Iran has come to rely on imports of food, autos and computer chips.
On June 30, the Danish shipping giant Maersk startled Iran’s trade officials by abruptly pulling out of the country’s three largest ports. Company officials said little about the decision, but the timing was striking: A week earlier, the Obama administration had [...]
Just as it seemed investors were willing to take a few profits on crops, along came two reasons to persuade them to hang on.
The first was oil, which crossed $90 a barrel in New York to set a 26-month high, amid continued cold weather on both sides of the Atlantic and following data showing [...]
Police in the southern French city of Marseilles said on Friday they had opened access to a major oil depot near the blockaded port of Fos-Lavera, although tankers were still unable to dock at the terminal.
A dockworker strike at Fos-Lavera, France’s largest oil port, has held up fuel supplies to major refineries across [...]
A three-week old strike at the French oil hub of Fos-Lavera to protest pension reform and working conditions is blocking 61 ships from unloading cargo, the port authority said on Sunday.
The strikers want job guarantees as part of a port reform and are also protesting against President Nicolas Sarkozy’s pension reforms that raise [...]
Nationwide strikes paralysed France’s oil refining industry on Thursday, with only one out of 12 plants operating normally and some petrol stations reporting brief shortages due to panic buying.A strike at Fos Lavera entered its 18th day on Thursday — the longest on record at the key Mediterranean oil port — while workers at most [...]