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| Scope | National, Trade/B2B |
|---|---|
| Language | English |
| Country | United States of America |
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Recent Articles
Search ArticlesAmerican Rose wins Women's ILCA Worlds 6 as the racing heats up
The ILCA 6 'Women’s World Championship is led by American Charlotte Rose on Wednesday as the 108-strong?fleet splits into Gold &?Silver for a?decisive?phase of??racing? on Dublin Bay. Rose, who is two points ahead of a field stacked with Olympians, after winning both races Tuesday, said Gold Fleet racing was a 'fresh start' but she would not change her approach.
Iran Strikes Back After US Military Destroys Five Oil Tankers
The Middle East war intensified on Tuesday with Iranian-backed Houthis in Yemen launching strikes on several Saudi cities, further embroiling a U.S. ally in the conflict, while U.S. forces hit multiple Iranian oil tankers and Iran targeted a U.S. base in Jordan. The Houthis attacked four cities in the south of Saudi Arabia, wounding 73 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old war.
Iran claims to have captured a US sub-drone in the Strait of Hormuz
The Iranian Revolutionary Guards announced on Tuesday that they had captured an unmanned U.S. submarine at the Strait of Hormuz. This was a rare opportunity to see how underwater drones were used for military operations. Iranian state media reported that the vessel 'was a Dive LD, a large autonomous underwater vehicle built in California by Anduril. The company said the 19-foot (5.8 metre)'submersible could carry out missions such as mine countermeasures and seabed mapping.
After US efforts to end the war in Ukraine have yielded little progress, grain prices are rising.
Chicago wheat futures rose on Tuesday following a 'U.S. The weekend diplomatic efforts to end the four year war in Ukraine that?has disrupted Black Sea grains shipments" yielded very little. Corn and soybean futures fluctuated as traders adjusted their positions in anticipation of the upcoming?U.S. Department of Agriculture's supply and demand report. The Chicago Board of Trade's most traded wheat contract settled at $7.47 per bushel, an increase of 13 cents. The price had risen to $7.63 overnight.
Cardinals in a desperate race for NL wild card, they must win game against Giants
The St. Louis Cardinals, who are a game further back in the National League Wild-Card race, will have a second chance to redeem themselves after a difficult series opener loss when they face the San Francisco Giants at home on Tuesday. The Cardinals came back from a 9th-inning deficit to win 5-4 in San Francisco. They took the lead in the 10th inning and then allowed a walk-off 11th inning.
Wheat Prices Rise After US Diplomatic Attempts Falter
Chicago wheat futures jumped on Tuesday as hopes faded for a U.S. diplomatic effort to end the war in Ukraine, which has disrupted Black Sea grain shipments, analysts and traders said. Corn and soybean futures chopped up and down as traders adjusted positions ahead of Friday's U.S. Department of Agriculture supply and demand report. The most-traded wheat contract on the Chicago Board of Trade was 4-3/4 cents higher to $7.38-3/4 per bushelas of 11:00 a.m. CT (1600 GMT).
Oil Prices Reach Six-Week High
Oil prices rose to a six-week high on Tuesday after Iran-backed Houthis in Yemen attacked Saudi energy facilities, setting oil installations ablaze and threatening a major expansion of the six-month-old Middle East war. Brent crude futures rose 70 cents, or 0.7%, to $97.70 a barrel at 10:56 a.m. EDT (1456 GMT), while U.S. West Texas Intermediate (WTI) crude rose $1.21, or 1.3%, to $92.69.
Greece to Buy Two Frigates From Italy
Greece finalised a deal on Tuesday for the purchase of two Bergamini class frigates from Italy, its defence ministry said, as the NATO country looks to modernise its armed forces. Greece agreed last year a plan to buy the two used Bergamini class frigates from Italy and kept an option to buy two more. Defence Minister Nikos Dendias and Italian counterpart Guido Crosetto the "implementing arrangement" in Rome, the Greek defence ministry said in a statement.
73 Injured as Houthis Attack Four Saudi Cities
Yemen's Tehran-backed Houthis attacked four cities in the south of U.S. ally Saudi Arabia on Tuesday, wounding more than 70 people and setting oil installations ablaze in what appeared to be a major expansion of the six-month-old Middle East war. The Houthis, who control most of Yemen's populated areas including the capital, said they had launched a broad operation deep into Saudi territory.
What are the Houthis and their allies, Iran in Yemen?
Maritime Activity Reports, Inc. Posted to Maritime Reporter on On Tuesday, the Houthi movement in Yemen, which is backed by Tehran, fired missiles and drones on Saudi Arabian cities as well as energy facilities. This was part of a regional escalation that began more than six months after the U.S.-Iran war. The renewed conflict between the Houthis, Saudi Arabia and Iran threatens to reignite Yemen’s civil war.