Saturday, Jul 18, 2026

The World of Petroleum and Bitumen

The June Issue of WPB Journal

The June Issue of WPB Journal

MAGAZINES

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Only Three Cargo Ships Passed Through Hormuz; Is the World Facing a Fresh Explosion in Energy Prices?

According to WPB, the sharp reduction in traffic through the Strait of Hormuz is creating immediate consequences for the Middle East and the wider energy economy. Restricted vessel movement is limiting the normal circulation of crude oil, ...

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Indonesia’s Big Shock to the Global Bitumen Market; Imports Are on the Way Down!

According to WPB, Indonesia’s new requirement for processed Buton asphalt carries consequences far beyond domestic road procurement. The country im...

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Global Bitumen Price _ Week 3 of July 2026

The global geopolitical landscape, particularly concerning the Strait of Hormuz, is currently defined by significant atmospheric uncertainty. However...

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Why Is the U.S. Focusing Its Strikes on Southern Iran?

According to WPB, the renewed United States blockade of Iranian ports and the latest air raids across Iran’s southern coast immediately raise the r...

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Iraq’s $17 billion megaproject takes off as the Faw Highway opens to link the Persian Gulf with Europe!

According to WPB, the completion of a 62-kilometre highway between Al Faw Grand Port and Umm Qasr gives Iraq’s $17 billion Development Road program...

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Drone Strike on Salavat; Is Russia’s Bitumen Market Entering a Crisis Phase?

According to WPB, The July 14 drone strike on the Gazprom Neftekhim Salavat complex is unlikely, on its own, to alter global crude benchmarks, but it...

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