http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2026/05/iran-ukraine-wars-deliver-worst-hit-in-years-to-oil-refining-output/ Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand. 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/japans-idemitsu-returns-to-fossil-fuel-focus-in-new-medium-term-plan/ 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. http://hydrocarbonprocessing.com/news/2026/05/eia-us-crude-and-fuel-inventories-fall-as-iran-war-roils-energy-markets/ Fuel inventories also declined, as exports of petroleum products rose to their highest level on record. http://hydrocarbonprocessing.com/news/2026/05/taziz-secures-285-b-in-agreements-to-expand-uaes-chemicals-infrastructure/ http://hydrocarbonprocessing.com/news/2026/05/egypt-imposes-90ton-nitrogen-fertilizer-export-duty-for-three-months/ The decision follows a separate move earlier this week in which Egypt raised natural gas prices for energy-intensive industries, including fertilizers, petrochemicals, steel and cement, as part of broader efforts to restructure industrial energy pricing. http://hydrocarbonprocessing.com/news/2026/05/chinas-commerce-ministry-blocks-us-sanctions-against-five-refineries/ http://hydrocarbonprocessing.com/news/2026/05/record-us-biofuel-targets-to-test-biodiesel-industry-after-slow-year/ To meet the record target, companies that process soybeans into biodiesel must boost production by over 60% this year. Some industry bodies and biofuel experts doubt they will succeed, yet failure could further stoke the rise in diesel prices.