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Middle East conflict induced global energy bottleneck benefits refiners Shell, TotalEnergies, ExxonMobil and Chevron
05 Aug 20263MINS
SupplementAL
Global fuel markets have become significantly tighter than crude oil markets as refining capacity, rather than crude supply, emerges as the primary constraint following the Middle East conflict, driving refining margins to record highs and boosting earnings for the world's largest oil companies.  While crude oil flows have faced disruption through the Strait of Hormuz during the Iran conflict, analysts said shortages of refined products such as diesel, gasoline and jet fuel have become more a ...
METLEN signs first major US gallium supply deal, strengthening Europe's aluminium value chain
05 Aug 20263MINS
SupplementAL
Europe's efforts to reduce its dependence on imported critical minerals gathered momentum after METLEN Energy & Metals signed a long-term agreement to supply a leading US technology company with approximately 25 per cent of the annual gallium output expected from its planned production facility in Greece. The agreement also highlights the growing strategic importance of Europe's aluminium value chain. Gallium is commercially recovered during alumina refining from bauxite rather than mined dir ...

05 Aug 20263MINS
SupplementAL
Malaysia is considering easing its restrictions on exports of unprocessed rare earths as global competition for critical minerals intensifies, with the government assessing whether conditional exports could strengthen the country's position in the international supply chain while continuing to promote domestic value addition. The Southeast Asian nation imposed a moratorium on exports of raw rare earths in 2024 to encourage greater investment in local processing. However, growing interest from ...
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