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Euronewsbusiness2 hrs ago
Spain olive-oil imports from Morocco jump nearly tenfold while domestic output falls 9 percent
Imports reached 10,384.7 tonnes from January to April, up from 103 tonnes a year earlier. The increase coincides with a strong Moroccan harvest and a modest decline in Spanish output.
freepressjournal.infinance11 hrs ago
India's June fuel use fell 3.7% from May while crude imports hit a record 5 million barrels a day
India's total fuel consumption declined to 19.24 million metric tons in June 2026, down 3.7% from May and 3.1% from June 2025. Gasoline and diesel sales rose year-on-year while crude imports hit a record 5 million barrels per day. OilPrice.com reported the figures from India's oi…
news.sky.compolitics1 day ago
Ineos chief urges EU action on Chinese chemical imports and European plant closures
Sir Jim Ratcliffe told Ursula von der Leyen that China is overbuilding chemical capacity and dumping products in Europe at low prices. He cited 200 plant closures in five years and risks to food and defense supply. GB News reported the contents of the letter.
Fox Newspolitics1 day ago
President Trump Declares Food Supply Emergency and Suspends Fertilizer Tariffs
President Trump declared a food supply emergency and suspended tariffs on key fertilizer imports. The move follows disruptions in global supply chains tied to Russia, the Strait of Hormuz and China.
The Sydney Morning Heraldbusiness1 day ago
Sustainable aviation fuel from used cooking oil reaches Brisbane Airport
A fuel retailer has begun supplying sustainable aviation fuel made from imported used cooking oil to Brisbane Airport and regional Queensland cities. The fuel will be stored, blended and piped from the company's Pinkenba Terminal. The project received partial funding from a gover…
freepressjournal.infinance2 days ago
EU Share of U.S. LNG Exports Falls to Two-Year Low in June
Europe purchased less than half of all U.S. liquefied natural gas exports last month, the lowest share in two years. Asian buyers paid nearly $4 more per mmBtu than European importers. The decline affects a three-year, $750 billion energy purchase commitment made under a July 202…
finance2 days ago
U.S. Goods Trade Deficit Widens 27% in May to $105.8 Billion
@KobeissiLetter reported that the deficit reached its highest level since March 2025. Exports dropped while imports rose on data center equipment purchases.
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Fortunepolitics3 days ago
Diamond Industry Group Presents Ring to U.S. Ambassador for Delivery to President
A Belgian diamond trade group delivered a ring containing 321 diamonds and other gemstones to the U.S. ambassador to Belgium for presentation to the president. The gift follows the removal of U.S. tariffs on polished diamond imports from Antwerp.
Japan Timesworld3 days ago
Asia Reviews Energy Supplies After Four Months of Gulf Conflict
Energy importers across Asia are reassessing supply security following four months of conflict in the Persian Gulf. Policymakers cite the need for larger reserves, more supplier options, and a wider range of power sources.
rt.comfinance4 days ago
Russia to Import 200,000 Barrels of Jet Fuel from Japan While Maintaining Export Ban
Russia will receive the cargo from Chiba, Japan, via a ship-to-ship transfer in South Korea in the first half of July. The purchase follows a ban on most jet fuel exports and repeated strikes on domestic refineries.
washingtonpost.compolitics3 days agoUpdated
Diamond Ring Gifted to U.S. Ambassador for President
A diamond-encrusted gold ring valued at $25,000-35,000 was given to the U.S. ambassador to Belgium this week for delivery to the president. The gift follows the removal of U.S. tariffs on polished diamond imports from Antwerp.
cnbc.comfinance4 days ago
India Crude Stocks Reach 104 Million Barrels After Record June Imports
India's total crude inventories reached 104 million barrels by the end of June 2026. Imports hit a record 5 million barrels per day that month, with 2.6 million barrels per day sourced from Russia.
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news.google.comfinance4 days ago
Japan's LNG Imports Fall 7 Percent as Utilities Shift to Coal
Japan generated 17.3 terawatt-hours from gas-fired plants in June, down 16 percent from the prior year. Coal-fired generation rose 4.6 percent over the same period.
dcvelocity.combusiness4 days ago
JERA Creates Singapore Subsidiary to Manage LNG and Low-Carbon Fuel Operations
Japan's largest LNG importer announced the formation of a new wholly owned unit to handle global trading activities. The subsidiary will oversee LNG, upstream, shipping and lower-carbon fuel businesses from its base in Singapore.
