MSC announces emergency fuel surcharge on trades from Red Sea and East Africa to Northern Europe, West Mediterranean and Adriatic; also on trades from Northern Europe (including UK and Scanbaltic) to Red Sea and East Africa
Every headline is on the live feed 20 minutes before this site.
US EPA will temporarily suspend anti-smog rules for Summer gasoline to ease pump prices
Norewegian Energy Minister says country has produced more than half of Norwegian Continental Shelf's recoverable oil, gas resources, but there are still huge remaining resources
MSC announces emergency fuel surcharge on trades from Red Sea and East Africa to Northern Europe, West Mediterranean and Adriatic; also on trades from Northern Europe (including UK and Scanbaltic) to Red Sea and East Africa
A US official told Axios that the Trump administration had yet to receive any official messages from Iran rejecting the offer; It's not entirely clear to how much of the Iranian position is posturing vs. actually closing the door on negotiation
Some Iranian officials had said as late as Tuesday that Iran was considering meeting with US negotiators in Islamabad, Pakistan, over the next week to discuss US President Trump’s proposal but would not entertain a temporary cease-fire, NYT reports
On the Newsquawk feed at , 20 minutes before this page.
Context
The announcement of an emergency fuel surcharge by MSC suggests heightened operational costs associated with shipping routes from the Red Sea and East Africa to Northern Europe. This reflects ongoing supply chain pressures and could indicate rising freight costs in the shipping sector, potentially influencing inflationary trends and overall logistics pricing.
Related headlines
- Russian Deputy PM Novak says the gasoline shortage on the Russian market currently is about 5%, Interfax reports; The global oil market is unbalanced, experienced shock, and has a significant supply deficit; the imbalance is estimated at 4-6mln barrels1 day ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL1 day ago
- US Preisdent Trump reiterates oil prices are going to come down very soon1 day ago
- Irib reports that the East-West oil pipeline of Saudi Arabia has been targeted once again; adds, detection of a new thermal anomaly in the Yanbu area, near the oil pipeline1 day ago
- US lawmakers introduce bill to block US President Trump’s Russia diesel deal1 day ago
- Russia’s Ryazan oil refinery has halted operations of one of its primary units since October 15th drone attack, according to reports, citing sources1 day ago
- Italy and the EU Commission reach an agreement on a gas price cap law1 day ago
- Russian President Envoy/RDIF Head Dmitriev says they will discuss joint data centres with the US, including the use of Russian nuclear power stations1 day ago
- Russian President Envoy Dmitriev says Russia and the US discussed in the Arctic and LNG1 day ago
- Turkish Energy Minister says discussed cooperation possibilities in LNG field with chairman of Russia’s Novatek1 day ago
- Reports suggest that a force majeure at a natural gas field has been lifted1 day ago
- Russia has reportedly doubled its attacks on Naftogaz facilities in 2026, sources say; Ukraine's 2026 gas consumption is seen falling by 1BCM after Russian strikes on business infrastructure1 day ago
- Germany's Upper House approves the further release of oil stocks following the G7 agreement1 day ago
- Iran has reportedly managed to export some LPG and jet fuel since July, despite the blockade; Iran is exploring ways to get other shipments out also1 day ago
- Russian Deputy PM Novak says that he sees no obstacles to direct diesel shipments from Russia to the US, adding that restrictions have been lifted, TASS reports1 day ago
- South Korea is reportedly to extend oil fuel price cap for another four weeks1 day ago
- Russia and Iran is reportedly discussing gas pipeline route and pricing1 day ago
- Azerbaijan's SOCAR is reportedly looking to resume gas purchases from Gazprom, IF reports1 day ago
- EU Council President Costa says that it is not the time to put relief on Russia sanctions1 day ago
- Japanese Chief Cabinet Secretary Kihara says Japan expects October crude procurement to be at the same level as last year1 day ago
The feed had this first.
Use the Platform