Tuesday, 21 January 2025

Focus on Trade

BusinessEconomyFinanceNewsOilPoliticsTrade

Reactions to new US sanctions against Russian energy interests

New US sanctions on Russian energy target tankers, traders, and oil firms, adding uncertainty to global oil markets.

Cook Islands registered oil tanker Eagle S is seen anchored near the Kilpilahti port in Porvoo, on the Gulf of Finland, January 13, 2025.  Lehtikuva/Vesa Moilanen/via REUTERS
BusinessMaritimeNewsOilPoliticsTrade

Oil tanker sabotage crew were poised to cut more cables when caught, Finland says

Finnish investigators allege seized Russian oil tanker Eagle S threatened Baltic cables, fueling NATO's security concerns.

FILE PHOTO: Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessMaritimeNewsOilPoliticsRegulationsTrade

Dozens of oil tankers drop anchor after latest US sanctions bite

US sanctions on Russian oil spark a halt in tanker trade, with 65 vessels anchored near China, Russia, and Singapore.

FILE PHOTO: A model of a pump jack is seen in front of the displayed sign "stop",  U.S. and Russia flag colours in this illustration taken March 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyMaritimeNewsOilPoliticsRegulationsTrade

Russia faces higher costs on sea-borne oil exports due to new US sanctions

US sanctions targeting Russia's shadow fleet and oil trade complicate Moscow's exports, raising global oil prices by six per cent.

FILE PHOTO: Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceLiquefied Natural GasNewsTrade

LNG exporter Venture Global targets up to $110 billion valuation in blockbuster US IPO

Venture Global targets a $110.38B valuation in its IPO, set to capitalize on surging global LNG demand in 2025.

FILE PHOTO: A BMW logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsTrade

German premium carmakers’ sales battered in China and Germany amid slowdown

Germany’s luxury carmakers faced sharp sales drops in 2024 as economic uncertainty and EV challenges hit home and China.

FILE PHOTO: An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File Photo
BusinessEconomyNewsOilPoliticsRegulationsTrade

Russian rouble slips as oil price and forex action limit sanctions impact

Rouble weakens as U.S. sanctions target Russian oil firms, while rising oil prices and yuan forex sales offer support.

Russian President Vladimir Putin, Turkish counterpart Recep Tayyip Erdogan and eastern European leaders inaugurated the TurkStream pipeline in Istanbul in January 2020 (AFP)
BusinessInfrastructureNatural GasNewsPoliticsTradeTransmissionUtilities

Russia says Ukraine targeted infrastructure of gas pipeline to Turkey

Russia accuses Ukraine of drone strike on TurkStream gas pipeline as Kyiv halts Russian gas transit, escalating energy tensions.

FILE PHOTO: Greenland's flag flies in Igaliku settlement, Greenland, July 5, 2024. Ritzau Scanpix/Ida Marie Odgaard via REUTERS/File Photo
BusinessCritical MineralsEconomyMiningNewsPoliticsRegulationsTrade

The mineral map of Greenland: Strategic riches amid environmental challenges

Trump renews interest in Greenland, a mineral-rich Arctic hub with rare earths, graphite, and untapped resources.

FILE PHOTO: A view of a lithium mine in Yichun, Jiangxi province, China March 30, 2023. REUTERS/Staff/File Photo
BusinessCritical MineralsEconomyElectric Vehicles (EVs)MiningNewsTrade

Lithium prices to stabilise in 2025 as mine closures, China EV sales ease glut, analysts say

Lithium prices to stabilize by 2025 as closures and China EV demand absorb oversupply, but reopened mines may cap gains.