How Gulf Oil Is Escaping the Strait of Hormuz
Gulf oil producers are bypassing the Strait of Hormuz through ship-to-ship transfers and alternative routes, creating elevated shipping costs and market volatility amid geopolitical tensions.
Gulf oil producers are bypassing the Strait of Hormuz through ship-to-ship transfers and alternative routes, creating elevated shipping costs and market volatility amid geopolitical tensions.
U.S. diesel reserves have declined to near 23-year lows amid geopolitical tensions and supply disruptions, raising concerns about potential food and energy price increases heading into harvest season.
Russia’s nuclear agency Rosatom is developing a training program for Uzbek technicians despite ongoing financing difficulties affecting its reactor construction projects.
Only 7% of planned green hydrogen projects were completed on schedule globally, with implementation challenges extending from California’s transportation sector to industrial applications worldwide.
Shell’s net profit more than doubled to $9.8bn in the second quarter as oil and gas prices surged following Middle East disruptions, marking its second-highest quarterly earnings on record.
China’s aluminum production rose 2.4% in 2025 and 3.8% in early 2026, complicating earlier predictions that emissions had peaked. Cleaner electricity sources and recycling improvements may allow the sector to reduce emissions while maintaining high output levels.