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US invasion of Venezuela could spark severe oil crisis
02 Dec 2025 21:06 GMT
… directly to consumers. Shipping costs from the Gulf of … the indirect costs — higher oil prices, reduced trade, increased migration — … affordable energy to fuel economic growth.
Let’s … risk premium on oil prices remains elevated. Energy-intensive …
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'Drone strikes on tankers cause jump in Black Sea shipping costs'
02 Dec 2025 07:55 GMT
Escalation prompts higher premiums for both Russian and Ukrainian port calls, according to sources
The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears …
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UPS, FedEx up fuel surcharge rates for domestic, ground deliveries
02 Dec 2025 16:56 GMT
… fuel fee prices weekly, adjusting it based on average diesel and jet fuel … per-gallon price of diesel fuel is set at $3 … Fuel surcharges are a notable driver of the elevated ground shipping costs … have increased compared to actual fuel prices in recent months.
…
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Union Pacific says rail merger could unclog Chicago. Critics worry about costs and traffic tie-ups.
01 Dec 2025 11:11 GMT
By merging with Norfolk Southern, Union Pacific wants to create a coast-to-coast railroad to carry nearly half of all U.S. rail freight.
Union Pacific says the $85 billion merger would serve the public interest and win federal approval by unclogging …
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Top 10 Cars Made in Ohio: From Jeep CJ to Acura NSX
03 Dec 2025 05:16 GMT
Here at CarBuzz, we really, really love cars. Big cars, small cars, fast cars, slow cars, weird cars; if it has four wheels (or doesn't), and you can pilot it, we're fans. We spend a lot of time here praising different vehicles, while also giving …
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China’s Lawfare Is Reshaping Sovereignty And Supply Chain Security
03 Dec 2025 05:53 GMT
Sailors aboard the Philippine Navy frigate BRP Jose Rizal salute during a passing exercise with the Royal Australian Navy destroyer HMS Brisbane at the culmination of a maritime cooperative activity between the Philippines, Australia and Canadian navies …
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Dangote Refinery Expansion Disrupts Global Oil Market
29 Nov 2025 01:42 GMT
Omolabake Fasogbon
From 650,000 to 1.4 million bpd, a capacity surge that promises to reshape supply chains and strengthen Africa’s energy influence
Nigeria’s energy landscape is on the verge of a defining shift. The announcement of the planned expansion …
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Govt cites higher fuel cost due to furnace oil use in October
28 Nov 2025 06:39 GMT
… helped lower overall fuel costs. Discos purchased … oil.
Read More: Global diesel and petrol prices surge 10–12% amid rising shipping costs … usage of cheaper fuel.
Responding to questions … hikes petrol, diesel prices amid global oil fluctuations
The session …
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Russian tanker hit by drone off Turkey, crew safe
02 Dec 2025 15:06 GMT
Published on: December 2, 2025 5:34 PM
A Russian-flagged tanker carrying sunflower oil reported a drone attack off the Turkish coast on Tuesday. All 13 crew members remained unharmed. The vessel, MIDVOLGA-2, continued sailing toward Sinop port without …
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Why the Arctic is emerging as a new geopolitical flashpoint
02 Dec 2025 07:34 GMT
The Arctic has rapidly become a major point of confrontation among global powers for several strategic, economic, and security reasons.
The region is estimated to hold about 13 percent of the world’s undiscovered oil and 30 percent of its untapped natural …