Hudson Technologies secured a five-year contract with the Defense Logistics Agency while facing increased fuel costs due to the Middle East conflict.

The entities involved

• Defense Logistics Agency →

  government agency

  • The Defense Logistics Agency (DLA) provided fuel support to the U.S. Army.Mon 00:06
  • The Defense Logistics Agency (DLA) supports the U.S. Navy's logistics workforce.Sat 18:51
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • The South African National Treasury is managing fiscal strategy and targets due to the start of a war in the Middle East.10:00
  • Global LNG supply is linked to the stability of the Strait of Hormuz, with oil loading monitored by Kpler and hints of a shift in the oil cartel involving Iraq.09:37

Related events

• Operational costs driven by the conflict in the Middle East are causing increases in diesel prices.Jul 29
• Deployments in the Caribbean and Middle East are increasing costs, prompting the Pentagon to submit ATR actions to Congress.Sat 22:20
• Conflicts in Russia and the Middle East are contributing to market pressure and affecting diesel supplies.Oct 14
• Ceasefire is curtailing tanker crossings, impacting the global energy market.Aug 6
• Conflict in the Middle East caused business uncertainty and cost pressures, though ceasefire hopes supported business optimism.Jul 3