On June 13, the global energy market reacted sharply to breaking news: Israel had carried out a strike on Iranian military targets. Early fears suggested a broader escalation could be underway, perhaps even one that would drag in Iran’s critical oil infrastructure. While that didn’t happen (Iran’s oil facilities were untouched), the market didn’t wait for confirmation. Diesel futures spiked nearly 8%. Crude oil prices … Read More
The Impact of Typhoons on Global Supply Chains
In recent years, typhoons have become a growing concern for industries worldwide, particularly in the agricultural sector and global supply chains. As climate change intensifies, these powerful storms are causing unprecedented disruptions, leading to billions in losses and a ripple effect across multiple industries. The most recent analysis by FreightWaves highlights the severity of the situation, offering insights into how these natural disasters are reshaping … Read More