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Antwerp Port Oil Spill Shuts Key Dock, Disrupts Shipping Operations

An oil spill at Antwerp's Deurganckdock has disrupted operations, closing key terminals and halting traffic, with cleanup ongoing, Port of Antwerp-Bruges said Friday.The spill began during a bunkering operation, with the source quickly contained, though oil spread overnight into the Scheldt, impacting vessels and disrupting port operations.Located along the Scheldt river, the Deurganck Dock remains closed even as broader river traffic resumes, the port authority said.Authorities are focusing on clearing contamination before restoring full access to the dock and surrounding terminals, according to the Port of Antwerp.Specialized vessels are actively removing oil across affected zones, including the Noordzee and Europaterminal areas, as authorities work to limit delays and safely restart operations at critical infrastructure, the port authority added.Authorities are also monitoring riverbanks and nearby natural habitats alongside Civil Protection and regional agencies, focusing on limiting environmental damage and cleaning sensitive zones impacted by the spill, it added.Earlier, shipping traffic was halted between key points on the Scheldt, while major locks were shut due to oil presence, leaving the port temporarily inaccessible and impacting inland and seagoing vessels, according to the port authority.One of Europe's largest port hubs, Antwerp hosts major refineries run by Exxon Mobil (XOM) and TotalEnergies (TTE).has separately reached out to Exxon Mobil and TotalEnergies for any comments.Price: $152.95, Change: $-2.09, Percent Change: -1.35%

$TTE$XOM

Trulieve Cannabis to Open Medical Cannabis Dispensary in Lutz, Florida

Trulieve Cannabis (TRUL.CN) on Friday announced the opening of a new medical cannabis dispensary in Lutz, Florida, on April 11.The company said that the new dispensary will carry a "wide variety of popular products" including Trulieve's portfolio of in-house brands such as Cultivar Collection, Modern Flower, Momenta, Roll One, and Sweet Talk.In a statement the company noted that customers will also have access to "beloved partner brands" such as Alien Labs, Bellamy Brothers, Binske, Black Tuna, Blue River, Connected Cannabis, DeLisioso, Khalifa Kush, Love's Oven, Miami Mango, Seed Junky, and Sunshine Cannabis, all available exclusively at Trulieve in Florida."Providing high-quality products in a welcoming environment is central to our mission," said Trulieve's Chief Executive Officer Kim Rivers. "We are thrilled to offer patients in Hillsborough County convenient and compassionate care as part of their wellness journey."Shares of the company were last seen unchanged at $8.87 on the Canadian Securities Exchange.Price: $8.91, Change: $+0.04, Percent Change: +0.45%

$HMMJ.TO$TRUL.CN

Commodities14d ago

Middle East Conflict Derails Solar Supply Chains, Revives Cost Pressures, Wood Mackenzie Says

The Middle East conflict is disrupting solar project execution and delaying the development of alternative manufacturing hubs, tightening global supply chains, and reintroducing cost pressures, Wood Mackenzie strategists said in a note on Friday.Yana Hryshko, senior research analyst and Head of Global Solar Supply Chain at Wood Mackenzie, said that the near-term impact is being felt across projects under construction in the region, where about 110 gigawatts of solar capacity is under execution or advanced stages of development.Developers and engineering, procurement, and construction contractors are delaying shipments, adjusting delivery schedules, and reassessing procurement timelines as uncertainty grows around logistics and transport routes.Rising risks along key maritime corridors have driven up freight rates and insurance costs, pushing regional project capital expenditure higher by an estimated 1-3%, while commissioning timelines in some cases are being delayed by several months.Hryshko said the disruption is spilling into global markets. Shipping costs from China to Europe have climbed since the onset of the conflict, rising by about 18% on routes to Rotterdam and about 10% to Southern Europe.Developers are absorbing these increases, reversing expectations of continued cost declines across the solar sector.Though the short-term effects are significant, Wood Mackenzie analysts say the longer-term implications could be more profound.The Middle East had been emerging as a potential solar manufacturing hub, supported by low-cost energy, favorable industrial policies, and proximity to key markets.Wood Mackenzie announced that manufacturing capacity across modules, cells, and upstream segments exceeded 30 GW, with ambitions to supply both domestic and export demand.However, the ongoing conflict is delaying project timelines, deferring investment decisions, and shifting focus toward operational resilience.The slowdown extends beyond module assembly to critical supporting components such as solar glass, aluminum frames, and mounting structures, which are essential for building competitive local supply chains.Wood Mackenzie projected that global supply chain diversification is likely to stall as a result. Instead of accelerating the development of alternative manufacturing bases, the disruption is reinforcing reliance on established supply chains, particularly in China, where scale and cost advantages remain unmatched.Similarly, vulnerabilities in upstream supply are becoming more apparent in the US. Though US module assembly capacity is projected to reach 50-60 GW by 2026, domestic solar cell production remains limited, leaving manufacturers dependent on imports.Wood Mackenzie said a significant portion of this supply comes from regions now exposed to elevated geopolitical risk, including Oman and Ethiopia.The consultancy projected that the US could lose 20-25% of its external cell supply if disruptions materialize, potentially driving cell prices higher by $0.2 to $ 0.4 per watt and affecting project economics and expansion plans.

