Twenty oil tankers halted near Istanbul in insurance dispute

Twenty oil tankers halted near Istanbul in insurance dispute

Backlog unsettling oil and tanker markets Turkey says out of question to take insurance risk Yellen says oil from Kazakhstan should not be targeted Ankara says most of waiting ships are EU vessels ISTANBUL, Dec 9 (Reuters) – The number of oil tankers waiting in the Black Sea to pass through Istanbul’s Bosphorus Strait on … Read more

Oil tankers queue up off Turkey as price cap on Russian crude kicks in – FT

Oil tankers queue up off Turkey as price cap on Russian crude kicks in – FT

Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with Ankara insisting on new proof of insurance for all vessels, the Financial Times reported on Monday. Around 19 crude oil tankers were waiting to cross Turkish waters on … Read more

U.S. House to vote to block rail strike despite labor objections

U.S. House to vote to block rail strike despite labor objections

WASHINGTON/LOS ANGELES, Nov 29 (Reuters) – The U.S. House of Representatives was set to vote Wednesday to block a rail strike that could potentially happen as early as Dec. 9, after President Joe Biden warned of dire economic consequences and massive job losses. House Speaker Nancy Pelosi said lawmakers will vote Wednesday to impose a … Read more

Brazil government seeks to clear truckers’ pro-Bolsonaro blockades

Brazil government seeks to clear truckers’ pro-Bolsonaro blockades

SAO PAULO, Nov 1 (Reuters) – Brazilian authorities sought on Tuesday to curtail truckers’ blockages protesting the country’s presidential election results after signs they were disrupting fuel distribution, meat production, and the ability to send grains to port. Blockades were first reported on Sunday amid spreading demonstrations by truckers and other supporters of Brazilian President … Read more

U.S. to release oil reserves as Biden tackles high pump prices

U.S. to release oil reserves as Biden tackles high pump prices

WASHINGTON, Oct 19 (Reuters) – U.S. President Joe Biden announced a plan on Wednesday to sell 15 million barrels of crude oil from the nation’s emergency supply and begin refilling the reserve as he tries to dampen high gasoline prices ahead of midterm elections on Nov. 8. The move came two weeks after the Saudi … Read more

Nord Stream ruptures revealed as Europe grapples with gas plan

Nord Stream ruptures revealed as Europe grapples with gas plan

Nord Stream leaks discovered in late September Newspaper reports what it calls first images of damage EU proposes energy measures, avoids immediate gas price cap EU seeks to launch new gas price benchmark, joint purchases COPENHAGEN/BRUSSELS , Oct 18 (Reuters) – Damage to the Nord Stream gas pipeline from Russia to Europe was caused by … Read more

Typhoon batters Japan with record rain, killing two

Typhoon batters Japan with record rain, killing two

A man walks on the street in heavy rain and wind caused by Typhoon Nanmadol in Kagoshima on Japan’s southernmost main island of Kyushu September 18, 2022, in this photo taken by Kyodo. Kyodo via REUTERS ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. JAPAN OUT. NO COMMERCIAL OR EDITORIAL … Read more

U.S. railroad strike averted with deal brokered by Biden administration

U.S. railroad strike averted with deal brokered by Biden administration

WASHINGTON, Sept 15 (Reuters) – Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to avert a rail shutdown that could have hit food and fuel supplies across the country and beyond. If they accept the deal that was announced at … Read more

Biden, unions, rail executives struggle for deal as shutdown looms

Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips. Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) … Read more

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and feed deliveries for livestock. With farmers starting to harvest autumn crops that are shipped to meat and … Read more