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The sharp DOE benchmark increase didn't surprise futures traders, as ultra-low sulfur diesel on the CME commodity exchange had already been climbing on the back of rising global supply vulnerabilities.
With ongoing international tensions and widening traffic disruptions in the critical Strait of Hormuz chokepoint, energy shipping routes remain deeply unstable. Getting oil tankers safely through the Persian Gulf is only half the battle—the real logistical challenge is ensuring they can return to resume a steady, predictable flow of crude supply amidst absolute market chaos.
07/14/2026
The Port of Long Beach delivered its third busiest June on record, moving 779,000 twenty foot equivalent units (TEUs), a 10.6% increase compared with the same period a year ago.
The strong performance marks the second consecutive month of year-over-year gains, bringing year-to-date volume to more than 4.8 million TEUs, nearly 2% ahead of the first half of 2025’s record-setting pace.
NEW: Trade turbulence turns to record volume for top U.S. port The Port of Long Beach achieved its third-busiest June despite economic uncertainty and war-related supply chain pressures.
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