Tuesday, October 21, 2025

Shipping & Transportation

BP greenlights $5B Tiber-Guadalupe drilling project in US Gulf

HOUSTON — British oil major BP said on Monday it will move ahead with a $5 billion offshore drilling project in the US Gulf...

South Korea cannot pay $350b to US for tariff deal as Trump suggests, top aide says

SEOUL — South Korea is unable to pay $350 billion upfront in investment in the United States as President Donald Trump suggested under a...

US tariffs threaten $3.1B of Singapore’s pharma exports, trade talks ongoing

SINGAPORE — Pharmaceutical companies in Singapore are seeking clarification on whether they would qualify for an exemption from steep tariffs imposed by the United...

Iraq resumes Kurdish oil exports to Turkey after 2-1/2-year halt

Crude oil flowed on Saturday through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey for the first time in 2-1/2...

Tariffs and conflict causing major volatility in shipping industry, says UN trade agency

GENEVA — The shipping industry is experiencing major volatility amid rising geopolitical tensions and disruptions caused by a wave of new tariffs, according to...
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