War dims global business outlook as inflation plight worsens

Factories from Australia to Europe are seeing already surging costs jump further as Russia’s war in Ukraine and the barrage of sanctions rolled out in response roil commodity markets and trade.

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Biden-EU energy pact: LNG shipping game changer or wartime hype?

The U.S. government doesn’t control where cargoes of LNG are shipped — that’s decided by private companies. Nonetheless, the Biden administration and the EU announced a high-profile plan Friday to steer more U.S. LNG exports to Europe and partially replace pipeline gas from Russia.

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US eases tariffs on UK steel and aluminum 

The United States reached a deal with the United Kingdom to partially lift tariffs on steel and aluminum exports from the U.K. beginning June 1, the two countries announced Tuesday.

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