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August 14, 2026
The shipping traffic in the Strait of Hormuz dropped below the average for the month towards the end of the last week, due to the volatile atmosphere between the United States and Iran. Both countries are claiming control of it. The Strait of Hormuz "is under Iran's management and control"…
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August 14, 2026
Chicago wheat futures rose on Friday, and were poised for their largest weekly gain?in? a month as disruptions in Black Sea supply linked to the Russia/Ukraine conflict pushed prices up. Prices of corn and soybeans firmed, but forecasts for rain in the Midwest U.S. limited their upside potential.
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August 13, 2026
The United States threatened on Thursday to maintain an indefinite naval blockade against Iran, increasing economic pressure on Tehran, as ceasefire talks have failed, global oil supplies are 'dropping' and regional tensions continue to rise. Defense Secretary Pete Hegseth said to?reporters?
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August 13, 2026
?U.S. The White House announced on Thursday that President Donald Trump had 'ordered' the Navy to "tear out" a complex system used to launch jet fighters off its aircraft carriers, and to instead return to steam catapults. Trump signed on Thursday…
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August 13, 2026
Euronext Wheat?pared its gains on Thursday in choppy trades to fall from a two-week peak as traders noted that a report stating that Kyiv proposed a truce in attacks against civilian targets in the Black Sea?attenuated?concerns over disruptions to massive Russian and Ukrainian grain exports.
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August 13, 2026
Defense Secretary Pete Hegseth stated on Thursday that the U.S. has sufficient assets to maintain a naval blocade against Iran indefinitely. He added that ships could 'rotate in and out of the region, as required. Hegseth’s?comments?suggest that he's telling U.S. president Donald Trump that the U.S.
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August 13, 2026
Saudi Aramco has been allocating September crude to some of its Asian customers on a 'ad-hoc' basis, after Middle East hostilities interrupted?the kingdom?s exports. This shift highlights how the hostilities in the Strait of Hormuz, and Red Sea…
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August 13, 2026
The organizers of the show announced on Thursday that the Black Sea city Burgas in Bulgaria will host the Eurovision Song Contest next May. Bulgaria claimed its first Eurovision Song Contest victory in May, in a final that was overshadowed with…
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August 13, 2026
Data from operator EDF revealed that the fifth heatwave in Europe this summer will limit French nuclear power production on Friday by 15%. Six reactors are expected to be completely offline. The temperatures in 'Europe' have reached unprecedented levels following successive heatwaves.
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August 13, 2026
Orsted, the Danish offshore wind farm developer, reported a core profit for the second quarter that was above expectations on Thursday. It also maintained its financial outlook. Orsted has grown rapidly in the last decade, but recently it faced…
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August 13, 2026
Chicago wheat futures were largely?flat? on Thursday, after a sharp increase?in the prior session. Ukraine had attacked grain terminals in a?major Russian?port, raising fears?about disruptions to Black?Sea?grain exports. Corn futures fell after…
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August 12, 2026
Euronext wheat prices rose on Wednesday after falling to a four-week low on Tuesday. This was due to Ukrainian attacks on Russian grain terminals, which heightened concerns about the?disruption of massive shipments across the Black Sea. The gains were mostly moderate compared to Chicago wheat…
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August 12, 2026
Euronext wheat prices rose on Wednesday after falling to a four-week low on Tuesday, following Ukrainian attacks against Russian grain export terminals. This heightened concerns about the disruption of massive Black Sea shipments. The gains were mainly moderate compared to Chicago wheat…
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August 12, 2026
Police said that at least '44 people died after a passenger ferry capsized in a Zimbabwean lake on Tuesday. This is roughly triple the earlier estimate of 'deaths. Officers said that the investigation suggested that the 'boat was overloaded' when it flipped over in heavy winds on Lake Kariba.
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August 12, 2026
The U.N. shipping agency reported on Wednesday that oil from a large slick of oil leaking from the tanker Caroline 'Bezengi has reached 'Oman's' mainland. Oil is drifting off to the northeast (of Oman's Al-Qibliyyah Island), with reports that some oil has reached the mainland.
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August 12, 2026
Yulu, an Indian electric bike rental startup, announced on Wednesday that it had raised $93m in equity and debt to expand its fleet and enter new cities. It also aims to achieve a net profit by next year. Yulu, an electric?mobility firm in India…
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August 12, 2026
The Houthis, a group of Yemeni armed forces that are allied with Iran, attacked a ship on Tuesday in the Bab el-Mandeb strait at the southern entry to the Red Sea. According to Houthi news agency Saba, three Pakistanis were killed in the attack.
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August 12, 2026
A 'local official' told the state-owned The Herald newspaper that 15 bodies have been recovered from a lake where a passenger ferry capsized on Tuesday. At least 27 people, including children, are still missing. The police said that on Tuesday…
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August 12, 2026
TKMS, a warship manufacturer, raised its outlook on Wednesday for the second time in six months. It expects higher demand for surface vessels like frigates and for sensors and minesweeping technology. TKMS is one of the'main beneficiaries' of…
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August 12, 2026
The Financial Times reported?on Wednesday that Ukraine had halted drone strikes on oil tanks using Russia's port at the?Black Sea, Novorossiysk, after receiving a request by U.S. Vice President JD Vance. The paper reported that the request was made last month after U.S.
