Read the latest news from regional and global sources, presenting different voices and perspectives.
Japan scrambling to exempt their auto industry from Trump’s 25% tariff
Global Fleet
·
July 10, 2025
From 1 August, Japanese exports to the U.S. will be subject to a 25% tariff. That includes the country’s massive exports of cars and car parts. This is because of Japan’s “unfair” attitude towards American-manufactured cars, U.S. President Trump...
New tariff increases leave optical industry bracing for impact
Optometry Times
·
July 10, 2025
With letters having recently been sent from the White House to several US trading partners about tariff increases set to take effect on August 1, The Vision Council has noted “significant implications for the optical industry’s international...
Oil company interest in Libya increases
MEED
·
July 10, 2025
International companies are showing enthusiasm for Libyan oil and gas assets Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on...
Trump Announces 30% Tariffs on Imports from Iraq, Algeria, and Libya
Sada Elbalad
·
July 9, 2025
Wed 09 Jul 2025 | 10:54 PM Former U.S. President Donald Trump has announced the imposition of new tariffs ranging from 25% to 30% on imports from multiple countries, including a 30% tariff on goods from Iraq, Algeria, and Libya, set to take effect...
Donald Trump tariff letters: Sri Lanka, Iraq, Libya among 7 more countries hit with up to 30% duty
The Week
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US President Donald Trump on Wednesday announced seven more tariff letters sent to various nations, bringing the total tally of such letters to 21, so far. The nearly identical two-page letters signed by Trump were sent to leaders of Iraq, Libya,...
Greece to suspend asylum applications of migrants from Libya
Deutsche Welle
·
July 9, 2025
The Greek government announced on Wednesday that it would suspend the processing of asylum applications for migrants arriving to the country by sea from Libya. This measure is to last at least three months. This decision followed the arrival of...
bp and Shell to evaluate Libya oilfield redevelopment opportunities
Oil Review Middle East
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bp and Shell have signed agreements with Libya’s National Oil Corporation (NOC) to evaluate hydrocarbon redevelopment prospects in some of Libya’s major oilfields Under the MoU signed by bp, the company will evaluate redevelopment opportunities in...
Trump slaps new tariffs on Iraq, Libya, 5 other countries with a warning: ‘If you raise your tariffs…’
Mint
·
July 9, 2025
US President Donald J. Trump has sent formal letters to the heads of state of seven countries—Algeria, Brunei, Iraq, Libya, Moldova, Philippines, and Sri Lanka—announcing new tariffs on their exports to the United States starting August 1. The...
Russian roulette: Sabotage attacks create a new world order of risk for shipping and its mainstream owners
Tradewinds
·
July 9, 2025
A series of explosions on vessels calling at Russian ports has supercharged risk, but how can shipping price that in? An undated photo of the Samsung-built, 158,600-dwt tanker Vilamoura (built 2011), which was hit by a blast off Libya in June...
Start-up of production at a new oil well in Libya
Panapress
·
July 9, 2025
09 july 2025 - 14:00:57 BBA/WA 264 Views Panafrican News Agency Tripoli, Libya (PANA) - Libya's National Oil Company (NOC) has announced the completion of drilling and testing of horizontal well C357H-6 in the Zelten field, achieving excellent...
BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development
Libya Herald
·
July 9, 2025
Libya’s state National Oil Corporation (NOC) reported last Monday (7 July) that BP has confirmed its intention to resume its work in Libya and reopen its office in Tripoli during the last quarter of 2025. Its Tripoli office will manage its...
Trump Announces New Tariffs Of Up To 30% On 7 Countries Including Sri Lanka, Iraq And Algeria
News18
·
July 9, 2025
Last Updated:July 09, 2025, 22:27 IST The new round of letters brings the total number of countries targeted under the latest tariff push to 20. US President Donald Trump (Reuters file photo)US President Donald Trump announced a new wave of...
Libya kicks out EU migration delegation in diplomatic blow-up
EurActiv
·
July 8, 2025
A visit by the interior ministers of Italy, Greece, and Malta and the EU’s Migration Commissioner Magnus Brunner was abruptly scrapped upon arrival at Benghazi’s Benina airport, as Libya declared the delegation persona non grata. Tuesday's planned...
Timeline of the European Delegation’s Expulsion from Libya
To Vima
·
July 9, 2025
In a surprising and unprecedented diplomatic incident, Libyan authorities in Benghazi declared a European delegation—comprising EU Commissioner for Migration Magnus Brunner and the migration ministers of Greece, Italy, and Malta—persona non grata,...
Greece Mulls Tough New Measures Amid Libya Migration Surge
To Vima
·
July 9, 2025
The situation evokes memories of the 2015 migration crisis, when Greece became the primary entry point into the European Union. In response, the 2016 EU-Turkey deal was brokered in Brussels to reduce flows. Today, the government in Athens finds...
BP signs Libya oil deal
MEED
·
July 9, 2025
The UK-based oil company is reopening its office in Tripoli Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids,...
BP, Shell Ink Deals To Boost Libya's Oil Output
Journal of Petroleum Technology
·
July 9, 2025
BP will assess rehabilitation of Libya’s Sarir and Messla oil fields in the Sirte Basin which rank among Triopli’s largest hydrocarbon resources, while also evaluating unconventional asset development across the war-torn country that displaced...
Big Oil Is Back to Business in Libya
Oil Price
·
July 8, 2025
Libya’s National Oil Corporation (NOC) has signed agreements with supermajors BP and Shell to explore and evaluate the oil and gas potential of several fields in the African country, marking another step in Big Oil returning to doing business in...
Where do we go from here with Libya?
Kathimerini
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Turkish President Recep Tayyip Erdogan (right) shakes hands with Fayez al Sarraj, the head of Libya’s internationally recognized government, prior to talks in Istanbul, on December 15, 2019, after the two sides reached an agreement on the...
Oil Markets Brush Off the OPEC+ Production Push
Oil Price
·
July 8, 2025
Oil prices have remained elevated at the start of this week despite expectations that OPEC+ will approve another big production boost for September. - Diesel was widely expected to be the main refined products underperformer this year but, defying...