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December 10, 2025
Venezuela will likely retain its seat in OPEC, even if U.S. president Donald Trump succeeds in forcing a change in government in the oil rich country. The U.S. wants to strengthen its alliance with the cartel while expanding its own sphere?of?influence. The U.S.
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December 9, 2025
The SailGP team in Britain has signed Stuart Bithell to be their wing trimmer. This will reunite him with Dylan Fletcher who was his Olympic gold medal-winning partner at the Tokyo Games for the?49er. Bithell is a veteran of 'four' SailGP seasons…
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December 8, 2025
On Monday, Russian President Vladimir Putin signed a decree clearing the way for 'potential deals' with Rosneft and Shell's joint venture stake in Caspian Pipeline Consortium which exports oil mostly from Kazakhstan. The decree stated that it "allowed" the transactions, which could?result?
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December 8, 2025
The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.
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December 7, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments ratchet sanctions up on those who skirt the sanctions will determine the final outcome. The West will need to move quickly…
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December 7, 2025
The skipper of Britain's Dylan Fletcher had a message for his crew as he lined up to compete in the SailGP grand final three-boat race last month: "Welcome the $2 million lottery". "The expression meant that there was nothing to lose, and that it is an opportunity.
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December 6, 2025
An official of the coast guard said that 18 migrants drowned after their boat capsized 26 miles (40km) south of Chrysi in southern Greece. Two were rescued. The boat was first detected by a Turkish freight ship which then contacted Greek authorities.
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December 5, 2025
The transport ministry announced that the rescue operation was put on hold because of bad weather. The vessel has been identified as the sanctioned tanker Kairos. It was struck in the Black Sea by a Ukrainian drone last week in Turkey's Exclusive Economic Zone…
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December 5, 2025
The G7 plan to ban tankers from transporting Russian oil raises the stakes in the West-Moscow economic standoff, but whether governments will increase punishments for those who skirt sanctions is the real question. The West will need to move quickly…
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December 5, 2025
The Norwegian defence ministry announced on Friday that it plans to purchase two additional submarines and some long-range cannons from Germany. This will be at a higher price than previously due to the high demand for military gear. The order…
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December 5, 2025
The local emergency centre reported on Friday that a Ukrainian drone attack was responsible for a fire in the Russian port of Temryuk at the Azov Sea. Temryuk is a company that deals with liquefied Petroleum Gas (LPG), oil and petrochemical products, grain and other bulk foods.
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December 4, 2025
A U.S. official announced on Thursday that the Pentagon had completed its review of AUKUS, the project designed to supply Australia with nuclear submarines. The Pentagon found ways to make the deal "strongest" possible. The U.S. government announced…
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December 4, 2025
Hapag-Lloyd's chief executive, who is the fifth-largest container company in the world, said that there was no set date for the return of shipping through the Suez Canal. In an online chat with customers, CEO Rolf Habben Jansen said that no date has been set for a return to normal operations.
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December 4, 2025
Eramet, the French mining company, said that it aims to increase its manganese and lithium deliveries from Gabon, as well as from Argentina, in order to improve its finances which has been affected by declining profits and increasing debt. Early December…
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December 4, 2025
Richard Marles, Australia's Defence Minister, said that Australia has received the United States review of the AUKUS partnership for nuclear submarines and is "working it through". In June, President Donald Trump announced that his administration had begun a formal review of the AUKUS deal.
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December 3, 2025
The price of European wheat was not much different on Wednesday, as traders assessed the initial results of an Algerian import bid and concerns over escalating war in the Black Sea receded. The most active contract, March wheat on Paris' Euronext exchange…
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December 3, 2025
According to shipping documents and data, Venezuelan oil exports increased slightly in November to 921,000 barrels a day (bpd), the third highest monthly average this year. The country used more diluting agents to produce exportable grades.
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December 3, 2025
A senior Taiwan official revealed on Wednesday that China's military simulates foreign naval vessels being attacked in the Taiwan Strait, and Taiwan shares information with international partners who operate in these waters. China, which claims democratically-governed Taiwan as its territory…
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December 2, 2025
Euronext wheat recovered from its contract lows on Tuesday as an Algerian auction raised the prospect of new demand. Meanwhile, renewed threats against Black Sea shipping due to the Russia-Ukraine conflict also unnerved traders. The most active contract…
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December 2, 2025
Euronext wheat recovered from its contract lows on Tuesday as an Algerian auction raised the prospect of new demand. Meanwhile, renewed threats against Black Sea shipping due to the Russia-Ukraine conflict also unnerved traders. The most active contract…
