http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/04/japan-weighs-new-release-of-about-20-days-worth-of-oil-from-reserves/ Japan, dependent on the Middle East for some 95% of its oil supply, began releasing oil from its stockpiles on March 16 in coordination with other nations and on its own. http://hydrocarbonprocessing.com/news/2026/04/iran-ceasefire-provides-hope-but-physical-oil-markets-to-remain-stressed/ Disruptions from the effective closure of the Strait of Hormuz are now working their way through supply chains, and physical markets in Asia are under stress and will remain so for months even if it does reopen fully. http://hydrocarbonprocessing.com/news/2026/04/chinas-teapots-seek-iranian-oil-after-prices-fall/ The Chinese refiners, known as teapots, had largely stayed on the sidelines since the U.S.-Iran conflict broke out in late February, causing global oil prices to surge, while Washington temporarily waived sanctions on Russian, Iranian crude at sea erasing discounts for these cargoes. http://hydrocarbonprocessing.com/news/2026/04/japanese-refinery-runs-at-lowest-since-june-2025-on-middle-east-supply-crisis/ Japan began to partially release oil stockpiles from March 16. http://hydrocarbonprocessing.com/news/2026/04/venezuelas-refineries-down-to-31-of-crude-processing-capacity/ The South American country has increased oil output and exports since it agreed to a flagship supply pact with the U.S. government in January, but limited power service, outages and need for major repairs and maintenance are creating obstacles to recovering refining operations. http://hydrocarbonprocessing.com/news/2026/04/afr-selects-axens-as-technology-provider-for-texas-us-refinery/ http://hydrocarbonprocessing.com/news/2026/04/fluor-awarded-engineering-and-design-contract-for-america-first-refinings-refinery-in-south-texas/ http://hydrocarbonprocessing.com/news/2026/04/trumps-shipping-waiver-does-not-boost-oil-flows-within-us-fuel-exports-soar/ Last month, Trump waived Jones Act limitations for 60 days starting March 17, hoping the move would help tame the surge in fuel prices caused by the Iran war by increasing shipments from the U.S. Gulf Coast to other coastal markets in the country. http://hydrocarbonprocessing.com/news/2026/04/irans-revolutionary-guards-say-they-targeted-petrochemical-facilities-in-the-gulf/ http://hydrocarbonprocessing.com/news/2026/04/eib-and-eni-sign-500-mm-in-financing-for-new-biorefinery-in-sannazzaro-de-burgondi/