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May 12, 2026
Thyssenkrupp increased the value assigned to its steel business on Tuesday by a quarter, just two weeks after failed talks to sell to India's Jindal Steel. Thyssenkrupp, a German company, has tried to sell Europe's second largest steelmaker, ArcelorMittal, for years.
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May 9, 2026
U.S. and Iran did not appear to be any closer to a resolution of their conflict on Saturday after both sides exchanged fire in the Gulf during a tenuous truce. A U.S. intelligence analysis found that Tehran could survive a naval blocade for several months.
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May 7, 2026
Taiwan conducted the first torpedo firing of its domestically-developed submarine. This is a significant milestone in a project that aims to strengthen deterrence and protect vital sea lanes if war breaks out. Taiwan, which China claims to beā¦
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May 6, 2026
EDP Renewables will continue to invest in the United States, despite the recent decision by the company to withdraw from offshore wind. This was revealed on Wednesday by CEO Miguel Stilwell de Andrade. He said EDPR would maintain the 'plannedā¦
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May 4, 2026
Trade sources reported that 'Indian traders are now exporting wheat to Asia and the Middle East for a first time in 4 years. Sources declined to identify themselves as they were not authorized to speak to media. ITC didn't immediately respond to an inquiry for comment.
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May 3, 2026
The Swedish Coast Guard announced on Sunday that it had seized in the Baltic Sea a tanker believed to be a part of Russia's shadow fleet. This is just one of many similar actions taken by authorities in Sweden in recent months. In a press releaseā¦
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May 2, 2026
Donald Trump, the U.S. president, said that he had been informed about a possible deal with Iran but was awaiting the precise wording. He also warned of the possibility of resuming military strikes against the country in the event of Tehran's misbehavior.
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May 2, 2026
A senior Iranian official said on Saturday that a proposal from Iran, which has been rejected by U.S. president Donald?Trump so far, would end the U.S. ban on Iran and open the Strait of Hormuz to shipping. Talks on Iran's nuclear program could be held later.
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May 1, 2026
Venezuela's oil exports grew 14% in April to 1,23 million barrels per day, the highest level in over seven years. This was fueled by increased sales to India, Europe and the United States. Shipping data and documents provided by state-owned PDVSA were released on Friday.
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April 30, 2026
Iran announced on Thursday that it would respond to any new attacks by Washington with "long, painful'strikes'" and reasserted control over the Strait of Hormuz. This complicates U.S. plans to form a coalition in order to reopen this?waterway.
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April 30, 2026
Ukraine's top prosecutor and foreign minister said Thursday that a vessel containing grain, which Ukraine claims was stolen from areas under Russian occupation, will not be unloaded in Israel. This came after Kyiv asked Israel to seize this cargo.
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April 30, 2026
Israeli media reported on Thursday that a vessel carrying grain that Ukraine claims was stolen by Russia will not unload its cargo in Israel. Kyiv had asked Israel to seize the cargo. The Jerusalem Post, among other outlets, cited a Grain Importersā¦
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April 30, 2026
According to a cable from the State Department, the U.S. is pushing other countries to create an international coalition in order to restore freedom of movement in Strait of Hormuz. This comes as oil prices have risen to their highest levelā¦
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April 30, 2026
The Financial Times reported that the chief executive of Italian luxury yacht maker Ferretti said it was held back by "a lack of industrial vision" as well as aversion towards risk among its large Chinese shareholders. CEO?Alberto Galassi madeā¦
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April 29, 2026
Ukraine's top prosecutor said that Israel should seize the vessel which was carrying grain it claims to have stolen from Russian-occupied areas, on Wednesday. The shipment had sparked diplomatic tensions between the two countries. On Tuesday, Israel and Ukraine traded accusations.
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April 29, 2026
Barclays said late Tuesday that the United Arab Emirates' decision not to join OPEC would result in a faster growth of oil -supply from the country, as it 'comes out?of?the current crisis. Barclays said late Tuesday that the United Arab Emiratesā¦
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April 28, 2026
The United Arab Emirates decision to leave OPEC is likely to have a dramatic impact on the producer group, which has been around for 65 years. It will also open the door to a price war when Gulf producers rush to regain their market share after the Iran conflict ends.
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April 28, 2026
The efforts to end the Iran conflict came to a standstill on Tuesday, with U.S. president Donald?Trump unsatisfied with the latest offer from Tehran. He said that Tehran had told the U.S. they were in a state of collapse and trying figure out their leadership situation.
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on
April 28, 2026
United Arab Emirates' decision not to join OPEC will drastically reduce the producer group's 65-year influence on the oil market. This could lead to a price war once Gulf producers rush to regain their market share after the Iran War is over.
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April 28, 2026
The Italian parliament voted on Tuesday to support a government proposal to donate an old?aircraft-carrier to Indonesia. This would strengthen relations with an ally and avoid the cost of dismantling an outdated asset. Garibaldi, a 54 million euro (63 million dollar) vesselā¦
