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Finance & Markets

Race is on in North Carolina to Restore Critical Peatland Before it is Gone

The birds are up with the sunrise — warblers, flycatchers, sparrows and towhees calling across the treetops. Deer browse on tender buds emerging from dense shrubs. Black bears scrounge for roots, insects and other edibles. It’s an idyllic setting in …

Race is on in North Carolina to Restore Critical Peatland Before it is Gone

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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Record Freight Costs Squeeze Russia's Black Sea Crude Exports

Heightened shipping threats from Ukrainian attacks and a shortage of tankers have pushed the freight costs for Russia’s crude oil exports from the Black Sea to record highs.

  • Record freight costs hit historic peaks for Russia's Black Sea crude exports.
  • Ukrainian attacks and tanker scarcity driving up tanker rates for Aframax ships.
  • Shipping costs to India and China now $23.20 and $25.70 per barrel, respectively.

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