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July 21, 2026
Tuesday, oil prices rose by 2% to a five week high. This was due to fears that the Middle East could be hit with more energy disruptions as a result of increased attacks between the U.S. Brent futures climbed $2.12 or 2.4% to $91.34 per barrel at 10:53 am EDT (1453 GMT). U.S.
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July 20, 2026
Warning signs are flashing in the global oil refinery industry. As conflicts in the Middle East, Russia and other energy markets ripple across the globe, the supply chain of products that fuel the global economy is increasingly stressed. Benchmark…
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July 17, 2026
U.S. The U.S. Ambassador to Italy Tilman Ferritta arrived on his superyacht in the lagoon of Venice, attracting protests against the policies of President Donald Trump and increased security. Fertitta is a 'billionaire entrepreneur' appointed by Trump.
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July 16, 2026
Analyst and traders said that European Union countries may see a greater demand for grain exports if the attacks on Black Sea ports and ships disrupt Russian or Ukrainian sales. The price of wheat has risen this week. U.S. futures have reached two-year-highs, and Euronext Wheat is at 17-month-highs.
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July 15, 2026
The G7 foreign ministers, as well as the EU's chief of foreign policy, urged Sudan's Rapid Support Forces (RSF) and allies to stop any actions that might lead to further atrocities in El-Obeid. The delegates also called for all parties, including the Sudanese Army…
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July 13, 2026
The United Arab Emirates Ministry of Defence announced on Tuesday that one Indian crew member died and eight other?were injured when two Emirati oil tankers were hit by Iranian cruise missiles in?the Strait of Hormuz. This was the latest escalation of the strategic waterway.
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July 13, 2026
A crew member from India is still missing after a container?ship flying the Cyprus flag was struck in the Strait of?Hormuz Sunday?and a?search?operation?is under way to find him. Cyprus' Deputy Ministry of Shipping announced on Monday. Authorities…
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July 10, 2026
Following Tehran's renewed?attacks against oil tankers in Strait of Hormuz?, the?Treasury Department announced that new sanctions were issued by the United States on Friday. They targeted a key financier of Iran's new president Mojtaba Khmenei, as well as?13 individuals and entities.
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July 9, 2026
Some clever people have come up with acronyms based on Mexican food to describe the disruptive and unprecedented U.S. presidential presidency of Donald Trump. TACO - Trump Always Chickens out - is an acronym that reflects the U.S. president's tendency to escalate a situation…
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July 9, 2026
The 'U.S. government has agreed to allow Germany to acquire 'Tomahawk?cruise missiles?and station them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday. The German government will acquire Tomahawk cruise missiles and station them in Germany…
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July 8, 2026
Bucharest's defense ministry said that Romania, Bulgaria, and Turkey decided on Wednesday, during a NATO summit, to expand the joint task force to include missions to protect critical infrastructure. The three NATO states that share the Black Sea…
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July 7, 2026
German Finance Minister Lars Klingbeil and Chancellor Friedrich Merz said on Tuesday that Canada's decision to select TKMS, a German company, to build 12 submarines for their navy is good news for Germany and NATO collective security. Merz,…
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July 7, 2026
The office of President Emmanuel Macron announced that French shipping 'group CMA CGM' signed a partnership agreement with Syria on Tuesday. Macron was in Damascus for a meeting with Syrian President Ahmed al-Sharaa which had been disrupted due to bomb explosions.
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July 5, 2026
'Qatar announced on 'Sunday, that maritime activities will re-start with 'immediate effect. The advisory of June 29th had called for?the suspension of fishing and sailing boats until further notice. Commercial shipping, however, was exempted.
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July 4, 2026
Authorities in St Petersburg, Russia's second largest city and the surrounding Leningrad area said on Saturday that a major Ukrainian drone strike overnight had hit a local oil pipeline and port. Alexander Beglov, the Governor of St Petersburg…
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July 3, 2026
Eneos Holdings' chief financial officer said that the Iran War had disrupted Middle Eastern oil supplies. The company has stabilised its oil procurement, and is able to secure alternative crude supply through September. "We are confident about…
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June 28, 2026
CMA CGM said that its Galapagos container ship left the 'Strait of Hormuz' on Sunday. Washington and Tehran both accuse the other of violating the agreement. The ship's captain declined to comment on the circumstances of the vessel's departure from the strait.
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June 26, 2026
The European Union's Oil Co-ordination Group said on Friday that, while?oil flows were slowly recovering after a preliminary agreement to end the Iran War, it will still?take time for these supplies to reach Europe. The Oil Coordination Group…
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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 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.
