International Market Highlight – June 11, 2026

Westlark Advisors’ International Market Highlight

In today’s energy market change is constant. It happens quickly, and increasingly, events occurring across the world are influencing markets closer to home. Markets continue to develop in complexity and interconnectedness, which makes it more important than ever to keep track of what is going on – not just in markets across the street, but also across the globe.

The Westlark Team is committed to working with you as partners, helping your business reach its unique goals. As part of our commitment, we are directing more attention to global markets. Our increased focus, along with our expertise in North American markets, allows us to help clients navigate the complexities of energy markets throughout the world.

Providing a Weekly International Market Highlight

Each week, Westlark Advisors provides an International Market Highlight. This “snapshot” of critical market issues is drawn from our weekly report, the International Buzz!

The Westlark Team monitors events and issues that impact shipping, affect energy pricing, and influence market activity in specific regions.

Wherever your business operates, you can be confident that we will provide a steady hand and a shared commitment so you can build sustainable value and growth.

image of several transport ships on the ocean; OPIS; shifting global oil flow

Westlark Advisors International Market Highlight

June 11, 2026

colorful Mexico map with states/regions designated: energy investment

MEXICO

Global Gas is investing $150 million in a new LPG terminal in Tuxpan, Veracruz, featuring 30,000 tons of storage capacity and infrastructure to supply nearly one million households monthly while boosting regional employment and strengthening its distribution network.

colorful, atlas style map of Unites States of America; energy investment

USA

Delfin Midstream has approved a $5 billion offshore LNG project off Louisiana featuring up to three floating production vessels, with the first—set to begin operations in 2030 and potentially the world’s largest—aimed at reducing costs through offshore processing and backed by major partners and long-term sales agreements.

colorful map of Brazil with states/regions designated; energy investment

BRAZIL

Brazil’s ANP plans to pilot LPG cylinder refilling reforms, but industry stakeholders warn the move could increase safety risks, complicate liability, and disrupt the well-regulated supply chain without clear consumer benefits.

colorful map of Ecuador with states/regions designated; energy investment

ECUADOR

Ecuador’s Esmeraldas Refinery has restarted Non-Catalytic Unit 1, part of a broader plan to restore operations to 86% capacity by mid-June, boosting fuel production, cutting diesel imports by 24%, and generating up to $100 million in monthly savings.

map of Middle East and Asia, colorful; energy investment

MIDDLE EAST/ASIA

The escalating conflict between Israel/the U.S. and Iran—including attacks on strategic targets and fears of a prolonged closure of the Strait of Hormuz—is driving a decline in production, rising oil and gas prices, and persistent market pessimism amidst stalled peace negotiations.

If you are interested in more expert market commentary like this, contact a Westlark Team member today!

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Westlark Advisors’ International Market Highlight

By Gabriel Amundarain

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