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June 18, 2026
Officials and executives in the industry said that a rise in Russian attacks against Ukrainian seaports could "cut monthly grain shipments" by up to a third. Terminal operators are now facing losses they claim they can't cover alone. Ukraine is one of the world's largest grain exporters.
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June 18, 2026
Industry executives say that Middle Eastern crude prices will 'fall' if the Strait of Hormuz reopens Friday after the U.S./Iran interim agreement, releasing millions of stranded barrels of oil in the Middle East Gulf to?global market. Gulf producers…
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June 18, 2026
The tender document shows that Indian Oil Corp., the nation's largest refiner, has issued a bid to charter a large gas carrier for the?transport of liquefied gas from Qatar, Kuwait or the United Arab Emirates. This is the first tender issued by IOC after the U.S.
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June 18, 2026
Industry executives warned that the Middle Eastern crude markets would be further impacted if the Strait?Hormuz reopened on Friday, following the interim U.S./Iran deal. This will release millions of barrels stranded oil in the Middle East Gulf onto global markets.
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June 18, 2026
These are the 'top stories' on the?business pages of The New York Times. These stories have not been?verified? and we cannot vouch for the accuracy of these reports. Vincent Clerc said that any deal allowing Iran to charge fees for the Strait…
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June 17, 2026
After a shareholder vote appointed a new board last month, the new head of Italian yacht maker Ferretti rejected Wednesday allegations made by its second-largest investor that it had breached Italy's golden powers rules, which are designed to shield?strategic?assets.
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June 17, 2026
U.S. president?Donald Trump?said?Wednesday?that it'd be unfair if Iran didn't have ballistic?missiles when other countries had them. "I think it's unfair that other countries don't have any," Trump told reporters in Paris. Trump said that the…
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June 17, 2026
World Sailing announced a'reunion of more than 400 sailing delegates from around the world in Qingdao China, between November 16 and 21. They will be able to influence the future of the sport. Qingdao in Shandong Province hosted the Olympic sailing event at the 2008 Beijing Games.
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June 17, 2026
After a shareholder vote last month that appointed a brand new board, the new Ferretti CEO rebuffed arguments made by the second largest investor of the company. KKCG Maritime, a Czech investor, urged the Italian Government to act following…
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June 17, 2026
Fontanka, a local news outlet reported that prominent?Russian entrepreneur Ilya Traber was?detained? in?St Petersburg. Could not confirm immediately the report. Fontanka stated that searches had been conducted at Traber's property and one of his associates has also been?detained.
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June 17, 2026
Shipping data shows that at least three tankers carrying Iranian oil have sailed past the U.S. blockade in the last week. A fourth vessel, an empty vessel is heading to the Gulf of Oman after the U.S. & Iran reached a framework agreement to reopen Strait of Hormuz.
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June 17, 2026
Keir starmer, British Prime Minister, said on Wednesday that the firing of warning shots by a Russian Frigate to divert a UK-flagged civilian yacht near British territorial waters was reckless and deeply worrying. According to the statements of the Russian and British defence ministries…
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June 16, 2026
The Canadian government released a statement after Carney's meeting with Ukrainian President Volodymyr Zelenskiy at the G7 summit in France. In a statement dated Tuesday, the Canadian government included Maritime Mutual of New Zealand, which…
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June 16, 2026
A senior U.S. Official?said that the U.S. would 'allow Iran to immediately begin selling oil and fuel in accordance with the memorandum o understanding signed by the two sides to end the conflict. Source: The waiver of'sanctions on Iranian oil…
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June 16, 2026
Sources familiar with the incident claim that sailors on a 'Russian frigate' fired warning shots at a 'civilian yacht? in the Channel, which came close to it. The Ministry of Defence in Britain did not have a comment immediately. Sources, who spoke on condition of anonymity…
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June 16, 2026
The Turkish foreign minister said that he had spoken to his Russian counterpart on Tuesday about the importance of avoiding actions in 'the Black Sea' that threatened regional security and Turkey's interests. He also reiterated Turkey's offer as a mediator between Kyiv & Moscow.
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June 16, 2026
State media reported that a prolonged 'torrential downpour' caused widespread flight delays in a number of airports across southern China. Forecasters predicted the rain belt would linger over the region until it moved northward on Thursday.
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June 16, 2026
Abu Dhabi National Oil Company has sold 30 million barrels of spot oil to Asian refiners and traders this month, and is offering more this week. This will boost exports in the wake of the U.S. - Iran ceasefire. The United Arab Emirates producer sold cargoes containing Das…
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June 16, 2026
Never bet against Donald Trump. Oil market made a bet from the first day of the Iran War: the U.S. President would not let the conflict spiral into an economic crisis. The traders would not price in a single barrel, regardless of what happened with the physical supply.
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June 15, 2026
The European Union expanded its list of sanctions on Monday, targeting Russian shadow fleet members accused of?aiding Moscow in its war effort against Ukraine as well as?individuals connected to the murder Alexei Navalny, an opposition leader.
