http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/05/vietnam-state-oil-company-urges-us-navy-to-allow-tanker-through-blockade/ The U.S. military has expanded its shipping blockade on Iran to include cargoes deemed contraband, although it has said other oil exports from the Gulf are free to sail through. http://hydrocarbonprocessing.com/news/2026/05/us-eia-concedes-middle-east-supply-disruptions-are-far-worse-than-prior-estimates/ Iran's blockade of the Strait of Hormuz continues to wipe off millions of barrels of global oil supply every day the conflict drags on. http://hydrocarbonprocessing.com/news/2026/05/italys-ludoil-buys-sicilian-refinery-as-war-squeezes-europes-fuel-supply/ The Iran war has laid bare Europe's dependency on the Middle East for the supply of jet fuel and other refined products. http://hydrocarbonprocessing.com/news/2026/05/nigeria-fuel-demand-rises-as-dangote-drives-near-full-refining-capacity/ Average daily petrol consumption rose to 51.1 million liters, slightly above the 50 million liters benchmark levels, while diesel demand climbed to 17.3 million liters a day. http://hydrocarbonprocessing.com/news/2026/05/japan-refinery-runs-climb-to-over-70-on-alternative-supply-stockpile-releases/ From March 16, the government has also made available oil from its stockpiles equal to about 75 days' worth of consumption to soften the blow from the supply shortage due to the largely closed Strait of Hormuz. This is Japan's biggest oil release ever. http://hydrocarbonprocessing.com/news/2026/05/japans-idemitsu-returns-to-fossil-fuel-focus-in-new-medium-term-plan/ http://hydrocarbonprocessing.com/news/2026/05/ametek-spectro-scientific-introduces-truvu-360-fluid-iq-analytics-and-intelligence-solution/ Onsite oil analysis is essential for keeping critical assets running reliably. However, traditional approaches often rely on delayed lab results, fixed sampling intervals and test data viewed in isolation. These constraints can obscure emerging issues and make it difficult to predict when change is coming. http://hydrocarbonprocessing.com/news/2026/05/russia-revises-down-oil-and-gas-production-and-exports-forecasts-for-2026-2029/ Russia has faced challenges to its oil and gas industry, including western sanctions and Ukrainian drone attacks on its energy infrastructure which led to oil output decline in early April. http://hydrocarbonprocessing.com/news/2026/05/hungry-to-sell-uae-slips-hidden-oil-tankers-through-strait-of-hormuz/ The volumes are a fraction of the UAE's typical exports before the U.S.-Israeli war on Iran but they demonstrate the risks the producer and buyers are willing to take to free up oil sales. http://hydrocarbonprocessing.com/news/2026/05/seven-markets-to-track-if-peace-breaks-out-in-the-middle-east/ Here are key charts - across crude, products, shipping, gas, industrial commodities and equities - to gauge whether markets are pricing a temporary easing of tensions or a structural shift in global supply and demand if a peace deal emerges.