live U.S.-Iran standoff continues as Hormuz shipping and diplomacy remain uncertain
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to res...
A fire has broken out at Chevron’s El Segundo refinery in Los Angeles County, California Governor Gavin Newsom’s press office announced on Thursday via X.
Los Angeles mayor Karen Bass stated that the city’s fire department is prepared to provide assistance if needed, noting that “there is no known impact to LAX at this time,” in reference to the city’s international airport.
According to the Los Angeles Times, the cause of the incident remains unclear, while CBS reported that police and firefighters rushed to the site following reports of an explosion.
El Segundo police said they were not aware of any immediate injuries or evacuations of people from the area.
No injuries were reported and all workers at the refinery were accounted for, Chevron spokesperson Allison Cook said in an email. Media said the blaze had been contained, though it was still burning early on Friday.
Chevron's second-biggest refinery in the United States, the El Segundo facility supplies a fifth of all motor vehicle fuels and 40% of the jet fuel consumed in southern California.
Local stunned by the noise of the blast
The fire broke out in the refinery's Isomax 7 unit, which converts mid-distillate fuel oil into jet fuel, two sources said.
Local officials said no evacuation orders were issued for nearby residents, some of whom live in apartment buildings across the street from the refinery.
Residents of Manhattan Beach, located southwest of the refinery, were told to shelter in place until 2 a.m.
Los Angeles residents posted numerous videos of the fire online, saying they were stunned by the noise of the blast. A University of California-San Diego camera captured video of the explosion shortly after 9:30 p.m. PDT (0430 GMT).
The fireball when the fire erupted turned the sky orange in the western Los Angeles area as did the refinery's safety flare, which was set off due to the blaze.
Impact on refinery's production
It was unclear how it would affect the refinery’s ability to produce jet fuel, and whether wider output had been affected.
U.S. WTI crude futures prices were trading up 22 cents at $60.70 per barrel at 1136 GMT on Friday, on course for a weekly loss of more than 7%.
The fire is unlikely to have a large impact on the wider oil market, two analysts told Reuters, but California gasoline prices could rise as the state's fuel market is isolated from other U.S. refining centres in the Midwest and on the Gulf Coast.
If supply is affected, the California market could draw fuel imports from northeast Asia refiners in South Korea, Taiwan and Japan, Asian trade sources said.
Northeast Asia has sent 90,000 barrels per day of jet fuel to the U.S. West Coast region so far this year versus 112,000 bpd in 2024, Kpler data showed.
Chevron’s website states that the refinery has a processing capacity of 290,000 barrels per day, primarily producing petrol, jet fuel and diesel, with a total storage capacity of 12.5 million barrels across around 150 major tanks.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Australia on Thursday condemned Israel’s decision to close its criminal investigation into the deaths of Australian aid worker Zomi Frankcom and six World Central Kitchen colleagues killed in Gaza in April 2024.
North Korea has fired more than 10 short-range ballistic missiles after U.S. President Donald Trump reduced American participation in joint military exercises with South Korea in an effort to revive dialogue with Pyongyang.
Georgia’s foreign trade data for January-July 2026 shows Kyrgyzstan, China and Russia as its top three export markets, highlighting its Middle Corridor ambitions and complex economic ties with Moscow.
Kazakhstan will vote on 23 August in its first parliamentary election under the new Constitution, choosing 145 members of the new Kurultai under a fundamentally changed electoral system based entirely on party lists.
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