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25 September 2026

The U.S. Strategic Petroleum Reserve is low. Here's why you should care

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Source reporting: NPR News

The U.S. Strategic Petroleum Reserve is low. Here's why you should care

The U. S. has tapped into its strategic oil reserve to help drive down rising gasoline prices in the wake of the war with Iran. Can oil from Venezuela help fill it back up? (Image credit: Brandon Bell)

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25 September 2026

Congestion and costlier bunkers keeping intra-Asia rates high

Unrelenting congestion and rising bunker prices have pushed intra-Asia rates up for a month. Drewry’s Intra-Asia Container Index climbed for a fourth straight week, with typhoon and geopolitical disruptions combining with pre-Golden Week (1 October) demand to drive up spot rates across key routes. On 17 September, intra-Asia rates edged up 6% from 10 September, to $1,402 per 40ft, as typhoon-related disruption continued to ripple through supply chains and constrain available capacity. And ... The post Congestion and costlier bunkers keeping intra-Asia rates high appeared first on The Loadstar .

Source: The LoadstarOriginal source

25 September 2026

Hurricane Polo barrels towards Baja California region of Mexico

Area’s second-most intense hurricane on record being fuelled by exceptionally warm Pacific waters Hurricane Polo is barreling towards the Baja California region of Mexico, the latest system in a Pacific hurricane season that has been notably active in recent months. On 22 September, a measurement of 892 millibars was registered for Hurricane Polo, making it the second-most intense hurricane on record in the east Pacific. It is fuelled by exceptionally warm waters across the Pacific Ocean, providing favourable conditions for the system to maintain its considerable strength. Polo is expected to turn towards the west-north-west, before taking a more north-westerly trajectory on Saturday. It has maximum sustained winds of around 150mph, with even stronger gusts occurring within the most intense parts of the hurricane.

Source: The Guardian WorldOriginal source

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