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January 16, 2026
An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…
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January 16, 2026
George Gerapetritis, the Greek Foreign Minister, said on Friday that Greece intends to expand its territorial waters, possibly into the Aegean sea, despite Turkey’s constant threat of war if Athens were to?take this step. NATO allies but historic rivals?have lowered tensions over the past few years…
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January 15, 2026
Initial assessments by traders indicated that the lowest price offered to?buy and?import 210,000 metric tonnes of animal feed barley from Turkey's state grainboard TMO on Thursday was just over $259 per tonne cost and freight included. Initial assessments showed that the lowest bids were $259.25…
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January 14, 2026
The government announced on Wednesday that Bulgarian Energy Holding, a state-owned energy company in Bulgaria, will acquire a 10% share in the?oil & gas exploration rights for the?Han Asparuh Block in the Black Sea. The Council of Ministers has approved the deal…
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January 13, 2026
The SailGP 'Championship' will include the Switzerland Sail Grand Prix in 2026, the racing circuit announced on Tuesday, after Lake Geneva made its debut last season. Geneva will replace Saint-Tropez on the 2026 Season Calendar, and the race is scheduled for September 19-20.
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January 13, 2026
Donald Trump, on Tuesday, told Iranians to continue protesting and said that help was "on its way", but did not elaborate whether this meant possible U.S. actions. "Iranian Patriots, KEEP PROTESTING - TAKE OVER YOUR INSTITUTIONS!!!... HELP IS COMING," Trump wrote in a Truth?Social post.
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January 13, 2026
Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.
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January 12, 2026
According to Tanker Trackers, Iran has released the St. Nikolas tanker, which is a Greek owned Suezmax that it had seized in 2024. Iranian state media reported that Iran had seized the tanker - which was carrying Iraqi oil destined for Turkey - in revenge for the U.S.
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January 12, 2026
Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.
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January 12, 2026
Somalia's Government announced on Monday that it was cancelling all agreements with United Arab Emirates including port deals, defence and security collaboration, and citing evidence that the UAE undermined its national sovereignty. The Council…
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January 9, 2026
European traders reported on Friday that the state-owned?grain board TMO of Turkey has issued a?international tender for the?purchase and importation of about 210,000 tons animal feed barley. The deadline to submit price offers in the tender is 15 January.
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January 9, 2026
Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.
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January 5, 2026
A Turkish Foreign Ministry source said on Monday that the Turkish Foreign Minister will emphasize the "strategic importance" of maintaining the security in the Black Sea during a summit in Paris on Ukraine this week. Emmanuel Macron, the French president…
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December 24, 2025
European traders reported on Wednesday that Algeria's state grain agency, OAIC, is believed to have bought between 500,000 and 550 000 metric tons durum wheat at an international auction held Tuesday. For larger panamax shipments, the?purchase…
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December 23, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing 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 23, 2025
In a newspaper interview published on Tuesday, Dmitry Patrushev, the Deputy Prime Minister, said that low global prices have slowed down Russian grain exports during this marketing season. He also stressed that Russian grain remains in high demand.
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December 23, 2025
Bahrain's only oil refiner BAPCO Energies shipped its first diesel cargo in Australia for nearly two-and-a half years. This was based on data from shiptrackers, three sources of trade, and other sources. The company is ramping up production and exports as part of a capacity expansion.
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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 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…