The Alexey Kosygin is key for the project above the Arctic Circle to be able to ship cargoes of liquefied natural gas via the Northern Sea Route.

The company predicted a $19.5 billion hit to profits as a result of the strategic shift.

The European Commission unveiled The ReSourceEU program, which seeks to de-risk and diversify the bloc’s supply chains.

The Trump administration has ramped up pressure on Venezuelan President Nicolás Maduro, whom it has accused of presiding over a narcotrafficking operation.

The language crackdown is part of a broader Trump administration campaign that’s upending the trucking industry, a critical pillar of the U.S. economy.

The 900-foot tanker doesn’t have a cargo on board, and images released by Turkish authorities last week showed a significant blaze on the ship.

Under the U.S.-Congo strategic partnership, Congo has committed to shipping more of its minerals west toward the Atlantic Ocean over Angola’s Lobito railway corridor.

Freight costs typically dip at year-end due to seasonal weakness in demand.

The U.S. has been applying pressure on Delhi to cease importing Russian oil, and President Donald Trump hit India with 50% tariffs in August.

The project is expected to provide enough electricity to power 800,000 homes, and will allow Microsoft to purchase a portion of the plant's output to power the company's data centers.