Bloomberg

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent to which the move has

By Jason Gale Jan 18, 2025 (Bloomberg) —Pilbara Ports Authority closed the Ports of Dampier, Ashburton, Varanus Island and Cape Preston West late

By Katia Damborsky Jan 18, 2025 (Bloomberg) –You might call it a golden opportunity. Some yacht owners like to be inconspicuous. That’s not the

By Paul-Alain Hunt Jan 17, 2025 (Bloomberg) –Australia’s largest iron ore export hub Port Hedland has been closed as a tropical cyclone develops

The most aggressive Western sanctions imposed on Russia’s oil sector since Moscow’s 2022 invasion of Ukraine threaten to disrupt global supply as buyers

The latest US sanctions on oil tankers hauling Russian petroleum look set to cause severe disruption across the nation’s export machine, with some of

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months

The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the

The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t be fully accidental,

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing

China’s trade surplus soared to a record last year, driven by strong exports that boosted the economy but may soon be threatened by the incoming Trump

By Bloomberg News Jan 12, 2025 (Bloomberg) —Chinese exports hit a record high as companies rushed to get goods out the door to make up for sluggish

By Charles Daly Jan 12, 2025 (Bloomberg) —Sweden’s Prime Minister Ulf Kristersson indicated the country could increase its defense spending amid the

By Angela Cullen Jan 12, 2025 (Bloomberg) –An oil tanker sailing under the Panamanian flag that ran out of power in the Baltic Sea last week has

By Manolo Serapio Jr. Jan 11, 2025 (Bloomberg) –The Philippines said a huge Chinese coast guard ship widely known as the “Monster” has returned

By Kevin Orland Jan 11, 2025 (Bloomberg) –Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming

(Bloomberg) — An unusually large flotilla of merchant vessels has backed up near Yemen’s Ras Isa port in the Red Sea after Israeli air raids damaged

The US imposed its most aggressive sanctions on Russia’s oil industry yet as the Biden administration looks for last-minute ways to boost Ukraine’s

Germany spent big on liquefied natural gas terminals to ensure energy security, but the high cost of using them means they’re bringing in a tiny fraction of