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Iranian Oil Starts Flowing to Tajikistan Despite U.S. Sanctions Risk
Oil & Fuel OilIndustry news

Iranian Oil Starts Flowing to Tajikistan Despite U.S. Sanctions Risk

Tajikistan announced that it is now receiving oil and petroleum products from Iran, opening a potential new energy source for a country whose fuel supplies have long been dominated by Russia. The deliveries began in late August, Tajikistan's Energy and Water Resources Ministry told the Asia-Plus news agency, following talks between the two countries on expanding cooperation in the oil and gas sector. The ministry has not disclosed the volume of the shipments, their commercial terms, or how the oil and petroleum products were transported to Tajikistan.…

Helena Marsh

CHINACOULDCURBTRADE FLOW INSIGHT
Oil & Fuel OilIndustry news

China Could Curb Fuel Exports as Diesel and Gasoline Stocks Sink

China’s diesel fuel and gasoline inventories are declining, which may eventually lead to the imposition of export curbs, Bloomberg has reported, citing recent fuel inventory data. Gasoline inventories at state-owned energy majors were down by 2.9% last week to their lowest level since 2022, according to Chinese commodity market research firm JLC International. Diesel inventories are sitting at the lowest in 15 months, booking a 2.4% dip last week, the publication noted. “With the domestic market tightening, we see an increasing risk…

Helena Marsh

Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead
Oil & Fuel OilIndustry news

Citadel Eyes U.S. Shale as Oil Trading Moves Closer to the Wellhead

Citadel is shopping for U.S. oil production assets, including a previous bid for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford producer for $4.06 billion. Reuters reported Friday that the hedge fund and commodities trader has held talks with several private-equity owners of oil-weighted exploration and production companies in recent weeks. WildFire would have given Citadel roughly 53,000 barrels of oil equivalent per day of production, about 70% of it oil, plus 810,000 net acres in South Texas. Magnolia ultimately won…

Helena Marsh

Can Trump Isolate Iran Without Triggering a Clash With China?
Oil & Fuel OilIndustry news

Can Trump Isolate Iran Without Triggering a Clash With China?

US sanctions experts say the Trump administration's new campaign to economically isolate Iran could be an effective escalation -- but only if Washington backs its threats with action. US Treasury Secretary Scott Bessent unveiled what he called “Operation Economic Outcast” on August 24, describing it as an unprecedented effort to force Iran's trading partners to choose between maintaining commercial ties with Tehran and access to the US financial system. Yet Bessent announced few immediate measures, leaving the central question unresolved:…

Editorial Desk

Orca AI expands deployment with Eastern Pacific Shipping following successful operational validation

Orca AI expands deployment with Eastern Pacific Shipping following successful operational validation

Orca AI has expanded its collaboration with Eastern Pacific Shipping (EPS) following the successful completion of a pilot involving five vessels and more than 130,000 nautical miles of operations. Following the pilot, EPS will deploy Orca AI’s maritime operations platform across dozens of additional vessels, reflecting confidence in the platform’s ability to support navigational awareness ...

Editorial Desk

Borderlands Mexico: Criminal groups keep pressure on Mexican freight networks

Borderlands Mexico: Criminal groups keep pressure on Mexican freight networks

Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Criminal groups keep pressure on Mexican freight networks; Nuevo León posts $17B in IMMEX exports through May and Mitsubishi Logistics invests $40M in US warehouse expansion. Criminal groups keep pressure on Mexican freight networks Mexican authorities say cargo theft targeting trucking companies is declining nationwide, while Overhaul and recent industry warnings suggest organized criminal groups continue to keep pressure on freight oper

Editorial Desk