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Chemicals & Energy: Page 15
Iran Says Non-Hostile Ships Can Cross Hormuz on Its Terms
It’s yet another example of the country claiming sovereignty over the waterway, with the war now in a fourth week.
War Set to Cause U.K. Food Price to Rise, Says Farmers’ Union
Produce grown in glasshouses heated with natural gas, such as tomatoes, cucumbers and peppers, are likely to be quickly impacted by rising energy prices.
Iranian Navy Guided Indian Tanker Through Hormuz, Crew Member Says
Analysts say Tehran is trying to impose a traffic control system through the strait, permitting safe passage for friendly vessels while leaving others fearful of attack.
For California, Jones Act Waiver More Likely to Alleviate Tanker Capacity Crunch than Gas Prices
The California Fuels & Convenience Alliance is among many industry bodies and businesses that would like to see the Jones Act restrictions relaxed or ended permanently.
Oil Market’s Seaborne Buffer Runs Down Fast as Iran War Drags On
The U.S. plan to turn Iranian floating storage into prompt supply will require finding buyers.
White House Takes Crude Oil Export Ban Off the Table
A ban on oil exports could upend global markets, discourage shale drilling and end up not helping American drivers that much, experts say.
U.S. Weighs Removing Sanctions on Some Iran Oil, Bessent Says
The scattergun policy ideas are a sign of the Trump Administration pulling as many levers as it can to tame oil and gas prices.
Taiwan Chip Production Vulnerable to LNG War Shortage
Sustained constraints will eventually cut into chip production, said an Oxford Economics analyst.
Newbuild Tanker Gets Suction Sails
Bound4Blue says the sails
have surged in popularity within the tanker segment, because they have smaller footprints than other solutions.
Trump Admin Waives Jones Act for 60 Days
The impetus behind the suspension appears to be simply an effort to shave a few pennies off the price of gasoline.
Crippled Russian Shadow Tanker Poses Environmental Danger to Mediterranean
It is now two weeks since the
Arctic Metagaz
was badly damaged by a series of explosions and fire, and the crew was rescued.
U.S., Iran Keep Up Strikes as Trump Mulls Possibility of Deal
The Islamic Republic hasn’t asked for talks or a ceasefire after Trump told NBC on March 14 that he’s willing to make a deal but wants better terms.
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