Your current location is:{Current column} >>Text
Tropical storm hits US Southwest coast, Texas' largest port announces shutdown.
{Current column}8People have watched
IntroductionTo prepare for Tropical Storm Beryl, Texas' largest port closed operations and halted vessel tr ...
To prepare for Tropical Storm Beryl,World's largest foreign exchange dealers Texas' largest port closed operations and halted vessel transit on Sunday. The storm is expected to regain hurricane strength before striking the area on Monday morning.
The storm had previously intensified to a Category 5 hurricane, causing deadly destruction in the Caribbean. Upon landfall, it could develop into a Category 2 hurricane between Galveston and Corpus Christi on the central Texas coast.
The ports of Corpus Christi, Houston, Galveston, Freeport, and Texas City announced closures on Sunday after being set to "Zulu" status by the Coast Guard Captain. All vessel movements and cargo operations were restricted due to the prediction of strong winds within 12 hours.
Corpus Christi, located about 200 miles (322 kilometers) from Houston, is a major US crude oil export hub. Texas City and Freeport are also crucial for the transport of petroleum and refined products along the Gulf Coast.
The port closures could temporarily halt crude oil exports, oil transports to refineries, and gasoline supplies from these facilities.
The 52-mile Houston Ship Channel implemented transit restrictions on Sunday and subsequently halted all traffic. This channel leads to 8 public facilities and around 200 private docks.
The National Hurricane Center revised Beryl's projected path, expecting the storm to turn north and make landfall near Matagorda Bay. The storm may bring strong winds of up to 85 mph (136 km/h) and cause severe flooding in regions including Houston's suburbs.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Tags:
Related articles
Bank of Japan may hike rates in January, unaffected by Prime Minister's remarks.
{Current column}Eiji Maeda, former executive director in charge of monetary policy at the Bank of Japan, recently st ...
Read moreThe U.S. and Russia might reach an agreement, with the U.S. considering easing sanctions on Russia.
{Current column}US-Russia Relations May Ease as US Considers Lifting SanctionsAs President Trump seeks to improve re ...
Read moreUkraine on U.S. aid halt: Seeks cooperation, boosts arms production
{Current column}Ukraine's Prime Minister: Firm Commitment to Enhancing U.S. Cooperation and Advancing Mineral A ...
Read more
Popular Articles
- kriskopy imposed a $1,860 “security audit fee” , anyone met this? I need help
- The inversion of U.S. Treasury yield curves signals a rising risk of economic recession.
- France and the UK launch a military support plan for Ukraine to build a defensive line.
- Carney elected as Canada's Prime Minister; US
- Brazil's September inflation rose due to soaring electricity costs and drought.
- EU leaders support Ukraine but did not respond to Zelensky's request for artillery shells.
Latest articles
-
Bitcoin falls below $70,000, sparking a pullback in crypto stocks amid macro shifts.
-
Trump announces next
-
Zelensky and Trump argue, escalating tensions in U.S.
-
Trump to apply tariffs to all trade partners, shaking global trade system.
-
Iran may attack Israel, raising Middle East tensions and oil price fluctuations.
-
Israel plans to launch a "Hell Plan" to pressure Hamas into a ceasefire.