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/hungarys-mol-says-capacity-tests-on-adria-pipeline-to-start-next-week/ Hungary and Slovakia are keen to keep supplies coming from Russia and have exemptions from current European Union sanctions. http://hydrocarbonprocessing.com/news/2026/03/brazils-antitrust-watchdog-approves-private-equity-firms-controlling-stake-purchase-in-braskem/ 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/india-invokes-emergency-powers-orders-refiners-to-boost-lpg-output/ 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/us-airlines-no-longer-hedge-fuel-costs-that-could-hurt-margins-if-iran-conflict-lingers/ Jet fuel prices have risen 15% in the past week, another challenge for an industry already dealing with the fallout from the expanding conflict, with more than 20,000 flights cancelled and thousands of passengers stranded. 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/