dutchnews.nlfinance5 days ago
Shipping rates rise as retailers book early orders ahead of possible U.S. tariffs
Retailers are accelerating imports to avoid potential new U.S. tariffs expected at the end of July. The surge has lifted global container rates to four-year highs, with some routes up 120 percent in six weeks.
freepressjournal.inbusiness5 days ago
India Plans Stake Sales in Eight State Firms After Oil-Price Spike from Iran War
India is speeding up plans to sell stakes in eight state-owned companies, including major insurers and banks, to raise billions of dollars. The sales aim to cover higher energy import bills after supply disruptions from the Iran war.
cnbc.combusiness5 days ago
Ford CEO Calls for USMCA Rewards for Domestic Production as Most Automakers Urge Pact Extension
Ford CEO Jim Farley urged rewards for domestic vehicle production and penalties for heavy importers under revised USMCA terms. The comments came as the Trump administration shifted to annual reviews that could end the pact by 2036.
dailywire.comfinance5 days ago
Russia Begins Seaborne Gasoline Imports From India to Ease Shortages
Russia has started receiving gasoline shipments from India by tanker after Ukrainian drone strikes damaged refineries and created fuel shortages. At least 60,000 metric tons have already been dispatched in two tankers. India simultaneously set a record for crude oil imports from…
washingtonpost.combusiness5 days ago
Wedding spending rose 8.5 percent in 2026 as inflation hit 4.2 percent
Couples increased wedding-related outlays by 8.5 percent compared with 2025. Bank of America Institute data linked the increase to higher prices for imported goods and broader inflation that reached 4.2 percent in May.
indiatoday.intoday.infinance6 days ago
Ukrainian Drone Strikes Reduce Russian Refining Capacity by 30 Percent
Ukrainian drone strikes have cut Russian oil-refining capacity by roughly 30 percent. Russia has begun seaborne gasoline imports from India to offset the resulting shortfall. Officials plan to bring in 400,000 metric tons monthly from India and other suppliers.
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ZeroHedgefinance6 days ago
Russia Negotiates Gasoline Imports from Kazakhstan and India to Address Fuel Shortage
Russia is negotiating purchases of gasoline from other countries to address a domestic shortage after Ukrainian drone strikes on energy facilities. Kremlin spokesman Dmitry Peskov said on June 30 that talks are active and imports will proceed at acceptable prices. President Putin…
croatiaweek.comworld6 days ago
Australian olive oils rank higher than some Italian and Spanish options in blind test
A consumer group blind tested 30 supermarket extra-virgin olive oils. Several Australian products scored above imported Italian and Spanish brands.
politics6 days ago
Ukrainian Drone Strikes Cut Russian Fuel Output 25 Percent
Ukrainian drone attacks on Russian oil refineries have reduced domestic fuel production and triggered rationing across more than half the country's regions. Officials report long lines at gas stations and have restricted exports while considering imports.
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pakistantoday.com.pkfinance6 days ago
EU Seeks Trade Pact With China by October as New Steel Tariffs Begin
The European Union will pursue an agreement with China to address trade imbalances by October. New steel import quotas and a flat customs duty on low-value e-commerce packages also took effect.
indiatoday.intoday.infinance6 days ago
India Crude Imports Hit June Record With Russian Share at 54 Percent
Indian refiners took in about 5 million barrels per day of crude in June. Russian volumes reached 2.6 million barrels per day, the highest share on record.
theverge.compolitics6 days ago
Poll Finds 60 Percent Say Trump Not Focused on Top Problems, 29 Percent Say He Has Right Priorities
An Economist/YouGov survey released this week found most Americans believe President Trump has not addressed the issues they consider most important. The poll also recorded a dip in the share who say the country is headed in the right direction.
rferl.orgfinance6 days ago
Fuel Prices Rise in Kyrgyzstan, Tajikistan, Uzbekistan After Russian Refinery Disruptions
Disruptions at Russian refineries have reduced fuel supplies to Central Asia, pushing prices higher in Kyrgyzstan, Tajikistan, and Uzbekistan. Governments are seeking imports from Kazakhstan, Azerbaijan, China, and Iran.
axios.compolitics7 days ago
FCC Drafts Rule to Ban Chinese Solar and Battery Inverters
The Federal Communications Commission is preparing a rule that would prohibit imports of Chinese-made solar and battery inverters. The measure targets new foreign models and could be published this year.
news.sky.comworld7 days ago
AfD Leader Weidel Urges Germany to Resume Russian Energy Imports
Alice Weidel, leader of Germany's AfD party, urged Berlin to resume purchases of Russian oil and gas. She said the cutoff had cost hundreds of thousands of jobs and left Germany paying higher prices to the United States.
