David Fickling

The closure of the Strait of Hormuz has disrupted exports of aluminium from smelters in the Persian Gulf, and that has hit beverage manufacturers in India.

The Iran war is coming for your Diet Coke

The disruption in aluminium exports is hitting beverage manufacturing and power grid build-outs

LNG may find a way to soldier on as a raw material for the chemicals industry, but prospects for the roughly 40% that goes into power generation look bleak.

Why US$70 should be the most worrying number for LNG

The number is a decent approximation for the price of LNG-fired electricity from an existing plant

The 1953 Nissho Maru incident is largely forgotten, but prefigured the great geopolitical emergencies of subsequent decades.

A forgotten crisis explains today’s oil shock

With oil and gas supplies soon running out, Iran’s US$2 million-per-ship fee for safe passage to non-hostile nations seems pretty competitive

With a fresh Middle Eastern oil crisis building, Asian EV  manufacturers are poised to seize a new market, says the writer.

Expensive oil is EV makers’ best sales pitch

The supply shock from the Iran war is accelerating Asia’s electric vehicle revolution

The building blocks of the technology industry are deeply dependent on petroleum flowing through the Strait of Hormuz.

Hormuz is the hidden risk to the AI economy

The current geopolitical emergency shows that chip-producing South Korea and Taiwan need to increase the use of renewables

Shipping accounts for about 3% of global emissions, similar to all the aircraft in the sky.
THE BOTTOM LINE

The ships moving global trade are going electric

With each passing year, batteries get cheaper, lighter and more powerful

Elon Musk's Starlink network has nearly 10,000 orbiters so far.

Musk is beating China’s 203,000 paper satellites

The country’s plans are best understood not as a genuine expansion, but a bid to hobble the front-runner

Solar panels are arranged to resemble pandas at a power plant in Datong. Even with a headlong renewables build-out, China's rising electricity consumption means that any shortfalls are met by coal generators.

China’s energy future still runs on old technology

The country already has the power grid of the future; the problem is it’s being used in a grossly inefficient manner

A corn field in Indiana in the US. Yield growth for the three main cereals – corn, rice and wheat – has nearly flatlined over the past five years.

World’s food security is facing a triple threat

Humanity’s risk of starvation is going up with falling crop yields, strained water supplies and restrictive food trade

Residential buildings being built in Beijing, China, which has driven the global cement market for three decades, and still accounts for nearly half of output. But the boom is now well and truly over.
THE BOTTOM LINE

Cement is hitting a wall. There’s no coming back

Prices are at their lowest in a decade, and factories are saddled with more than twice the capacity they need