Merkel, Biden differ on pipeline, agree to limit Russian clout
U.S. President Joe Biden said he and German Chancellor Angela Merkel agreed they wouldn’t allow Russia to use the contentious Nord Stream 2 pipeline to…
House panel advances China bill over Republican objections
The House Foreign Affairs Committee advanced a bill to counter China along a party line vote of 26-20 on Thursday as Republicans criticized the measure…
China’s heat wave is helping to drive coal prices higher again
A heat wave across some of China’s biggest industrial provinces has pushed local electricity consumption to a record, adding more strain to already weakened coal…
China’s pork imports set to plunge 50% as local prices tumble
China’s record demand for foreign pork is about to crater after domestic prices plummeted, potentially easing pressure on the world meat market and cooling at…
Brent crude oil price forecast to average $72 per barrel in the second half of 2021
In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of…
Container rates to US top $10,000 as shipping crunch tightens
Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated…
Saudi Global Ports commences upgrading of container terminals in King Abdulaziz Port Dammam
On 13 July 2021, Saudi Global Ports (“SGP”) commenced the first phase of its upgrading and development programme at First and Second Container Terminals in…
Breeze Airways begins service at Huntsville International Airport
New “low fare, high-flex” Breeze Airways launches non-stop service today from Huntsville International Airport (HSV) to Charleston, SC (CHS), New Orleans, LA (MSY), and on…
SriLankan Airlines is resuming flights from Domodedovo Airport
The national air carrier of Sri Lanka SriLankan Airlines is resuming flights from Moscow Domodedovo Airport to Colombo starting from the 31st of July 2021.…
Cuba eases food and drug import restrictions after mass protests
Cuba’s communist rulers said they’ll ease restrictions on food and medicine imports and pledged to “learn” from the rare display of public anger in mass…
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