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The fishing industry is emerging as an early European casualty of soaring diesel costs amid the Iran war, with at least half the Dutch fleet staying in port thi
Russia's state nuclear giant Rosatom said on Friday that it has agreed with UAE-based port operator DP World to set up a joint venture in logistics.Rosatom, whi
Libya’s coast guard has begun towing away a damaged liquefied natural gas tanker that several Mediterranean countries warned posed an environmental risk after d
At least two Danish institutional investors support a shareholder resolution calling for the Nordic region's biggest bank Nordea to stop all financing to compan
India is loading liquefied petroleum gas onto its empty vessels stranded in the Persian Gulf as the country grapples with a gas shortage triggered by the confli
Japan will tap joint oil stockpiles held by producing nations in the country by the end of March, Prime Minister Sanae Takaichi said on Tuesday, as Tokyo ramps
Some of the world's top oil executives and energy ministers in Houston on Monday expressed growing concern over the long-term effects of the US-Israel war with
As Qatar reels from an Iranian attack that has hobbled its giant natural gas company, its boss, who doubles as the country's energy minister, says he had warned
Italian energy group Eni said on Thursday it was raising the top end of its distribution range for the next five years and would pay an extraordinary dividend i
Iran's huge Pars gas field was hit on Wednesday, a major escalation in the US-Israeli war, prompting Tehran to announce it would respond with attacks on oil and
Brazilian Agriculture Minister Carlos Favaro said on Tuesday that the government will negotiate soybean inspection and safety requirements for Brazilian shipmen
France is pushing on with efforts to put together a coalition to secure the Strait of Hormuz once the security situation stabilises, two French officials said o
Cyprus could begin producing natural gas for export as early as 2028, Energy Minister Michael Damianos said, potentially strengthening Europe's push to diversif
Cargill has paused soybean export operations from Brazil to China after inspection changes made by the Brazilian Government that make it difficult for traders t
Surging diesel prices are threatening to slow global economic activity as the war in the Middle East pressures supplies of both the industrial fuel and the type
Israel and Iran traded attacks on Saturday as the war entered a second week, while the Islamic Republic made an unusual apology to neighbouring states for its "
India has allowed an Iranian warship to dock as a "humanitarian gesture", Foreign Minister Subrahmanyam Jaishankar said on Saturday, after the US sank another I
Brazil's state-run oil company Petrobras could distribute extra dividends this year if cash flow is high, as oil prices surge while its operations have so far b
The United States is pressing Sri Lanka's government not to repatriate the survivors from the Iranian warship it sank this week, as well as the crew of a second
Sri Lanka started to offload 208 crew members from a second Iranian vessel off its coast on Thursday, a day after 87 people were killed and several others were
The White House said on Wednesday that Spain's socialist government had agreed to cooperate with the US military after President Donald Trump threatened to cut
Oil prices were little changed on Wednesday despite a volatile trading session, as renewed US and Israeli strikes against Iran escalated regional tensions and p
President Emmanuel Macron on Tuesday said France was sending its aircraft carrier Charles de Gaulle to the Mediterranean and working to build a coalition that w
US President Donald Trump said on Tuesday the United States would cut off all trade with Spain after the European country refused to let the US military use its
Britain is deploying HMS Dragon, an air defence destroyer, to Cyprus after the runway of its Akrotiri base there was hit by an Iranian-made drone. Deeply unpopu
The British insurer Beazley has agreed to the terms of an 8.1 billion pound ($10.8 billion) takeover bid from Zurich Insurance Group, the companies said on Mond
Russia's Sheskharis oil terminal suspended oil loadings on Monday following a Ukrainian drone attack that injured five, damaged 20 buildings and set a fuel term
Shipping companies Maersk, Hapag-Lloyd and CMA CGM are rerouting vessels around Africa, away from the Suez Canal and the Bab el-Mandeb Strait, after US and Isra
Three US service members have been killed and another five have been seriously wounded, in the first casualties of the unfolding US operations against Iran, the
Brent crude jumped 10 per cent to about $80 a barrel over the counter on Sunday, oil traders said. Analysts predicted that prices could climb as high as $100 af
At least three tankers were damaged off the Gulf coast after US and Israeli strikes on Iran triggered Iranian retaliation that put merchant ships at risk of col
Russia's foreign ministry said on Sunday that the closure of the Strait of Hormuz to shipping could lead to significant disbalances on the global oil and gas ma
OPEC+ agreed a modest oil output boost of 206,000 barrels per day for April on Sunday just as the US-Israeli war on Iran and Tehran's retaliation disrupted oil
Belgium seized an oil tanker belonging to the Russian "shadow fleet" on Sunday and suspected of sailing with a "false flag and false documents", Belgian Defence
Asian governments and refiners rushed to assess oil stockpiles as well as alternative shipping routes and supplies as the Iran conflict disrupted shipping in th
Israel said on Sunday it launched another wave of attacks on Iran, as Iranians grappled with uncertainty after the killing of their supreme leader in US and Isr
Saudi Aramco's Juaymah liquefied petroleum gas export terminal is expected to be offline for repairs for at least one month after an outage this week forced the
Ukraine has told Slovakia's oil pipeline system operator Transpetrol that the resumption of oil deliveries via the Druzhba pipeline has been delayed by another
Britain sanctioned oil pipeline operator Transneft on Tuesday as part of a package of nearly 300 measures, announcing its largest set of penalties to coincide w
Hungary looked set on Monday to block further EU sanctions on Moscow and a €90 billion loan ($106 billion) for Kyiv. These attacks on Ukraine's southern Od
Indigenous protesters have occupied Cargill's Santarem river port terminal in Brazil's Para state and "completely" interrupted operations at the site, the US gr
Oil prices rose by more than three per cent on Wednesday as traders priced in potential supply disruptions amid concerns of conflict between the United States a
US refiners Phillips 66 and Citgo Petroleum are seeking to buy heavy crude directly from Venezuelan state oil company PDVSA starting in April to maximise profit
Hungary's MOL Group has ordered tankers delivering Saudi, Norwegian, Kazakh, Libyan and Russian oil to supply its Hungarian and Slovak refineries. It has also h
President Donald Trump's administration on Tuesday announced three projects valued at $36 billion to be financed by Japan, including an oil export facility in T
Ecuadorean shrimp exports rose 20 per cent year-on-year in 2025 to $8.4 billion, a record driven by a temporary boost from higher US tariffs and steady sector i
Germany's Hapag-Lloyd said on Monday it would buy Israel's ZIM Integrated Shipping Services for $4.2 billion in cash to secure its position as the world's fifth
Venezuela's state-run oil company PDVSA has refused to sell oil to companies without individual US licences in the past two weeks, four sources from companies s
Three Ukrainian brothers, including an eight-year-old, were killed near the eastern front line and a Russian drone attack killed one person and injured six othe
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