Focus on Transport
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.
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.
Trump’s energy agenda: More drilling, less renewables, and a second exit from the Paris Agreement
Trump plans to expand drilling, halt offshore wind projects, boost gas exports, and re-exit the Paris Agreement.
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.
US oil refiners brace for a tough year as investor sentiment turns negative
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that Trump may slap tariffs on...
China’s electric car sales grow in 2024, as sales of gasoline cars plunge
China's EV sales surged 40 per cent in 2024, while gas-powered car sales plunged 17 per cent, reshaping the world's largest auto market.
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.
Projected air travel growth runs counter to climate goals, study says
The airline industry, which accounts for about 2.5 per cent of global carbon emissions, has vowed to use more sustainable aviation fuel.
Five ways to make aviation more sustainable right now
Aviation, though only 2.5 per cent of emissions, demands urgent sustainable steps to curb growth and meet net-zero goals.
