Exxon units declare force majeure on Nigerian oil exports
Exxon Mobil Corp. units in Nigeria declared force majeure on oil loadings from multiple terminals in the country following industrial action, a spokesman for one…
Ukraine grain fears return with Black Sea, EU transit setbacks
Ukraine’s crop exports are being threatened again, with Black Sea shipments halting just as some of its European Union neighbors stop allowing cargoes to pass…
Cape Verde becomes the latest location for Russian oil switching
A cargo of Russian crude oil is being switched between tankers to the north of the Cape Verde islands in the Atlantic ocean, suggesting new…
EU says Poland, Hungary halts on Ukraine grain ‘unacceptable’
The European Union slammed moves over the weekend by Poland and Hungary to ban imports of grain from Ukraine, saying “unilateral actions” were unacceptable and…
FedEx pilots ratchet up labor talks with vote on possible strike
FedEx Corp.’s unionized pilots will begin voting this week whether to authorize a strike, ratcheting up pressure in contract negotiations that have dragged on longer…
Australia optimistic China to end barley, wine tariffs this year
The Australian government is optimistic that punitive trade sanctions imposed by the Chinese government on Australia’s exports could be lifted by the end of this…
Iran sentences 10 airmen to prison over downed Ukraine airliner
Iran’s judiciary sentenced 10 members of its air defense forces to between one and 13 years in prison for their involvement in shooting down a…
OPEC may hit Russian oil exports to India, driving up prices
The push by OPEC and its partners to raise oil prices is rising Russian crude, raising concerns among Indian banks that shipments may surpass the…
Hungary, Poland block Ukrainian farm imports as accord falters
Hungary joined Poland in announcing a halt in Ukrainian agricultural imports, saying that duty-free imports from its neighbor in the face of Russia’s invasion are…
Thailand to fast-track aircraft additions to rein in air fares
Thailand’s civil aviation regulator will accelerate approvals for airlines seeking to add planes to boost capacity and cool air fares that have soared in recent…
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