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Indian worker killed in strike as Gulf conflict escalates

Indian worker killed in strike as Gulf conflict escalates

An Indian worker was killed after an Iranian strike hit a power facility in Kuwait, causing significant damage to infrastructure, the country’s electricity ministry said on Monday. According to ministry spokesperson Fatima Abbas Jawhar Hayat, the attack targeted a...

Chemical trade routes prioritize security over cost efficiency

Chemical trade routes prioritize security over cost efficiency

Global trade routes are undergoing their most significant transformation since the first Gulf War as companies prioritize supply chain security over cost efficiency, industry executives said at the WPC March 25. “Unfortunately, every year we come up with a new...

ARA fuel oil stocks down 20%

ARA fuel oil stocks down 20%

The ARA’s independently held fuel oil stocks have slumped 20% lower in March so far, according to Insights Global data. Changes in monthly average ARA stocks from February to March so far: • Fuel oil stocks down 1.29 million bbls to 5.18 million bbls • Gasoil stocks...

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