News

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday

The Philippines is open to any additional agreements with Beijing that can help maintain peace in the South China Sea, its top diplomat said, amid

Mitsui OSK Lines Ltd. is seeking help from the Japanese government after a surprise decision by the European Union to sanction three of its liquefied natural

ATHENS, May 23 (Reuters) – A Greek naval court has charged 17 coast guard officers over one of the Mediterranean’s worst shipwrecks two years

SEOUL, May 25 (Reuters) – North Korea has detained shipyard officials responsible for a recent major accident during the launch of a new warship,

Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming “a new area of confrontation” with Russia, putting the country’s

North Korea has begun a full-scale investigation into the accident that occurred during the launch of a warship this week, state media KCNA reported on

 A major accident occurred on Wednesday during the launch of a new North Korean warship while Kim Jong Un was attending the event, with the isolated

HONG KONG, May 22 (Reuters) – CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean

A hijack signal sent from a Panama-flagged petroleum products tanker off Iran was a false alarm, British maritime security firm Ambrey said on

The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions

The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can

Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil

China’s widening trade surplus with the European Union is fueling fresh concerns that the 27-nation bloc risks becoming a dumping ground for cheap goods in

(Bloomberg) — The biggest labor union at South Africa’s state-owned port and rail company are starting final talks with a third-party arbitrator to

The US and China will temporarily lower tariffs on each other’s products in a dramatic ratcheting down of trade tensions that buys the world’s two largest

Finland’s premier icebreaker designer, Aker Arctic, has been awarded a contract to develop a new state-of-the-art mid-size icebreaker. The effort is part of

The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world's two biggest economies seek to end a damaging trade war

For global leaders puzzling over how to negotiate with Donald Trump, the US president’s inaugural pact with the UK offers a few clues on how much ground

The United States' new ambassador to Panama pledged on Thursday to strengthen ties with the Central American country while pushing China as a common