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Strait Of Hormuz
Strait Of Hormuz News
Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz "redundant" in the next five years, HSBC Group CE Georges Elhedery said...
Aluminium is expected to swing into a surplus in 2027, potentially of more than one-million metric tons, as analysts eye a wave of new supply from Indonesia and a recovery in flows from Gulf...
The International Energy Agency (IEA) agreed on Thursday to release over 20-million barrels of diesel to the market and any oil remaining from a record emergency reserves release pledged in March...
Iranian missile attacks on Gulf smelters and the blocking of the Strait of Hormuz have knocked out almost 3-million metric tons of aluminium production capacity. Yet, eight months on, the market is...
Precious metals and technology company Heraeus Precious Metals says gold has remained under pressure as continued tensions in the Middle East push oil prices higher. In its latest ‘Precious...
It must be appreciated that the current high price of fuel is a function of the war in the Middle East and South Africans must work together in confronting it, Mineral Resources and Petroleum...
Motorists are now paying R3.33 more for every litre of 95 petrol. The cost of 93 petrol has risen by R3.12 a litre. More significant for freight and logistics, diesel prices have increased by R2.84...
The global economy is under threat from persistently high energy prices, record public debt and risks from the AI investment boom, International Monetary Fund MD Kristalina Georgieva warned on...
Indonesia, the world’s biggest coal exporter, is failing to tap into soaring prices for the fuel as countries look to offset reduced natural gas supplies from the Persian Gulf. At a conference on...
While total demand for platinum is forecast to decrease this year, there are industries that stakeholders can leverage and strengthen, while market fundamentals still support the metal as a...
While total demand for platinum is forecast to decrease this year, there are industries that stakeholders can leverage and strengthen, while market fundamentals still support the metal as a...
Canada's trade minister said on Tuesday that negotiations on separate free trade agreements with the Philippines and ASEAN are more than 90% complete, with Ottawa pushing to have both deals ready...
Liquefied natural gas (LNG) buyers are looking to diversify sourcing as the US-Israeli war against Iran cuts Gulf shipments, with importers seeking alternatives for the fuel from other suppliers...
While the demand for copper continues to increase amid the rise of data centres, electric cars and the global push to reindustrialise, copper production has lagged, with global copper supply unable...
HighPeak Energy is exploring a sale after receiving acquisition interest, as the US oil and gas exploration and production company focused on the Permian Basin weighs its options, three people...
Most South African manufacturers, besides those few companies benefitting from market tailwinds linked to the deadly conflict disrupting shipping in the Strait of Hormuz, are under strain. The pain...
If a 20% global truck fleet share can be secured at current or near current platinum loading, there is a six-million-ounce platinum opportunity from a demand perspective, according to Valterra...
China and India's LNG imports are likely to rebound from multi-year lows once the Middle East supply crunch ends and prices ease, industry executives expect, reversing a pick-up in coal and oil use...
Geopolitical factors, including regional conflict, have exacerbated titanium and aluminium value chain constraints, raising concerns for aerospace manufacturing, says critical material supply chain...
Global coal demand is forecast to rise by 1.2% in 2026 to a record 8.94-billion tonnes due to the Middle East conflict, the International Energy Agency (IEA) said on Thursday. Disruptions to oil...
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