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With an eye on Trump, refiners tout clean fuel rule as US win

Bloomberg US oil refiners, in line for a windfall from new ship-fuel rules, are taking steps to lock in the change quickly, concerned it could fall victim to President Donald Trump’s re-election push. Under the new rules, many shippers will switch to low-sulfur fuels, boosting competition and, potentially, increasing the price of diesel, jet fuel and heating oil. The US ...

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Kim getting ready for first summit with Russia’s Putin

Bloomberg Russia is preparing for North Korean leader Kim Jong-un’s first summit with President Vladimir Putin, setting the stage for consultations between the long-time allies after Kim’s nuclear talks with the US broke down. Russian officials told a South Korean diplomatic delegation visiting Moscow this week that plans were being made for a summit but offered no details on a ...

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Standoff in Sudan amid calls for army rulers to cede power

Bloomberg Pressure mounted on Sudan’s military rulers to cede power as the African Union echoed protesters’ calls for a swift handover to a civilian government in the wake of long-time leader Omar al-Bashir’s ouster. Demonstrators kept up their carnival-like sit-in outside army headquarters in Khartoum, the capital, for an 11th day, despite an apparent bid to disperse them. The Sudanese ...

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