A 1:65 scale model of the Emma Maersk under tow at SMG Ijmond ship model harbor in the Netherlands on September 20, 2015.
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The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.
(Bloomberg) — China disputed Germany’s accusation that one if its warships behaved dangerously toward a military aircraft in the Red Sea, an incident that Chancellor Friedrich Merz called “totally unacceptable.”...
Yemen's Houthis sank two cargo ships in the Red Sea this week, the first flare-up in seven months in the Iran-backed group's years-long campaign to choke global shipping in protest over the war in Gaza and the plight of the Palestinians.
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