On the Foreign Scene
Scotland’s only oil refinery, Grangemouth, will close in the second quarter of 2025, marking the end of its 100-year history.
Petroineos, the joint venture that owns the refinery, announced the closure due to competition from newer, larger refineries in Asia, Africa, and the Middle East.
This shift will see the refinery transition into a fuel import terminal, reducing the workforce from 475 to just 75 employees. The company says this move will safeguard Scotland’s fuel supply.
In another development,
SpaceX’s Polaris Dawn crew has successfully returned to Earth after a five-day mission that included the world’s first commercial spacewalk. The mission, led by billionaire Jared Isaacman, reached 435 miles above Earth, the highest altitude achieved by humans since 1972.
The mission saw the completion of over 40 experiments, focusing on human health and satellite communication.
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