Oil & Energy14d ago

EMEA Natural Gas Update: Futures Drop Nearly 7% After JD Vance Signals Optimism on Iran Peace Deal

European natural gas futures were down on Friday after some apparent progress seen towards a lasting peace deal between the US, Israel and Iran after US Vice President JD Vance expressed optimism about a positive outcome.The front-month Dutch TTF contract fell 6.44% to 43.20 euros ($50.66) per megawatt-hour, while UK NBP futures lost 6.75% to 108.88 pence ($1.46) per therm. Dutch TTF futures were set to end the week down by 13.53%, while UK gas was down 14.09%, according to data from Trading Economics.On Friday, Vance departed to Islamabad, Pakistan, to hold talks with Iran, while noting that President Donald Trump had set firm expectations for the negotiating team. Vance also said that a "good faith effort" from the Iranian side could lead to a "successful" deal.Meanwhile, Lebanese Prime Minister Nawaf Salam is expected to visit Washington, after Israel requested direct negotiation following its attacks against the country, according to a CNN report.All of these developments point towards potential de-escalation in hostilities in the Middle East, leading to pressure on European natural gas prices.Meanwhile, the Strait of Hormuz, was still effectively closed for the sixth week running, with just five vessels passing through it over the past 24 hours, according to the Hormuz Strait Monitor.This is in sharp contrast to the typical daily average of 138 ships per day, according to the UK's Joint Maritime Information Center, which noted that there were no new vessel attacks over the past 24 hours.Sultan Ahmed Al Jaber, the CEO of Adnoc, the UAE's state-owned oil company, said that despite the ceasefire announcement earlier this week, the Strait of Hormuz had not reopened.Access to the crucial Strait, which handles 20% of global LNG flows, he said, was still being "restricted, conditioned and controlled," in a social media post on Thursday.Daniel Hynes, a senior commodity strategist at ANZ, said there was "no end in sight to the impasse," with LNG tankers still stuck in the Persian Gulf.Hynes also added that the resulting supply tightness was being compounded by the outages in Australia's LNG facilities, with Chevron's Wheatstone gas facility operating at just 50% of capacity, due to damage from Cyclone Narelle last month.All of this comes at a critical juncture for European markets, as the region enters refilling season with low inventories, at just 28.92% of capacity, compared to 34.97% last year, according to data from Gas Infrastructure Europe.

Financial News · Live Terminal

Antwerp Port Oil Spill Shuts Key Dock, Disrupts Shipping Operations

Trulieve Cannabis to Open Medical Cannabis Dispensary in Lutz, Florida

Antwerp Port Oil Spill Shuts Key Dock, Disrupts Shipping Operations

Trulieve Cannabis to Open Medical Cannabis Dispensary in Lutz, Florida

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Middle East Conflict Derails Solar Supply Chains, Revives Cost Pressures, Wood Mackenzie Says

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EMEA Natural Gas Update: Futures Drop Nearly 7% After JD Vance Signals Optimism on Iran Peace Deal

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