Bloomberg

(Bloomberg) — Treasury Secretary Scott Bessent signaled that sanctions relief for Russia could be on the table in talks over the Ukraine war, saying the

Three Chinese warships have been spotted in international waters off the coast of Australia’s largest city, Sydney, in a rare show of military might that

Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch of curbs from the US,

By Julian Lee (Bloomberg) — Russia has amassed new tankers and resorted to ship-to-ship cargo transfers to keep key oil exports flowing. But deliveries

(Bloomberg) — The Group of Seven is considering collectively tightening or adapting an oil price cap on Russian petroleum in an effort to reduce

Some major shipping lines including Hapag-Lloyd AG and Louis Dreyfus Armateurs are calling on the International Maritime Organization to avoid backing

By Gian Volpicelli and Andrea Palasciano Feb 15, 2025 (Bloomberg) –The European Union is mulling a public-private initiative worth “hundreds of

By Ari Natter and Jennifer A. Dlouhy Feb 14, 2025 (Bloomberg) –Transportation Secretary Sean Duffy said the Trump administration planned to “move

President Donald Trump is embarking on what may be his most disruptive action yet for the global economy by broadening his grievances to how other countries

India has agreed to boost oil and gas imports from the US in an effort to reduce the trade imbalance between the two countries and avoid retaliatory

The latest US sanctions on Russia’s oil trade have brought a swath of tankers that deliver Moscow’s crude to a halt — reinforcing the significance of the

Severe Cyclone Zelia has made landfall near Australia’s iron ore export hub, bringing heavy rainfall and damaging wind gusts, with the system threatening big

The International Energy Agency has lowered its outlook for Russia’s oil production this year by only a narrow margin even with sweeping western energy

The Paraná is Argentina’s gateway to global markets. Around 80% of all the country’s crops are loaded on its shores. But the shipping channel hasn’t

Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s

An emergency response team in Russia’s Pacific port of Nevelsk is preparing to pump out fuel from a Chinese bulk carrier that ran aground over the weekend,

China’s busiest port processed a record amount of goods in January, as companies rushed to get their products onto ships before US tariffs kicked in and

Suez Canal Authority chief Osama Rabie said he expects traffic through the Egyptian waterway to gradually return to normal by late March and fully recover by

By Lauren Rosenthal and Brian K Sullivan Feb 8, 2025 (Bloomberg) –The email arrived in US government workers’ inboxes just after 1 a.m. East Coast