Ahead of Wednesday’s rare cosmic event, thousands of people in London are searching for protective eyewear, as prices surge and stocks sell out.
Category: Shortages
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Frenzy for Solar Eclipse Glasses Takes Over London
The New York Times – Business: -
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.
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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.
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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.
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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.
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‘City of Glass’ Is Under Threat From Iran War
The New York Times – Business:In India, Firozabad has depended on its glassmaking industry for centuries. Fuel prices are starting to shatter businesses already under pressure.
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How Jet Fuel Shortages Could Affect Summer Travel to Europe and Beyond
The New York Times – Business:Facing sky-high fuel costs linked to the war in Iran, airlines are cutting routes and raising prices. European vacations are looking a lot less affordable.
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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.
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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.
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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.
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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.