/ SEOUL: Two South Korean shipping companies said Friday they had this month suspended importing crude from due to a looming EU oil embargo that could effectively halt shipments of Iranian oil from July. , which handles refiner SK Energy's crude shipments, said it shipped its last cargo from Iran early this ...
's lower house is set to pass a bill on Friday to provide on insurance for Iranian crude cargoes, making it the first of 's big Asian buyers to find a way to keep the oil flowing in the face of tough new EU sanctions. takes effect on July 1 and includes a ban on EU insurance firms from covering ...
mainly steel, cars and electronics - to reduce its risk of payment defaults as western sanctions disrupt exports, highlighting the growing risk of doing business with the Islamic Republic. The move to limit the trade exposure of Asia's fourth-largest economy, which sold $1.7 billion of goods in ...
Hyundai Oilbank cites impact of euro zone crisis * Refiner is South Korea's biggest buyer of Iran crude * Latest in series of major Asian IPOs to be pulled or delayed * Company says will revive float when conditions improve (Adds details) SEOUL, June 15 (Reuters) - South Korean refiner Hyundai ...
a in Seoul and Robert Cookson in Hong Kong/ Hyundai Oilbank has shelved its planned $2bn initial public offering due to Europe’s debt crisis and lower risk appetite in global stock markets. “We’ve decided to suspend the offering due to uncertainties over the IPO’s success as the euro zone crisis ...
Japan's lower house passed a bill on Friday to provide government guarantees on insurance for Iranian crude cargoes, a key step towards it becoming the first of Iran's big Asian oil buyers to get round new European Union sanctions. The bill will now be sent to the upper house, where opposition ...
"Temporary" export ceiling measure started on June 12 * More details to be set if EU insurance issues finalised * New deals to be approved only if payment period within 180 days * Japan's lower house to pass bill to insure Iran oil on Friday-report * To allow sovereign guarantee to continue Iran ...
The Palestinian Authority has delivered little improvement to the lives of Palestinians/ With Israeli settler violence surging in the occupied West Bank, al-Mughayyir, north-east of Ramallah, has found itself on the frontline. It faces regular incursions by the Israeli army and has seen farmland ...
Iran's Foreign Minister Abbas Araghchi has said a proposal for an agreement with the US will be ready in days/ US President Donald Trump has said he is considering a limited military strike on Iran in order to pressure its leaders to agree a deal to curb the nuclear programme./ The president ...
has been among the best performers in the stock market over the past few years, but it hasn't had a great 2026 so far. Its stock is essentially flat, as is the . All of that could change after it reports Q4 earnings on Feb. 25, as those results could ignite the stock to its usual form./ I think ...
Khaled Meshaal, part of Hamas's "old guard", who has already led the group, is said to be one of the frontrunners/ Hamas is holding an election for a new interim leader, a senior Palestinian official familiar with the armed group's affairs has told the BBC./ Voting is taking place across Gaza, ...
The UN estimates the cost of damage in Gaza at $70bn/ Several countries which have signed up to Donald Trump's Board of Peace have contributed more than $7bn (£5.2bn) towards a Gaza "relief package", the US president has said./ Trump made the announcement during the first meeting of the ...
Add Yahoo as a preferred source to see more of our stories on Google./ A drone view shows a property seized by authorities, where the authorities say they discovered a sophisticated tunnel used for large‑scale fuel theft from Mexico's state energy company Pemex and for storing drugs, in Sayula, ...
U.S. President Donald Trump and Chinese President Xi Jinping in October 2025./ reveals that while aggressive trade policies implemented in 2025 have successfully driven a significant wedge between midsize American businesses and Chinese suppliers, the decoupling has come with a staggering price ...
Trump told the Board of Peace, Trump said that talks with Iran have been 'very good' but historically difficult./ President Donald Trump says the world will find out "over the next, probably, ten days" whether the US will reach a deal with Iran or take military action./ At the inaugural meeting ...
Add Yahoo as a preferred source to see more of our stories on Google./ Russia's Foreign Minister Sergei Lavrov attends a meeting with Cuba's Foreign Minister Bruno Rodriguez in Moscow, Russia February 18, 2026. Hector Retamal/Pool via REUTERS/ Feb 18 (Reuters) - Russian Foreign Minister Sergei ...
Hamas is reasserting control in Gaza after the start of the ceasefire with Israel/ When a US-imposed ceasefire halted the Gaza War last October, Hamas's war for survival against Israel switched into a battle for control at home./ The war had left the group's disciplined military units shattered ...