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Supply Chains in Crisis: Page 23

Trump Admin Waives Jones Act for 60 Days

The impetus behind the suspension appears to be simply an effort to shave a few pennies off the price of gasoline.

Photo: iStock / HeliRy

Argentina's Wine Sector Confronts Consumption Crisis

Argentina's annual wine consumption fell to 4.1 gallons per person in 2025, a far cry from the country's 1970 heyday when it averaged up to 24 gallons a person.

Photo: aywan88, iStock

Iran Conflict Pushes Diesel Prices to Highest Levels in Years

Average U.S. diesel prices sat at $5.04 per gallon as of March 17, marking a 34% increase from the first day of strikes by the U.S. and Israel against Iran.

Photo: iStock / peshkov

Shipping Insurance Costs to Cross Hormuz Soar After Ship Attacks

While the rates are high, it’s also a sign that cover remains available for the handful of vessels looking to cross the vital waterway.

An oil tanker in the Strait of Hormuz. Photographer: Kaveh Kazemi/Getty Images

U.S. Says It's 'Allowing' Iranian Tankers Through Strait of Hormuz

"We want the world to be well supplied," Treasury Secretary Scott Bessent said in an interview with CNBC.

Photo: iStock / 35007

U.S., Iran Keep Up Strikes as Trump Mulls Possibility of Deal

The Islamic Republic hasn’t asked for talks or a ceasefire after Trump told NBC on March 14 that he’s willing to make a deal but wants better terms.

Photo: iStock/TexBr

Greek Oil Tanker En Route to Russia Attacked in Black Sea

The attack on the Greek ship may be linked to “the pressure that countries in the region are applying,” Greek shipping minister Vasilis Kikilias said.

Photo: iStock / HeliRy

Two LPG Ships Sail Through Hormuz to Shortage-Hit India

The two ships were allowed passage through the strait — which has been all but closed for nearly two weeks — after a deal between New Delhi and Tehran.

India has been suffering acute shortage of LPG, used for cooking and industrial processes. Photo: iStock/pixelfusion3d

Strait of Hormuz Closure Continues to Drive Surge in Oil Prices

Any prolonged closure of the Strait of Hormuz threatens to tighten global energy supplies with each passing day.

Photo: iStock / peshkov

U.S. Weighs Plan to Waive Jones Act in Bid to Tame Spiraling Fuel Prices

The 30-day exemption, which is still being developed, is set to apply broadly to vessels moving oil, gasoline, diesel, liquefied natural gas and fertilizer among U.S. ports.

Photo: Bloomberg

Supply Chains Strain to Cope with the Effects of Iran War

With tanker traffic through the strait dropping by 90%, it's not hard to draw a straight line between the ongoing conflict and widespread supply chain disruptions.

Photo: Aaron Schwartz / Bloomberg

Maersk Says it Will Pass War Costs on to Customers

Since the U.S.-Israel war with Iran began, transportation through the vital Strait of Hormuz route has come to a standstill, briefly driving oil prices up close to $120 a barrel.

Photo: iStock / peshkov

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