Trump’s Strait of Hormuz blockade risks new costs for the global economy

For weeks now, the world economy has been on tenterhooks, waiting for one outcome: reopening the Strait of Hormuz. In ...
Donga Science

Mideast Conflict Triggers Naphtha Shortage, Exposing Deeper Problems for South Korea

Scientists say no immediate alternative exists, urging a shift to diversify raw materials and reduce reliance on Middle East.
bne IntelliNews on MSN

Quality matters: How the Hormuz crisis tests refinery flexibility

By Newsbase The disruption highlights a key reality often overlooked in the oil market: while volumes may be globally ...
National Law Review

5th Circuit Affirms Ruling that Home Distillation Ban is Unconstitutional

An April 10, 2026, decision from the U.S. Court of Appeals for the Fifth Circuit affirmed a district court decision and injunction and held that a federal ban on home distillation ...
Oil

Iraq adds new refining capacity, advances Euro 5 fuels production

Iraq's Ministry of Oil has commissioned new refinery projects, increasing fresh crude distillation capacity by 140,000 b/d and upgrading units to produce Euro 5 fuels. Iraq’s Ministry of Oil has ...
Marketplace

Sweet vs. sour? These are the differences in the types of crude oil

WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...
Hydrocarbon Processing

Shell restarts crude unit at Pernis oil refinery

Shell restarted its crude distillation unit on April 15 at its Pernis oil refinery that had shut earlier this week. The Pernis refinery in Rotterdam, Netherlands, with a capacity of 404,000 barrels ...

Pump prices likely to stay high after posting biggest monthly increase in nearly 60 years

Inflation in the US soared last month, with gasoline prices posting their largest monthly increase in nearly 60 years due to ...