Category: Shortages

China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets

The New York Times – Business:
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
Why a U.S. Diesel Export Ban May Not Lower Prices

The New York Times – Business:
President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects.
Pentagon Inspector General Details U.S. Losses and Challenges in Iran War

The New York Times – On the Runway:
Helicopters for evacuating casualties were pulled from four countries, and hundreds of military facilities were destroyed, according to a new report.
Rising Fuel Prices Set Off Anger and Protests Around the World

The New York Times – On the Runway:
From Indonesia to Guatemala to Syria, shortages and price increases are leading to protests and blackouts.
What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.

The New York Times – Business:
President Trump recently blamed Ukrainian attacks on Russian refineries for causing a spike in diesel prices, but analysts say the Iran war is probably a bigger factor.
How the Iran War Made Africa’s Richest Man Even Richer

The New York Times – Business:
Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.
Frenzy for Solar Eclipse Glasses Takes Over London

The New York Times – Business:
Ahead of Wednesday’s rare cosmic event, thousands of people in London are searching for protective eyewear, as prices surge and stocks sell out.
Energy Department Orders Data Centers to Tap Backup Power

The New York Times – Business:
As triple-digit heat engulfs much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused.
The South Korean Mine at the Center of America’s Tungsten Push

The New York Times – Business:
Deep beneath a South Korean mountain, workers are reviving a mine that could challenge China’s grip on a metal vital to weapons, chips and industry.
Lesson Learned From Iran War: Reduce Reliance on Strait of Hormuz

The New York Times – Business:
Increased stockpiles, more pipelines and other tactics could loosen the waterway’s stranglehold on the global economy.
Global Supply Shortages Deepen as War Drags On, Risking Jobs and Growth

The New York Times – Business:
After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.
War and Energy Shortages Boost China’s Influence in Asia

The New York Times – Business:
The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.