Tag: Ships and Shipping

Biden to Visit Port of Los Angeles, Casting Inflation as a Global Problem

The visit to the nation’s busiest entry point for goods comes as President Biden struggles to show progress on resolving supply chain issues that are fueling inflation across the country.

Europe’s Russian Oil Ban Could Mean a New World Order for Energy

The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.

American Importers Accuse Shipping Giants of Profiteering

Carriers are exploiting the supply chain chaos to breach contracts and jack up rates, importers say in asking for federal intervention.

Russia Wants to Sell More Energy to Asia, but Has to Slash Prices

Russia wants to sell more oil and coal to China and India, but Western sanctions may make that hard unless Russia offers deep discounts on the price.