US Iran Oil Prices: Brent Near $88 as Hormuz Risks Persist
Brent is trading near $88 a barrel and WTI near $83 as the US-Iran war disrupts vital energy routes. Here are the confirmed developments, market forces and risks to watch.
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Breakthrough Black Plastic Sorting Enters Real-World Trials
Sesotec is testing an MWIR-based system designed to identify and separate carbon-black plastics earlier in the recycling process.
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Breakthrough Recycled Polyester Resin LOI Boosts ELITe
ELITe’s planned Gujarat facility has gained a prospective customer for up to 15,000 MT of recycled polyester resin annually under a non-binding LOI.
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Volvic Recycled Bottles Mark a Bold Shift—but Questions Remain
Volvic is moving its French bottle range to recycled PET, cutting virgin plastic use while renewed scrutiny highlights the limits of recycling claims.
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Powerful Boost for Baler PET Recycling as Coca-Cola Partnership Grows
Baler is strengthening PET bottle collection across its 13 barangays with new collection bins and a baling machine provided through its partnership with CCEAP.
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“Choke Point Crisis: Strait Disruption Threatens US Iran War Oil Prices”
Brent crude holds near $89/bbl and WTI trades around $83/bbl as deadlocked US-Iran negotiations and Strait of Hormuz shipping risks collide with revised global demand forecasts and unexpected US inventory builds.
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SIPA’s Breakthrough GME 30.40 Neck Finish Cuts PET Weight by 29%
SIPA’s GME 30.40 neck finish has gained approval for nitrogen hot-fill production, offering beverage bottlers a lighter PET format and simpler component management.
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Iran War Oil Prices: Why Brent Is Near $89 and WTI Near $84
Iran war oil prices remain volatile, with Brent near $89 and WTI near $84 as traders weigh disrupted shipping, diplomacy and tighter global stocks.
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Stoney Clear Bottles Mark a Powerful Recycling Shift
Stoney clear bottles are replacing the brand’s familiar brown PET packaging in South Africa, starting with the 2.25-litre format.
