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May 10, 2026
Saudi Aramco CEO stated on Sunday that the world lost 1 billion barrels of crude oil in the last two months. Even if the flow of oil resumes, it will take some time for the energy markets to stabilize, even if the flow of oil returns. Amin Nasser…
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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 8, 2026
The U.S. intelligence assessment concluded that Tehran could withstand a naval blocade for four more months. According to a U.S. government official who was familiar with this analysis, first reported by The Washington Post, the CIA assessment concluded that the U.S.
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May 8, 2026
According to European traders, the leading South Korean animal feed manufacturer?Nonghyup Feed Inc. (NOFI) purchased an estimated 136,000 metric tonnes of animal feed corn in a 'international tender that sought up to 207,000 tons. The corn was bought in two consignments totaling 68,000 tons.
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May 8, 2026
European traders reported that Nonghyup Feed Inc., a leading South Korean animal feed manufacturer (NOFI), began buying animal feed corn on Friday in an international tender. So far, 136,000 metric tonnes have been purchased. The tender is for up to 207…
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May 8, 2026
The Feed Leaders Committee (FLC), a South Korean import group, purchased 50,000 metric tonnes of'soymeal on Friday. This could have been sourced from either the United States or South America. They said that the FLC 'believes to have purchased…
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May 8, 2026
China's Foreign Ministry confirmed Friday that a tanker containing oil products and crew from China was attacked on the Strait of Hormuz. The ministry also expressed deep concern for vessels affected by the Middle East conflict. Lin Jian, spokesperson for the Foreign Ministry…
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May 8, 2026
South Korea's Major Feedmill Group purchased an additional 50,000 metric tons of soymeal in a private deal on Thursday, European traders reported on Friday. The 50,000 tons purchased?in a Thursday international tender by the trading house Cofco brought the total purchase?to $100,000 tons.
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May 8, 2026
According to industry sources, and shipping data, Asia received its first cargo of fuel oil?from Mexico?in nine months?on Thursday. More cargoes are expected to follow. After the Strait of Hormuz conflict, which cut off fuel oil supplies to…
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May 7, 2026
Iranian state media, citing a military official who declined to be named, reported on Thursday that U.S. 'naval units' operating in the strait of Hormuz were hit by a missile fired from Iran after the U.S. attacked an Iranian oil tanker. It added that U.S.
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May 7, 2026
The Major 'Feedmill Group' (MFG) of South Korea purchased a?estimated amount of 50,000 metric tonnes of soymeal on Thursday in an international?tender that sought?upto 60,000 tons, European traders reported. A consignment is believed to have cost $414.79 per ton…
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May 7, 2026
The Feed Leaders Committee of South Korea (FLC) purchased 132,000 metric?tons animal?feed?corn?from optional origins on?Thursday, European traders reported. A consignment of 65,000 tons of goods was reported to have been purchased from the trading…
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May 4, 2026
The United Arab Emirates accused the 'Iran of attacking with drones a 'crude oil tanker that was empty and belonged to Abu Dhabi State Oil Company ADNOC as it tried to pass through Strait of Hormuz. ADNOC’s maritime energy logistic?unit stated…
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May 4, 2026
According to Iranian state television, the?navy prevented enemy warships from entering the Strait of Hormuz on Monday by sending a'swift warning'. U.S. president Donald Trump announced?on Sunday that the U.S. will begin a?effort on Monday morning to free ships stranded?in the strait…
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May 4, 2026
According to European traders, the Incheon section of the Korea Feed Association in South Korea bought?upto 67,000 metric tons of animal feed corn on Wednesday in a private transaction without issuing a tender. It was reported that the KFA's Incheon Section…
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May 4, 2026
European traders reported that the 'Incheon' section of 'the Korea Feed Association in South Korea (KFA) - without issuing an international tender - purchased a private deal of up to 67,000 metric tonnes of animal feed corn on Wednesday. Trading…
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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
Donald Trump, the U.S. president, said he wasn't satisfied with the latest Iranian offer for talks about the Iran?war. Meanwhile the Iranian foreign minister said Tehran is ready to?engage in diplomacy? if the United States alters its approach.
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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.