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WAR RISK SURCHARGES
Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...- Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
- Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
- No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
- US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
- If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
- US oil reserves dropping sharply? Global oil prices swing as war disrupts supply and demandUS oil reserves dropping sharply? Global oil markets face volatility as Brent and WTI crude move after a four-year high. Strategic Petroleu...
- Basmati rice exporters urge govt action on shipping charges amid West Asia crisisBasmati rice exporters face crippling shipping charges. War-risk surcharges are soaring, sometimes reaching 70 percent of cargo value. Ship...
- From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
- Ceasefire fails to ease pressure on chemical exporters; 50% trade still at riskIndia's chemical exporters are struggling despite a ceasefire. Supply chains remain disrupted, and costs are high. Shipping through the Gul...
- JPMorgan CEO Jamie Dimon: Iran war could reignite inflation and keep Fed rates higher for longerJPMorgan CEO Jamie Dimon warned that the war in Iran could trigger oil and commodity price shocks, leading to persistent inflation and high...
- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- Iran war starts pinching US; gas prices, transport costs surgeThe war against Iran is impacting Americans through rising fuel costs, leading to surcharges from Amazon and airlines. Petrol prices have s...
- Manmade fibre exporters flag concerns arising from West Asia conflictRising crude oil prices due to the West Asian conflict are significantly increasing the cost of manmade fibre raw materials. This is creati...
- Big jolt for Indian exporters as shipping rates up 40% on higher fuel & insurance costs amid Iran warAs the winds of global trade shift, Indian exporters are grappling with soaring shipping expenses. The cost of container transport is skyro...
- A distant war, a direct hit: India’s trade arteries choke as Gulf shipping descends into chaosShipping lines divert vessels, insurance premiums surge, and new surcharges emerge as tensions in West Asia disrupt key trade route through...
- FFFAI writes to govt against shipping lines imposing war risk surcharges amid Israel-Iran conflictIndian freight forwarders are facing significant financial strain as shipping lines are imposing war risk surcharges on cargo. These charge...
- Exporters, freight forwarders seek government help as war surcharges on cargo surgeAmid escalating geopolitical tensions, Indian exporters and freight forwarders are appealing for government support. Shipping lines worldwi...
- Exporters, shipping cos clash over war surchargeIndian fruit and vegetable exporters face a crisis. Shipping lines are imposing hefty war-risk surcharges, even on cargo already at sea. Th...
- Emergency Conflict Surcharge ups shipping costs for tradersShipping costs are increasing as carriers implement an Emergency Conflict Surcharge. This charge applies to cargo passing through the Strai...
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