Aviation Fuel
Baton Rouge to Melbourne: Iran war and rising prices upend jet fuel trade
Rather than acute shortages, the immediate impact has been a sharp rerouting of supply, with cargoes travelling record distances as refiners and traders redraw trade maps to keep aviation moving.
Northeast Asia ships first jet fuel to Europe since Iran war
Shiptracking data showed Asia has not shipped jet fuel on this route since the latest phase of the Middle Eastern crisis began on February 28 with U.S.-Israeli airstrikes on Iran.
UK defers import ban on diesel, jet fuel derived from Russian crude
The decision was criticized by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.
Iran, Ukraine wars deliver worst hit in years to oil refining output
Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
