Industries | SupplyChainBrain

Industries: Page 38

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
EU Parliament Trade Chief Calls Trump Tariff Threat Unacceptable
Trump on May 1 said he would boost levies on cars and trucks from the European Union to 25%.
Photo: vesilvio, iStock
Trump Lifts Tariffs on Scotch Whisky
The U.S. continues to consume vast quantities of Scotch, in 2025 buying the equivalent of 120 million bottles, almost one for every two American adults of drinking age.
Photo: iStock/Peter Burnett
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
Union Pacific Railroad Secures Contract for Domestic Steel Rail Production
The new rail mill is powered by a dedicated 1,800-acre solar farm, making it the world’s largest solar-powered steel mill.
Photo: iStock / ewg3D
GM Expects $500M Boost from Tariff Refunds
G.M. said it made $2.6 billion in the first quarter of 2026, a 6% decline from the same period a year ago.
Photo: iStock / JHVEPhoto
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
Iran Conflict Strains Circuit Board Supplies
A senior executive with South Korean PCB maker Daeduck Electronics said that the company has already started having conversations with customers regarding price increases.
Photo: iStock / Sergii Kolesnikov
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
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