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Chemicals & Energy: Page 11

Ships Cluster Further From Hormuz Strait as Iran Widens Grip
Since May 4, nearly 60 vessels across different types sailed into an area off Dubai — an unusually large number.
Image: Bloomberg
U.S. Denies Iran Report That Naval Ship Was Hit by Missiles
Project Freedom was set to begin on May 4, with the U.S. military pledging to provide support, including the use of guided-missile destroyers, aircraft and drones.
Photo: iStock / Dimitrios Karamitros
How Biodigesters Can De-Risk Indonesia’s Palm Oil Supply Chain
Palm oil’s supply chain is under simultaneous pressure to lower methane, improve water stewardship, enhance smallholder livelihoods and meet tightening buyer and policy expectations.
Photo: iStock/richcarey
Somali Pirates Hijack Oil Tanker in Red Sea
The Houthis and Somali pirates have cultivated an alliance over the years, with the rebels at times providing technology and military backup.
Photo: iStock / Vidas Pocius
Trump Says U.S. to Start Guiding Trapped Ships Through Hormuz
This new effort does not currently involve U.S. Navy escorts, but rather a coordination process for countries, insurance companies and shipping organizations.
Photo: iStock / 35007
Iranian Ports Could Be Blockaded for ‘Months,’ Says Trump
The economist Paul Krugman, a former New York Times columnist, said he believed most analysts had been “far too sanguine” about the effects of a prolonged Hormuz crisis.
Photo: Bloomberg
Ireland Rolls Out New Round of Fuel Supports
In total, Ireland has spent around €755 million on fuel supports in recent months, as the country's fuel prices have surged since the start of the Iran war.
Photo: Bloomberg
UAE to Leave Opec
The UAE has criticized fellow Arab states for not doing enough to protect it from numerous Iranian attacks during the Middle East conflict.
Image: iStock/William_Potter
Dual Hormuz Blockade Cuts Ship Transits to Near Zero
Oil is trading above $100 a barrel after efforts to resume peace talks stalled, leaving Hormuz almost impassable.
Photo: iStock / Dimitrios Karamitros
California’s Jet Fuel Stock at Three-Year Low
The West Coast is characterized as a “fuel island” because it’s not connected by pipelines to the rest of the country.
Photo: iStock/aapsky
White House Extends Shipping Waiver to August to Ease Oil Crunch
The waiver issued in March has already been used by ships transporting an array of goods — including renewable diesel, crude oil, ammonia, ethanol and gasoline.
The Enterprise Marine Terminal in Freeport, Texas. Photographer: Mark Felix/Bloomberg
Canada Could Nix U.S. Liquor Ban if Tariffs Are Relaxed
No Jack Daniels here. Aurora, Ontario, Canada. Photo: iStock/JulieAlexK
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