Bloomberg Russia’s average daily oil output in May fell below its Opec+ target for the first time this year after buyers refused to take exports via Druzhba, the nation’s key pipeline to Europe, because of contamination. The country produced just more than 47 million ton-nes of crude oil and condensate in May, according to preliminary data from the Energy Ministry’s ...

Dubai / WAM Emirates’ first scheduled A380 services have touched down in Boston and Amman, in response to the increased demand for travel during the peak summer period. Led by the Captain, Arif Al Reyami, and Jordanian First Officer, Laith Saudi, the A380 Amman service was greeted by a traditional water cannon salute. Set in a three-class configuration, the Emirates ...

Bloomberg President Donald Trump claims China is paying his tariffs; furniture salesman Mack Yuan in the east-coast commercial heartland of Zhejiang begs to differ. “We don’t pay any tariffs,” says Yuan, whose company Dakang Holdings Co sells about half its products to the US, including to Walmart Inc and Costco Wholesale Corp. The impact of Trump’s tariff hike on $200 ...