Russian Oil Tankers Behave Strangely After Latest U.S. Sanctions
By Julian Lee (Bloomberg) — Two oil tankers appeared to stop what they were doing off the coast of Greece just a few days after the US Treasury imposed fresh sanctions on 14...
Drought has dried up the Mississippi, where roughly two-thirds of US grain exports historically have been shipped on barges to the US Gulf. Water levels have improved slightly from last month’s record low, but the world’s crop buyers have already been purchasing more supplies from elsewhere. That’s limited demand for US grain and contributed to the country losing its status as the shipper of choice.
Export inspections of American wheat in the week ended Nov. 2 totaled only 71,608 metric tons, with some wheat shipped from Duluth, Minnesota, through the Great Lakes but virtually nothing on the Mississippi River, according to the US Department of Agriculture. That is the smallest total on record in weekly USDA data going back to 1983.
© 2023 Bloomberg L.P.
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