Hurricane Isaias is disrupting oil production in the Gulf of Mexico and threatens to affect nearly 2.4% of U.S. refining capacity, amid tight fuel supplies in international markets, CNBC reports.
This is due to wildfires, whose pollutants react with sunlight to form tropospheric ozone, scientists from the University of Exeter in the UK revealed.
Ecuador, Paraguay, and Argentina are the Latin American countries that could suffer the greatest negative economic impact in 2026 due to the climate phenomenon known as El Niño, the World Bank (WB) warned.
Tropical Storm Isaias formed Wednesday in the southern Gulf of Mexico, west of the Yucatan Peninsula, and is expected to strengthen rapidly, according to the US National Hurricane Center (NHC).