Every Magna Bureau story on shipping: 52 articles, investigations and analysis in one place.
Copper smelter fees collapsed to historic lows. Western miners ship raw ore east because domestic smelters cannot afford to run.
NewsOne closed valve has cut Libya's biggest oilfield by two-thirds. In a world already short of oil, the Petroleum Facilities Guard just reminded everyone…
NewsBrent north of $105, the Fed raising rates for the first time in three years, and a pipeline in flames.
NewsNine months ago the OECD expected inflation to converge and AI to save growth. Now it sees sticky prices, an AI capex bubble, and trade policy as pure…
NewsRussia's and Germany's foreign ministers met for the first time since the invasion of Ukraine.
NewsIndia and OPEC just held their seventh energy dialogue in New Delhi. The subtext: the world's fastest-growing oil customer is done being a price-taker.
NewsTwenty million barrels a day through one strait. Spare capacity, shadow fleets, and war-risk insurance. A three-perspective investigation.
NewsOne Dutch company prints the machines. One Taiwanese company prints the chips. China refines the graphite inside the batteries.
NewsWith the Black Sea a shooting gallery, Russia and Ukraine are both rerouting grain through Baltic ports.
NewsThe Supreme Court struck down the president's emergency-powers tariffs 6–3, and Trump answered within 24 hours.
NewsWater shortages forced smelters at Indonesia's giant Morowali nickel park to cut stainless-steel feedstock output, rattling prices.
NewsThe rebels have seized the strategic Hanish islands and Mayun island at the Bab el-Mandeb's mouth.
NewsReuters tallies show visible tanker traffic through the strait at single digits and freight rates at records.
NewsTehran's offer at the UN: lift the naval blockade, waive oil sanctions, ceasefire — and Hormuz reopens in seven days. Trump says he said no. The full terms.
NewsSeventeen people gunned down at a tavern near Johannesburg on Saturday; ten more at a venue near Cape Town on Sunday. With no arrests and a third massacre days
NewsThe Wall Street Journal reports Egypt warned Netanyahu three times before October 7; Haaretz reports a UAE warning ten days out. Netanyahu denies both, flew sec
NewsOn September 15, Pakistan's PNS Hunain and India's INS Kolkata collided in the North Arabian Sea during Pakistan's SEASPARK-26 exercise. Both navies blame each
NewsGermany, Canada, Australia, Papua New Guinea, Zimbabwe, Brunei and Samoa pushed the BBNJ treaty past 100 parties at the UN General Assembly — and set up a Janua
NewsEU storage sits at 70% — twelve points below last year — and the energy commissioner is telling governments to dim the lights and cool the radiators. With Hormuz blocked and prices near triple their p
NewsAt 12:01 a.m. Tuesday, three presidential proclamations took effect banning Canadian alcohol, dairy products and motorcycles — the first outright import prohibitions of the trade war, resting on a Dep
NewsLula leads Flávio Bolsonaro 42% to 37% in the BTG/Nexus poll six days before the first round — but the October 25 runoff is a statistical tie, and the man runni
NewsJapan's top FX diplomat told markets Monday that the yen's slide is sending 'a very clear message' — the sharpest intervention warning yet, with the currency near 157 and July's joint operation with W
NewsThe American president rejected Iran's proposal to reopen the Strait of Hormuz in exchange for halting US strikes. Oil jumped 3%, Kuwait intercepted Iranian drones, and the mediator channel kept runni
NewsGlobal carriers are planning trial voyages through Suez in October, canal revenue is up 23% on the year, and Egyptian banks are weighing another $300M loan to the Canal Authority. The world's most imp
NewsBrent rose for a second straight session past $105 while Gulf crude exports hit 12.8 million barrels a day, the highest since February. The diplomats talked; the tankers found another way.
NewsMexico will buy more US goods and cut its reliance on Asian suppliers ahead of the USMCA review, Sheinbaum said — with a record $102.6 billion bilateral surplus and Trump's tariffs on the table in Was
NewsThe president called oil palm a 'miracle crop' as Indonesia locks in the world's first B50 biodiesel mandate, ends diesel imports, and moves to monopolize palm exports under the state. Fifty-seven pro
NewsRio Tinto and China's Baowu opened a $2 billion, 25-million-tonne iron ore mine at Paraburdoo this weekend. In a decade of decoupling talk, the ore that built modern China still ties the two countries
NewsSeven producers keep October output flat ahead of the Oct 4 meeting — Saudi Arabia at 10.478 million barrels a day. But the real negotiation is the 2027 quota architecture, and whether spare capacity
NewsGross sales from Leviathan, Tamar and Karish hit $1.46 billion in Q2, up 44% on the quarter. The Eastern Mediterranean's gas machine is now a fiscal pillar — and a diplomatic one.