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mediaplaynews.comfinance7 days ago
European Union to Cap Tariff-Free Steel Imports Starting Wednesday
The European Union will restrict the volume of tariff-free steel its member states can import beginning Wednesday. The measure is intended to shield the bloc's steel sector from global overcapacity.
espn.comworld7 days ago
EU halves duty-free steel import quota from July 2026
The European Commission will cut overall duty-free steel imports by half starting 1 July 2026. Thirteen countries holding free-trade agreements with the bloc receive a smaller reduction of one-third.
citizen.co.zaworld7 days ago
EU Sets Lower Steel Import Quotas Starting July, Cutting South Korea’s Share by 20 Percent
The European Union will cut tariff-free steel import quotas sharply starting July 1. South Korea receives a reduced allocation of 2.07 million tons but faces a smaller percentage cut than the overall EU reduction.
theepochtimes.comfinance8 days ago
EU to Charge €3 on Parcels Under €150 Starting Wednesday
The European Commission will end the de minimis exemption for low-value imports. Small parcels will face a new customs fee and full declarations from Wednesday onward.
finance8 days ago
Nigeria Fuel Regulator Tells Sellers to Maintain Prices
The Federal Competition and Consumer Protection Commission said it found only marginal price cuts at pumps despite lower global crude prices. The commission stated it will investigate any evidence of anti-competitive conduct. Petrol import costs fell to N983.92 per litre while ma…
en.antaranews.comworld8 days ago
EU to Apply €3 Duty on Low-Value Imports Starting July, Raising Prices and Slowing Deliveries
New rules end the de minimis exemption for parcels under €150. Online marketplaces will face direct liability for product safety. The changes target more than two billion annual shipments.
america.cgtn.comfinance9 days ago
China Meets Iran Official in New Delhi, Reduces Crude Imports to Nine-Year Low
Chinese Foreign Minister Wang Yi met Iran's deputy national security official in New Delhi. He pledged continued assistance and reconstruction support while China reduced oil imports after the late-February conflict.
teslarati.comtechnology9 days ago
Federal Probes Open into Texas Tesla Crash While Waymo Scales Robotaxi Imports
NHTSA and NTSB opened investigations into a fatal Texas crash involving a Tesla. Waymo is on pace to import more than 3,000 robotaxis this year while multiple mobility startups announced funding and partnerships.
france24.comworld9 days ago
Cuba Expands Solar Power with Chinese Imports as U.S. Oil Restrictions Persist
China is assisting Cuba with a rapid increase in solar capacity as U.S. restrictions limit fuel imports. Imports of panels and batteries have risen sharply, enabling dozens of new parks. France 24 reported from Havana.
Rapplersports9 days ago
Justin Brownlee Captures Seventh PBA Title, Becomes Winningest Import
The 38-year-old forward led Barangay Ginebra to the 2026 Commissioner’s Cup crown. Rappler reported he broke a tie with Sean Chambers for the PBA record.
world9 days ago
South Australia Spot Electricity Prices Hit Cap Twice in Wind Lull
Wholesale prices reached the $20,300 per megawatt-hour ceiling on consecutive days in late June. Low wind output forced reliance on gas and imports while batteries largely failed to respond.
The Independentpolitics9 days agoUpdated
Trump Announces 100% Tariffs on Imports from Countries with Digital Services Taxes on U.S. Firms
President Trump stated Friday that any country imposing a digital services tax on American companies will face immediate 100% tariffs on its exports to the United States. The measure would override existing trade deals and targets European nations considering such levies.
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theiranproject.comfinance11 days ago
UAE Foreign Minister Stresses Compliance With U.S.-Iran Agreement
The UAE's foreign minister spoke by phone with Iran's foreign minister and called for full adherence to the recent U.S.-Iran memorandum of understanding. The call focused on the importance of implementing all provisions of the agreement.
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news.sky.comworld11 days ago
UK Paid Record Price for European Electricity Imports During Heatwave but Cancelled Margin Alert Same Day
The National Energy System Operator secured up to 2.3 gigawatts of emergency power from the Netherlands on Wednesday evening. The purchases added an estimated £11 million to consumer bills. A second margin notice warns of potential shortfalls on Friday.
benzinga.comfinance11 days ago
Chinese Crude Oil Imports Projected at 6.4 Million Barrels per Day in June 2026
June 2026 imports are forecast to average 6.4 million barrels per day, an 8 percent drop from May. The decline marks the weakest monthly pace in nearly a decade amid reduced demand after the war.
