dependence

Trucks

EU aims to cut dependence on US soya, oilseed imports

A combine harvester during soybean harvest outside St. Peter, Minn. (Ben Brewer/Bloomberg) July 7, 2026 11:17 am, EDT key takeaways: The European Commission on July 7 set a target of sourcing 35% of animal feed protein crops domestically by 2035, up from 25% last year. The move aims to reduce reliance on imports from the

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Trucks

UAE takes steps to reduce dependence on Strait of Hormuz to ‘zero’

Commercial and residential buildings on the beach in Abu Dhabi, United Arab Emirates. (Vidya Chandramohan/Bloomberg) June 17, 2026 1:21 pm, EDT key takeaways: The UAE unveiled plans to eliminate dependence on the Strait of Hormuz by expanding eastern ports, pipelines and transportation links as shipping has been disrupted by regional tensions. The effort reflects the

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