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.
Category: Shortages
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This Is What Happens When the Gas Runs Out
The New York Times – Business: -
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.
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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.
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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.
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Scramble for Jet Fuel Shows How Energy Shortages Are Rippling Across Asia
The New York Times – Business:As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies.
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Attacks on Energy Infrastructure Could Lead to Much Higher Prices
The New York Times – Business:Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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The Iran War’s Economic Threat to Europe and Asia
The New York Times – Business:Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
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The War Is Making It Harder to Keep the Lights On, 2,000 Miles Away
The New York Times – Business:Bangladesh is taking steps to conserve electricity, which its factories need to keep stitching together the world’s clothing.
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Trump Administration Turns to Migrant Workers to Help Farm Labor Shortage
The New York Times – Business:As the president’s immigration policies squeeze an already tight supply of farm labor, the Trump administration is making it cheaper to hire foreign farmworkers.
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Surging Energy Costs Put German Industry ‘Really in Danger’
The New York Times – Business:Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
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War in Iran Has India Scrambling to Keep Stoves Lit for Cooking
The New York Times – Business:India relies on huge quantities of cooking gas that is normally shipped from the Persian Gulf.