http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/03/asia-refineries-petchem-firms-cut-runs-as-middle-east-conflict-disrupts-feedstock-supplies/ Asian steam crackers, which source more than 60% of their naphtha feedstock from the Middle East, have been quick to declare force majeure on petrochemical supplies to customers. http://hydrocarbonprocessing.com/news/2026/03/shell-cnooc-china-jv-to-close-12-mmtpy-steam-cracker-due-to-feedstock-disruption/ http://hydrocarbonprocessing.com/news/2026/03/russia-gets-export-boost-from-iran-war-as-price-of-oil-to-india-surges/ The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) supplies. http://hydrocarbonprocessing.com/news/2026/03/ships-loaded-with-reliance-diesel-jet-fuel-turn-to-asia-instead-of-europe/ Asian buyers are rushing to secure fuel supplies to offset production losses from expected refinery run cuts as the near-halt in traffic in the Strait of Hormuz constrains oil supply to the region. http://hydrocarbonprocessing.com/news/2026/03/south-korea-may-use-fuel-price-cap-to-curb-consumer-prices/ The rising risk of a drawn-out conflict has particular significance for South Korea, the world's fourth-largest oil importer, which gets around 70% of its oil from the Middle East. http://hydrocarbonprocessing.com/news/2026/03/shintech-announces-34-b-expansion-at-louisiana-petrochemicals-complex/ http://hydrocarbonprocessing.com/news/2026/03/thailand-to-boost-fuel-reserves-bids-to-secure-lng-amid-iran-crisis/ http://hydrocarbonprocessing.com/news/2026/03/china-urges-domestic-refiners-to-suspend-fuel-exports-amid-mideast-war/ http://hydrocarbonprocessing.com/news/2026/03/asia-refining-margins-rocket-to-highest-in-nearly-4-years-on-hormuz-supply-disruption/ http://hydrocarbonprocessing.com/news/2026/03/china-releases-decarbonization-program-aiming-for-a-17-reduction-in-emissions-by-2030/