PARIS (Reuters) – Russia is responsible for a major global food supply crisis, the European Union’s foreign policy chief, Josep Borrell, said on Thursday, some days after the Kremlin announced it would suspend an agreement for Ukrainian grain exports through the Black Sea. “What we already know is that this…

Investing.com — Crude oil prices edged higher Thursday, rebounding after recent losses, but the tone remains cautious following a lower-than-expected drop in U.S. crude inventories and a sluggish Chinese demand outlook. By 09:00 ET (13.00 GMT), the futures traded 0.6% higher at $75.71 a barrel, while the contract climbed 0.4%…

By Leah Douglas WASHINGTON (Reuters) – Cell-cultivated meat companies could receive new investment since U.S. regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional meat, said investors and major food companies. Several startups have developed the technology to grow…

By Timothy Gardner WASHINGTON (Reuters) -A group of nearly 150 environmental justice groups urged the Biden administration on Wednesday to abandon talks with global energy companies on standards for “certified” , a form of the fuel that producers market as climate friendly, but critics say undermines the transition from fossil…

By Michael Hogan HAMBURG (Reuters) – Major grain importers in the Middle East and North Africa have reacted calmly to the end of the safe shipping corridor for Ukraine’s exports through the Black Sea this week, European commodity traders said on Thursday. “There has not been panic buying by importers…

BEIJING (Reuters) – China and the United States agreed to maintain close communications after climate envoys from both countries met in Beijing, China’s environment ministry said on Thursday. China’s climate envoy Xie Zhenhua and his U.S. counterpart John Kerry discussed policy measures and progress on actions both countries have taken…

By Viktoria Lakezina and Vitalii Hnidyi MYKOLAIV/NEAR KUPIANSK, Ukraine (Reuters) -Russia jolted world grain markets with an escalation in the Black Sea, mounting a third straight night of air strikes on Ukrainian ports and issuing a threat against Ukraine-bound vessels to which Kyiv responded in kind. At least 27 civilians…

By Laura Sanicola (Reuters) -Oil prices settled slightly higher on Thursday on lower inventories and strong crude imports by China, but a weaker demand outlook kept investors cautious. September Brent futures climbed 18 cents, or 0.2%, to settle at $79.64 a barrel. August U.S. West Texas Intermediate (WTI) crude gained…

Investing.com — Down one day and up the next: The yo-yo trade in oil continues as Saudi production cut pledges are being mitigated by weak gasoline demand in the United States — despite the advent of summer travel, which typically sees a surge in fuel consumption. New York-based West Texas…

OTTAWA (Reuters) -The Canadian government is relieved that dock workers in the Pacific province of British Columbia have lifted their strike notice, Transport Minister Omar Alghabra said on Thursday. The dock worker’s union said late on Wednesday that it had lifted a strike notice issued for Saturday. It acted after…