international-trade

Image for Oil jumps to 13-week high on rising U.S. gasoline demandTop Stories

Oil Jumps to 13-week High on Rising U.S. Gasoline Demand

Image for Kremlin says sanctions must be lifted for Russian grain to reach marketsTop Stories

Kremlin Says Sanctions Must Be Lifted for Russian Grain to Reach Markets

Image for Shipping struggling with lack of clarity on sanctions – shipowner ProkopiouTop Stories

Shipping Struggling With Lack of Clarity on Sanctions – Shipowner Prokopiou

Image for Ryanair forces South Africans to prove nationality with Afrikaans testTop Stories

Ryanair Forces South Africans to Prove Nationality With Afrikaans Test

Image for U.S. to let Eni, Repsol ship Venezuela oil to Europe for debt -sources

U.S. To Let Eni, Repsol Ship Venezuela Oil to Europe for Debt -Sources

Date: June 6, 2022

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON (Reuters) -Italian oil company Eni SpA and Spain’s Repsol SA could begin shipping Venezuelan oil to Europe as soon as next month to make up for Russian crude, five people familiar with the matter said, resuming oil-for-debt swaps halted two years ago when Washington stepped up sanctions on...

Image for No end to Ukraine war in sight, hunger crisis looms – UN

No End to Ukraine War in Sight, Hunger Crisis Looms – UN

Date: June 3, 2022

GENEVA (Reuters) – United Nations officials warned on Friday that a protracted war in Ukraine threatened a hunger crisis in the country and around the world. Marking 100 days since Russia invaded its neighbour, UN crisis coordinator Amin Awad said at least 15.7 million people in Ukraine were now in urgent need of assistance and...

Image for China ‘firmly’ opposes U.S.-Taiwan trade initiative

China ‘firmly’ Opposes U.S.-Taiwan Trade Initiative

Date: June 2, 2022

BEIJING/TAIPEI (Reuters) -China “firmly” opposes a new trade initiative between Taiwan and the United States, the Commerce Ministry said on Thursday, a plan the government in Taipei says is a recognition of the key position the island plays in global supply chains. The United States and Taiwan announced the U.S.-Taiwan Initiative on 21st Century Trade...

Image for Russian gas flows to Europe ease slightly

Russian Gas Flows to Europe Ease Slightly

Date: June 2, 2022

(Reuters) – Russian gas flows to Europe dipped slightly on Thursday morning, with reverse flows on the Yamal-Europe pipeline also easing, all in line with customer requests, operator data showed. Physical flows to Germany through the Nord Stream 1 pipeline across the Baltic Sea were in line with nominations and stood at 72,373,112 kilowatt hours...

Image for Exclusive-U.S. plans to sell armed drones to Ukraine in coming days -sources

Exclusive-U.S. Plans to Sell Armed Drones to Ukraine in Coming Days -Sources

Date: June 1, 2022

By Mike Stone WASHINGTON (Reuters) – The Biden administration plans to sell Ukraine four MQ-1C Gray Eagle drones that can be armed with Hellfire missiles for battlefield use against Russia, three people familiar with the situation said. The sale of the General Atomics-made drones could still be blocked by Congress, the sources said, adding that...

Image for Oil rises as EU to phase in Russian oil ban, Shanghai ends lockdown

Oil Rises as EU to Phase in Russian Oil Ban, Shanghai Ends Lockdown

Date: June 1, 2022

By David Gaffen NEW YORK (Reuters) -Oil prices rose on Wednesday after European Union leaders agreed to a phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai, which could bolster demand in an already tight market. Oil benchmarks have marched steadily higher for several weeks as Russian shipments are squeezed...