Trump Officials Urge U.S. Oil Industry to Increase Production Amid Supply Shock
U.S. Interior Secretary Doug Burgum and Energy Secretary Chris Wright urged major oil producers to raise output as the Iran‑linked closure of the Strait of Hormuz removed an estimated 16 million barrels per day from global supply. The administration framed the price surge as a short‑term shock and signaled no new export curbs or windfall‑profits tax. While U.S. production is at record levels, companies cited permitting delays and regulatory constraints as barriers to rapid expansion. Officials also highlighted a temporary Jones Act waiver to ease domestic crude movement.
Bleckmann Partners Australian Swimwear Brand for First EU Logistics Base
Bleckmann has partnered with Australian swimwear label Kulani Kinis to launch the brand’s first European logistics hub in Venlo, Netherlands. The move shifts warehousing, order fulfilment and returns from Australia to Europe, cutting delivery times from up to six days...
India Eyes Duty Cuts to Cushion Textile Sector Amid West Asia Disruptions
India's Ministry of Textiles has floated a package of duty cuts and regulatory relaxations to ease raw‑material shortages caused by the West Asia crisis. The proposal includes lowering import duties on rayon pulp and select cotton varieties, removing the minimum...
Uber Eats App to Start Picking Up Customers’ Returns for Thousands of Retail Locations
Uber Eats is rolling out an in‑app returns feature, letting customers send eligible retail purchases back via a courier or self‑drop without leaving home. The service launches Friday for thousands of U.S. stores, including Best Buy, Dick’s Sporting Goods, PacSun, Petco...
Tweet by @JavierBlas
BREAKING: Iran says passage "for all commercial vessels" via the Strait of Hormuz (and via the new Iranian shipping lanes) is now "completely open" after the ceasefire in Lebanon.
New ESG Gap Emerging Across Supply Chains, Warns Allianz Trade
Allianz Trade warns that a new ESG data gap is forming as European companies shift supply chains away from China toward markets with underdeveloped ESG reporting. The diversification targets emerging economies where sustainability disclosures are sparse or inconsistent. This scarcity...