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TRUMP: I didn't receive the Nobel Prize, so I don't want any Norwegians. Norway is terrible.

2026-10-26

TRUMP: I didn't receive the Nobel Prize, so I don't want any Norwegians. Norway is terrible.

Other News
2026-10-25

The UK's Office for Maritime Trade Operations reported that 28 vessels passed through the Strait of Hormuz in the past 72 hours with US assistance.

The UK's Office for Maritime Trade Operations reported that 28 vessels passed through the Strait of Hormuz in the past 72 hours with US assistance.
2026-10-25

Mercuria, one of the world's largest commodity traders, has sued the 282‑year‑old Baltic Exchange; the UK High Court will hear the case on Monday. The dispute centers on whether the Baltic should have continued publishing its flagship tanker route be

Mercuria, one of the world's largest commodity traders, has sued the 282‑year‑old Baltic Exchange; the UK High Court will hear the case on Monday. The dispute centers on whether the Baltic should have continued publishing its flagship tanker route benchmark TD3C for voyages via the Strait of Hormuz after US and Israel opened hostilities with Iran. Mercuria says voyages fell sharply and Iran declared a blockade, and argued the Baltic should have suspended TD3C; it initially alleged losses of "hundreds of millions of dollars" but amended its filing to drop monetary damages and now seeks declaratory relief that publications since early March are invalid. The Baltic Exchange says short‑term inactivity on a route is not uncommon, brokers continued to provide rates, and warns a Mercuria victory would have "chaotic market‑wide consequences" and could force the unwinding of hundreds of trades. TD3C underpins pricing and hedging for billions of dollars of freight derivatives.
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