenistan can only go a small way toward making up for the U.S. blockade.
Source: Bloomberg
Maersk CEO Gives Gloomy Outlook on Reopening of Hormuz
The shipping industry could continue to face elevated fuel costs, as well as concerns around their ability to travel safely into and out of the Persian Gulf.
The Maersk Campton container ship. Photographer: Thierry Monasse/Getty Images via Bloomberg
Shipowners Stay Cautious on Hormuz Despite Hopes of a Peace Deal
It’s possible some shipowners will view the Islamic Revolutionary Guard Corps' pronouncement as an opportunity to attempt passage.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
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