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December 22, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 22, 2025
China's Foreign Ministry said on Monday that the seizure by the United States of another country's vessels was a'serious violation of international law', after the U.S. stopped a China bound oil tanker near the Venezuelan coastline. China's Lin Jian…
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December 21, 2025
Regional authorities in Russia's Krasnodar Region said that a Ukrainian drone attack damaged two vessels and two piers, as well as causing a fire, on the Black Sea Coast. The Krasnodar operational headquarters announced on the Telegram app that…
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December 21, 2025
Emmanuel Macron, President of France, confirmed his plans to build a larger and'more modern' aircraft carrier to replace the Charles de Gaulle carrier. This will boost France as a maritime superpower. Macron, who first touted these plans in 2020 was speaking to troops at a French base in Abu 'Dhabi…
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December 19, 2025
Ship tracking data revealed that a tanker under U.S. sanctions, carrying 300,000 barrels naphtha from Russia, entered Venezuelan waters on Thursday night, while another started re-routing course?into the Atlantic Ocean. This was a result of differing last-minute decisions made by ship owners…
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December 19, 2025
European traders reported on Friday that a South Korean flour'mill group' purchased an estimated 50,000 tons of milling wheat this week to be sourced from the United States. This purchase is in addition to the 20,800 tons U.S. origin wheat purchased by another South Korean milling company this week.
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December 18, 2025
According to two sources familiarized with Venezuela's oil-export operations, Venezuela approved on Thursday the departure of two very large crude carriers (VLCC). This would be just the second and third supertankers since last week, when a ship carrying Venezuelan oil was seized by U.S.
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December 18, 2025
Washington imposed sanctions on 29 vessels, their management companies and related firms on Thursday as it targeted Tehran's alleged "shadow fleet" that exports Iranian oil and petroleum products. U.S. Treasury says the targeted vessels and…
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December 18, 2025
The European Union imposed sanctions on Thursday against 41 additional ships of 'Russia's Shadow Fleet, bringing the total number of designated vessels to nearly 600. EU Council: The EU has banned the ships from entering EU ports, and they can…
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December 18, 2025
These are the most popular stories from the New York Times' business pages. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. The United States has approved the sale of $11.1 billion worth of arms to Taiwan. This is the largest U.S.
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December 18, 2025
The local governor confirmed that three people were killed, including two crew of a cargo ship, in overnight Ukrainian drone attacks against the Russian port Rostov on Don and the town of Bataysk, in the southern region of Rostov. On his Telegram?messaging application channel…
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December 17, 2025
According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.
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December 17, 2025
South?Korean Major?Feedmill Group?has begun buying corn at an international auction on Wednesday, with initial purchases of 136,000 metric tonnes. According to traders, the tender is for up to 210,000 tons. Therefore, more purchases are possible.
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December 17, 2025
China's defense ministry accused the Philippines of?distorting?the truth about a?incident that involved?the Chinese Coast Guard and Filipino fishermen near an South China Sea Shoal. It defended Chinese action as "reasonable" and "lawful". Manila's…
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December 17, 2025
Bloomberg News reported Wednesday that the United States is preparing to impose more sanctions on Russia's energy sector in the event President Vladimir Putin rejects a peace agreement with Ukraine. The report stated that the U.S. was 'considering' options…
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December 17, 2025
A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…
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December 17, 2025
European traders reported that a South Korean flour mill group purchased an estimated 20,800 metric tonnes of?milling?wheat to be sourced by the U.S. at an international auction on Wednesday. The purchase included several different types of?wheat and all were purchased on a FOB basis.
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December 17, 2025
Major Feedmill Group in South Korea (MFG) issued a tender to purchase animal feed corn up to 210 000 metric tons, European traders reported on Wednesday. Three consignments ranging from 55,000 to 75,000 tons of corn are expected in South Korea between March and April 2026.
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December 17, 2025
European traders reported on Wednesday that Jordan's state grain buyer has issued an international tender to purchase?up? to?120,000 metric tonnes of milling wheat, which can come from any origin. The deadline for submitting 'price offers' in the tender will be December 23.
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December 17, 2025
The accelerating Japanese defence spending is likely to boost Kawasaki Heavy Industries' sales in the upcoming years above their projections, said its CEO on Wednesday, as contractors profit from an unprecedented military buildup. Sanae Takaichi…
