Category: Shortages

Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline

The New York Times – Business:
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
Lufthansa Cuts 20,000 Flights to Save Fuel Amid Iran War Price Surge

The New York Times – Business:
Global jet fuel prices have jumped more than 70 percent since the start of the war, pressuring airlines in Europe, the largest consumers of jet fuel shipped through the Strait of Hormuz.
Hoarding Is Driving Energy Prices Higher Everywhere

The New York Times – Business:
As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
European Airlines Face Fuel Shortages Within Weeks

The New York Times – Business:
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
Japan Pledges $10 Billion to Help Countries Cope With Oil Prices

The New York Times – Business:
With supply chains at risk, the aid to Southeast Asian nations is aimed at securing the availability of oil-based products, including medical equipment.
Trump’s Latest Oil Blockade Brings Bigger Economic Risks

The New York Times – Business:
Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.
Iran War Drives Deeper Oil Shock Than Prices Reveal

The New York Times – Business:
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don’t fully capture the scale of the disruption.
This Is What Happens When the Gas Runs Out

The New York Times – Business:
With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the Middle East, are already burning more coal and reducing consumption.
The Oil Shocks of the ’70s Changed the World. Will the Iran War Do the Same?

The New York Times – Business:
Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance.
Global Food Supply Faces a Dangerous Bottleneck as Iran War Persists

The New York Times – Business:
Fertilizer prices are climbing as a result of disruptions in the Middle East, putting global food supplies at risk.
An Invisible Bottleneck: A Helium Shortage Threatens the Chip Industry

The New York Times – Business:
With a third of the global supply offline because of the war in Iran, gas companies are scrambling to assure critical A.I. chip makers there will be no disruptions.
Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors

The New York Times – Business:
Iran has allowed a small number of vessels to pass, but that won’t alleviate pressure or risk for the shipping industry and energy markets any time soon.