NewsTreasury Secretary Bessent says Tehran's last sanctioned crude deliveries will reach China within two weeks. Operation Economic Outcast has run since July 14 — and this is what the end of an oil empir
NewsAbout 120 surveyor reports are still pending under September's mandatory rare-earth content checks, the smelter group FINI says. Jakarta's anti-corruption assay is holding up nickel, bauxite and tin s
NewsKristalina Georgieva told Youm7 the Suez crisis cost Egypt 70% of canal revenue — and that she will visit within ten days. With growth revised up to 5% and August canal income up 57%, Cairo is negotia
NewsBrent punched through $107, the 10-year Treasury hit its highest since 2007, and October Fed-hike odds jumped past 70% — while Washington and Tehran…
NewsUK diesel has broken £2 a litre — the national index reads 200.3p, the RAC calls a record, and Trump is weighing a 90-day suspension of US diesel exports to…
NewsDonald Trump told Axios he expects talks with Tehran this week — days after rejecting Iran's plan to reopen the Strait of Hormuz. His logic is patience as…
NewsQatari mediators held separate talks with both sides on Monday; Iran's foreign minister expects Washington's answer by Tuesday night — while Middle East…
NewsTrump and six tech CEOs signed the White House Accord on Super Intelligence on Tuesday — a one-page pledge of self-regulation the president called “morally…
NewsParliament speaker Mohammad Bagher Ghalibaf drew the line on Tuesday — as a ship took fire in the Strait of Hormuz, Qatar called the war's toll…
NewsThe US president says China is 'dumping' weapons into the hands of narco-terrorists killing Americans — hours before confirming a face-to-face with Xi in South Korea. Accusation and embrace, on the sa
NewsBrent fell roughly 2.5% to $102.59 on Tuesday as Saudi Arabia's East-West pipeline returned to half flow and Trump rejected Tehran's seven-day ceasefire proposal — while Washington moved to loan 40 million barrels from a
NewsThe president torpedoed an Axios report that he would trade sanctions relief for nuclear concessions. Brent is up 14% this month — and Qatar's shuttle diplomacy just got harder.
NewsEl Niño has starved a Sulawesi smelter of hydropower, idling its furnaces. BMS is sending workers home on $84 a month — a parable of the nickel boom's fragility.
NewsIran said Wednesday it had received the US reply to its seven-day Hormuz plan; Foreign Minister Araghchi laid it before President Pezeshkian at a cabinet meeting. The same day, the rial crossed 2.5 million to the dollar
NewsMoscow says work is "under way" on transferring Ankara's Russian air-defence systems to a third country — a move that could unlock Turkey's return to the F-35 programme and end the alliance's ugliest
NewsProducers are expected to freeze November quotas at Sunday's meeting while Saudi Arabia pumps 3.5 million barrels a day through its desert pipeline, bypassing a shuttered Strait of Hormuz.
NewsThe Mate 90's Kirin 9050 Pro squeezes more power from older factories with a 3D wiring trick, while DeepSeek hands Huawei's AI chips an open-source software arsenal. The catch, Huawei admits, is capac
NewsAfter FZ1073's 14,000-foot dive and emergency landing at Tabuk, Israel's prime minister calls it an attempted terror attack and the Emirates opens a criminal probe — and the Abraham Accords' flagship
NewsThe USS Theodore Roosevelt is steaming toward the Middle East with 9,000 to 10,000 more troops, joining two carriers already in the region — as Donald Trump weighs resuming strikes on Iran after the m
NewsRussia has hit Kyiv's Southern Bridge two days running; Ukraine has answered at a Volgograd refinery. The trenches are quiet. The infrastructure is the front.
NewsOn Beijing's orders, Chinese refiners have suspended all October fuel exports beyond Hong Kong and Macau. PetroChina is canceling cargoes, Asia's diesel squeeze is deepening, and the world is learning
NewsShahed drones hit the Southern and Paton bridges, stranding a capital of three million — while Zelenskyy says every Russian missile is built on smuggled Western components.
