Valero Shuts Texas Refinery After Explosion Rocks Diesel Unit, Sources Say

Valero shuts Texas refinery after explosion rocks diesel unit, sources say Reuters Valero Energy Corp has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and…

United Airlines Bets Bigger on Premium Travel as Iran War Drives Up Fuel Costs

By United plans to receive over 250 aircraft by April 2028 United focuses on premium seating with new Airbus models Premium travelers seen as resilient to fare increases CHICAGO, March…

US to Continue Iran Strikes, Pause Applies Only to Energy Sites, Semafor Reports

March 24 (Reuters) – The United States will ‌continue its strikes on Iran, with the pause applying only to attacks on Tehran’s energy sites, Semafor ​reported on Monday, citing a…

Valero Shuts Major Refinery After Explosion as Fuel Markets Tighten

Valero has shut down its Port Arthur refinery after an explosion late on Monday set a diesel processing unit on fire, Reuters has reported, citing unnamed sources. Other reports say…

Indian Refiners Cautious Over Iranian Oil Despite U.S. Waivers

The state refiners in India, the world’s third-largest crude importer, have not shown willingness to purchase Iranian crude that has now been ‘unsanctioned’ by the U.S. for a month, amid…

UAE: Weaponizing Hormuz is Economic Terrorism Against the World

Iran’s weaponization of the energy and trade flows through the Strait of Hormuz amounts to economic terrorism against every nation in the world, according to the United Arab Emirates (UAE),…