Oil Drops After Trump Says Putin Agreed To Release Some Diesel Into Global Market

Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last A.P. Moller-Maersk shares rose in Copenhagen trading after the world's second-largest container carrier surprised analysts by raising its full-year profit outlook, citing stronger-than-expected containerized demand, particularly across Asia. The upbeat guidance suggests the global container market has remained resilient despite earlier Hormuz-related chokepoint disruptions, with global shipping demand holding. The Danish shipping and logistics giant now expects global container volumes to grow about 4% this year, up from its prior forecast of 2% to 4%. It also lifted guidance...

Another Hurricane Season Is Underway: What To Know Authored by T.J.Muscaro via The Epoch Times, June 1 marked the start of yet another hurricane season for the Atlantic Ocean, Caribbean Sea, and Gulf of America.  The National Oceanic and Atmospheric Administration (NOAA) is forecasting a lower-than-average number of named storms between now and Nov. 30 thanks to “El Niño.” This is a recurring weather event known to lower the jet stream over the southeastern United States and create an environment in the Gulf and Atlantic less friendly to hurricane development. But every storm...

Visualizing Canada's Biggest Export Partners More than two-thirds of Canada's merchandise exports flow to the United States - its most significant trading partner, which makes the ongoing tit-for-tat tariff spat with the Trump administration a serious threat to their economy.  In the first half of 2026, Canada sent $214.8 billion (C$298.2 billion) in goods to the U.S. - roughly 68% of its total merchandise exports. The UK came in second at 9.2%, which was heavily influenced by precious metals transactions. China came in third at 5%.  Or, as visualized by Visual Capitalist's Sofie Gilbert:  As Gilbert notes...