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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shortage, and traders have gone bullish. They are especially bullish on fuels in the United States, it seems. The world’s biggest crude oil consumer and the biggest exporter of crude and fuels has not managed to avoid a supply squeeze at…

Helena Marsh8 September 2026

Shipping & LogisticsIndustry news

Postal Service contract drivers faulted for English-language violations

A significant number of independent contractors who deliver and collect mail for the U.S. Postal Service lack security clearances, engage in unsafe driving practices or don’t possess required English skills, threatening mail integrity, public safety, finances and the brand’s reputation, according to an audit by the organization’s inspector general. The Postal Service contracts with individuals or companies, who supply their own vehicles, to provide mail service for homes and businesses, primarily in rural and underserved areas. In fiscal year 2025, the Postal Service had more than 8,273 active

Editorial Desk21 August 2026