California warned of fuel crisis amid Hormuz tensions


Daijiworld Media Network – California

California, May 11: California could face rising fuel prices and possible shortages if disruptions in the Strait of Hormuz continue amid tensions involving Iran, according to the Western States Petroleum Association.

The warning came after reports that the latest oil shipment arriving at Port of Long Beach may be the last cargo from the Middle East route until the ongoing conflict involving Iran is resolved.

According to reports, Western States Petroleum Association CEO Jodie Muller cautioned that California’s increasing dependence on imported crude oil has made the state vulnerable to global supply disruptions and competition from other international markets.

California energy officials reportedly informed lawmakers that the state currently has enough fuel reserves to manage for nearly six weeks if supply disruptions continue.

However, officials acknowledged that the situation could become uncertain beyond that period.

The concerns have intensified after recent refinery shutdowns involving facilities operated by Phillips 66 and Valero, which reportedly reduced California’s refining capacity by around 20 per cent.

State data further showed that nearly 60 per cent of California’s crude oil requirements now come from foreign suppliers, while close to 90 per cent of vehicles in the state continue to depend on gasoline.

  

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Title: California warned of fuel crisis amid Hormuz tensions



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