Euronewspolitics11 days ago
EU Ambassadors to Discuss Revised Russia Sanctions Package
EU ambassadors will review a revised 21st sanctions package against Russia on Friday. The package includes a proposed fish import ban and changes to the oil price cap review scheduled for 15 July.
zerohedge.comfinance12 days ago
India Sets Record Russian Crude Imports in June as U.S. Sanctions Waiver Expires
India took in 2.6 million barrels per day of Russian crude early in June, accounting for 53.5 percent of its total oil imports. Kpler estimates full-month arrivals will reach a record 2.35 million barrels per day.
benzinga.comfinance12 days ago
China Crude Imports Fall to Lowest Level Since 2018
Chinese crude imports dropped to their lowest level since 2018 as the country drew more heavily on strategic reserves and cut purchases from major Middle Eastern suppliers. Brent crude settled at $73.39 per barrel and WTI at $70.11 per barrel on Wednesday.
The Guardianworld13 days ago
Britain Grid Operator Secures Extra Power for Evening Peak After Paying Record Prices
The National Energy System Operator secured 1.7 gigawatts of imported electricity at £1,400 per megawatt-hour after issuing a margin notice. Record June temperatures and low wind reduced supply while evening demand rose.
techjuice.pkpolitics13 days ago
Pound reaches strongest level against Euro since August 2025
Sterling climbed to 1.162 against the Euro on Wednesday, its highest rate in nearly one year. Currency specialists advised British travelers and importers to secure euros while the rate remains favorable.
foxbusiness.comfinance13 days ago
Countries Plan Expanded Oil Storage After Hormuz Closure
The temporary closure of the Strait of Hormuz stranded more than 10 million barrels per day of crude. Import-dependent nations in Asia are now expanding strategic petroleum reserves to reduce future supply risks.
science13 days ago
Australian Authorities Assess Claims of Illegal Raw Peanut Imports
Biosecurity officials are examining reports that raw peanuts from China and Brazil entered Australia without required certificates and reached stores in Sydney and Melbourne. Industry figures cite testing showing the nuts could germinate and warn of disease risks. The Department…
insidermonkey.comworld14 days ago
European electricity prices reach multi-year highs during heatwave
Power markets across Europe recorded sharp price increases as record temperatures drove air conditioning demand and reduced output from wind, gas, and nuclear plants. Great Britain paid more than six times its usual rate for imported electricity on Tuesday.
swissinfo.chfinance14 days ago
UK Grid Operator Says Electricity Supply Will Meet Winter Demand
NESO stated that the United Kingdom will have enough electricity this winter even as global energy markets face disruption from the Strait of Hormuz situation. The grid operator noted that only a small share of UK gas imports comes from Qatar.
rediff.comworld14 days ago
China Gold Imports Reach Two-Year High as Hong Kong Bar Shipments Rise
China's gold imports climbed to their highest level in two years in May. Hong Kong recorded a sharp increase in gold bar inflows ahead of a new clearing system launch.
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rigzone.comscience14 days ago
Oil Market Outlook Shifts as Strait of Hormuz Reopening Nears
China has reduced crude imports and drawn on stockpiles during the conflict, keeping global prices below earlier forecasts. The International Energy Agency now projects a possible supply glut next year if the strait reopens.
japantimes.co.jpfinance15 days ago
Saudi Arabia Bought 1.23 Million Tons of Russian Fuel Oil in May
Saudi Arabia remained the largest buyer of Russian fuel oil last month even as overall Russian shipments declined. The imports rose sharply after production shut-ins began in March amid the Hormuz crisis.
livemint.comfinance15 days ago
India to import record volume of Russian crude in June
India has imported 2.6 million barrels per day of Russian crude so far this month. Kpler estimates full-month imports will reach 2.35 million barrels per day, exceeding the prior record of 2.2 million barrels per day set in May 2023.
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investopedia.comfinance15 days ago
China Refining Falls to Four-Year Low in May as Imports Drop and Stocks Are Drawn Down
Processing reached 54 million tonnes while imports dropped to 33 million tonnes. The declines followed disruptions in the Strait of Hormuz and drew down inventories by 2 million tonnes.
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rnz.co.nzworld15 days ago
Cuba Ends School Year Early Due to Fuel Shortage
Cuban schools are closing the academic year ahead of schedule because of a fuel shortage. Officials attributed the shortage to restrictions on oil imports.
The Sydney Morning Heraldbusiness15 days ago
China Oil Imports Cut by One-Third During Iran Conflict
China reduced daily oil imports by roughly one-third while the Strait of Hormuz was closed. State-owned energy companies kept large stockpiles and did not draw on strategic reserves. The import slowdown helped ease global price pressure during the conflict.