U.N. reported on Monday that a diplomatic push is underway to ensure safe passage of fertiliser shipments across the Strait of Hormuz. A source familiar with the...
U.S. Central Command in a 'note to seafarers' seen on Monday said that the U.S. military will enforce a 'blockade of all vessels in the Gulf of...
Britain and France are co-hosting talks this week to restore 'freedom of Navigation in the Strait of 'Hormuz. The aim of the talks is to bring Britain,...
The German coalition government announced on Monday a series of measures to reduce fuel costs, to allow tax-free bonuses for workers, to set a deadline for the...
Mark Carney, the Canadian Prime Minister, is likely to win a majority in the parliamentary chambers on Monday. This would allow him to implement the legislative agenda...
MSC, the world's largest shipowner, announced on Monday that ownership of its company will be transferred to Gianluigi Aponte's two children by 2025. The Swiss-based firm said...
Data from industry sources show that despite the disruptions caused by drone attacks on key ports in March, Russia's seaborne product exports rose 0.9% compared to February....
Saudi Arabian crude oil sales to China will reach a new record low in?May as the U.S./Iran conflict increases prices and disrupts shipping. Saudi 'Aramco will ship...
The majority of major Gulf stock markets fell on Monday morning after Washington announced that it would block traffic into and out of Iranian ports, following weekend...
Germany's ruling coalition announced on Monday a?1.6 billion euro ($1.9 bn) fuel price relief for consumers and business,?following an increase in oil prices due to?the Iran war....
A regulatory filing revealed that India's leading solar energy generating state, Rajasthan, has clean energy projects with a capacity of about 60 gigawatts (GW) waiting for transmission...
Donald Tusk, the Polish Prime Minister, said on Monday that Hungary's elections show that Europe is not destined to authoritarian rule. The center-right party, 'Tisza', ended Viktor...
The Iran War and the closing of the Strait of Hormuz has shattered the status quo among Middle East oil producers that had existed for decades. Even...
The stock markets of the United Arab Emirates fell in early trading on Monday after Washington announced a blockade against?traffic into and out of Iranian ports, following...
Robert Fico, the Slovak prime minister, congratulated Peter Magyar on his election as the new leader of Hungary, and offered "intensive?cooperation". He also expressed gratitude to Viktor...
Oil prices jumped over $100 a barrel Monday as the U.S. Navy?prepared a?blockade of the Strait?of Hormuz which could restrict Iranian oil?shipments?after?the U.S. Brent crude futures were...
CME Group, the U.S. commodities trading exchange, has approved its first base metal storage facility in Hong Kong. This is a move to expand its warehousing footprint...
The railway that runs through the Lobito corridor in Angola, which is a critical?source for minerals such as copper and 'cobalt, was forced to suspend operations on...
Donald Trump said on Sunday that the U.S. Navy will 'immediately begin blockading?the?Strait of Hormuz?and interdict any vessel in international waterways which has paid a toll for...
China announced 10 new incentives for Taiwan on Sunday, including easing tourist restrictions, allowing "healthy" TV dramas and facilitating the sale of food, after a visit from...
Saudi Arabia said that it had restored the full capacity of the East-West oil pipeline to about seven million barrels per day. This was after assessing the...
China announced 10 new incentives measures for Taiwan on Sunday, including relaxing tourist restrictions, allowing "healthy" TV dramas and facilitating the sale of food. This follows a...
Israel announced on Saturday that it had reprimanded Spain’s most senior diplomat in Tel Aviv for the explosion of a giant effigy?of Prime Minister Benjamin Netanyahu this...
?Union VC called on 'pilots 'at Lufthansa on a saturday to strike for two days starting on Monday over a pension dispute, saying the company has failed...
India has raised its windfall 'tax' on the export of diesel and aviation turbine fuel, which it had imposed last week to ensure an adequate supply at...
Irish police cleared protesters who had blocked the only oil refinery in Ireland on Saturday, after a senior government minister said that protests over surging fuel prices...
Cathay Pacific Airlines announced on Saturday that it would cut some flights from mid-May until the end of June, citing the rising costs of jet fuel caused...
The German Vice-Chancellor and Finance Minister Lars 'Klingbeil said on Saturday that government action was the best way to reduce soaring fuel and diesel prices. This exacerbated...
The Federal Aviation Administration and Pentagon announced on Friday that they had signed an agreement to allow the government to use a high-energy laser counter-drone along the...
Emergency services reported that at least one person died and 27 others were injured after a bus carrying British tourists crashed into a ravine in La Gomera....
Three industry sources confirmed that the Indian shipping ministry had granted Reliance Industries' request to allow?four vessels carrying Iranian crude oil to dock at Sikka in western...
Analysts say that Florida residents are paying significantly more for gasoline and diesel than the national average in recent weeks due to the U.S. - Israeli war...
On Friday, protesters in Ireland demanded government action over surging fuel prices. They used tractors and truck to block a port, fuel depot and oil refinery. The...
Tel Aviv's share indexes reached all-time peaks - and the Israeli shekel rose - to a 30-year high - against the dollar on Friday, on the apparent...
The European airport industry has warned of a possible systemic shortage of jet fuel in just three weeks, if the Strait of Hormuz does not open up....
Trading and port sources reported that Russia's crude exports increased in early April, compared to March. Calculations also showed this, despite the disruptions to loadings caused by...
Cabin crew from 'Lufthansa' and its regional unit Lufthansa CityLine went on strike for a full day, while Lufthansa City Airlines signed its first contract. The union...
As U.S.-Iran talks begin in Pakistan, and Israel is seeking to talk with Lebanon, the equity markets of the United Arab Emirates rose a little on Friday....
Turkish Airlines underwent a major management revamp, replacing its CEO and Chairman, while also opting not to pay dividends from earnings in 2025, citing increased uncertainty across...
Two sources familiar with port operations said that Russia's Black Sea Port?of Novorossiysk?partially resumed oil and fuel loadings? from its Sheskharis Terminal?later?on Thursday? after this week's suspension...
The German economy minister proposed on Friday giving higher tax incentives to 'commuters' but rejected proposals from 'the junior coalition partner of the government for an energy...
Ghana will remove certain fuel taxes and charges levied by retailers and distributors along the?supply?chain to cushion consumers?from the rising pump?prices caused by the?Middle?East Conflict, said government...
Keir Starmer, British Prime Minister, said on Friday that he had discussed military capabilities and logistics of moving ships through the Strait of Hormuz with U.S. president...
Business leaders and senior officials say that as Peru prepares to hold its first round of presidential elections on Sunday, Washington will make its most aggressive push...
Shippers who are struggling to find a solution for high jet fuel costs and congestion on 'vital Middle East waterways' have turned to unexpected routes. A recent...
The strike by the UFO union of cabin crew disrupted Lufthansa's flights on Friday. This was the third stoppage for the airline in just two months. The...
The U.S. and Israeli war against Iran, which has pushed up jet fuel prices, has shook the aviation industry around the world. Airlines have been forced to...
Due to the Iran Crisis, Dubai has limited foreign airlines to only one?flight per day to its airports. This has triggered revenue loss concerns among Indian carriers,...
Ukraine has made significant improvements in restoring the damaged Druzhba pipeline and will finish the repairs by spring, said President Volodymyr Zelenskiy, amid a "bitter dispute" with...
Donald Trump stated on Thursday that Iran should not charge any fees to tankers passing through the Strait of Hormuz. The area has been "blockaded" since the...
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