Commentary

Refinery Closures Increase California’s Reliance on Fuel Imports

Over the past seven months, California has lost about 17% of its refining capacity with the closure of two refineries: the Phillips 66 refinery in Los Angeles and the Valero...

May 2026

Refinery Closures Increase California’s Reliance on Fuel Imports

May 2026

Iran Strikes the United Arab Emirates

April 2026

The UAE Leaves OPEC

April 2026

The U.S. Sanctions Chinese Refinery Linked to Iran

April 2026

The Strait of Hormuz Remains Effectively Closed and the U.S. Blockade of Iranian Ports Continues

April 2026

The U.S. Attacks an Iranian Cargo Ship