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Incidents
Typhoon Dolphin Triggers Flooding in Central China as Beijing Braces for Heavy Rain
K2Cargo.News previously reported on Typhoon Dolphin approaching China and the risks it posed to the country's eastern regions. Those forecasts are now being confirmed, with heavy rains causing flooding, disrupting infrastructure and prompting authorities...
Incidents
Rescue Operations Continue in Colombia as Earthquake Death Toll Rises
On the morning of August 10, a magnitude 7.4 earthquake struck western Colombia. The disaster hit the country's coffee-growing region, causing widespread destruction in Cali, Pereira and Manizales. According to the latest reports, at...
Global Affairs
US Sells Two Sanctioned Oil Tankers Seized After Venezuela Raid for Scrap
The US government has sold two sanctioned oil tankers for scrap after they were seized during an operation by Washington in Venezuela. The buyer is Dubai-based Global Marketing Systems (GMS), a company specializing in...
Incidents
Oil Spill Off Oman Spreads Across 400 Square Kilometers
Spill Occurs Near a Nature Reserve
The damaged vessel is located approximately seven kilometers from the coast. The oil slick is spreading northeast of the Hallaniyat Islands, an area that forms part of a protected...
Global Affairs
U.S. Saudi Oil Imports Hit Zero for First Time Since 1985 as Diesel Reaches $5.37 and SPR Falls to 42.7%
U.S. Saudi Crude Imports Fell to Zero
The United States imported no Saudi crude oil in July 2026, according to preliminary U.S. government data cited by Bloomberg. It was the first full month without Saudi...
International trade
U.S. Ranks Second Among Global Goods Suppliers, Serving as Top Import Source for 33 Countries
China Is the Leading Supplier to 100 Countries and Territories
A map of global trade relationships based on 2024 data illustrates the extraordinary reach of China’s manufacturing economy.
China was the largest source of imported goods...
Business
SpaceX Revenue Nearly Doubles to $7.8 Billion as Starlink Reaches 12 Million Users
SpaceX Revenue Jumps 92%
SpaceX delivered significantly stronger revenue growth than Wall Street expected in its first quarterly results since becoming a publicly traded company.
For the second quarter of 2026 ended June 30, revenue reached...
Business
Armenia Says EU and EAEU Membership Cannot Coexist as 2026 EV Quota Rises to 20,000
Pashinyan Says Dual EU-EAEU Membership Is Impossible
Armenia has given one of its clearest statements yet on the choice it could eventually face between two economic integration systems.
Speaking on August 7 at an expanded meeting...