For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
Category: Supply Chain
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How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock
The New York Times – Business: -
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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Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples
The New York Times – Business:The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
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Amazon Expands Logistics Arm to Outside Companies
The New York Times – Business:The company said its shipping, fulfillment and delivery services would be offered to other businesses. Several large corporations have already signed on.
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Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
The New York Times – Business:A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows
The New York Times – Business:A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States.
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Pentagon Seeks Help From Ford and G.M.
The New York Times – Business:Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
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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.
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New Rules Hinder Foreign Firms From Moving Supply Chains From China
The New York Times – Business:Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.
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This Is Not China’s War, but Beijing Started Preparing for It Years Ago
The New York Times – Business:Long concerned about geopolitical crises, China redoubled efforts to secure energy security when President Trump started raising the stakes in his first term.
