Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacksOil prices climbed over one hundred dollars per barrel on Thursday amid escalating attacks on shipping lanes. The surge was driven by fears...
Oil surges 5%, Brent and US crude both over $100 on more tanker attacksOil prices jumped 5% to above $100 a barrel as escalating US-Iran fighting and attacks on tankers raised fears of wider supply disruptions....
25 dead after cargo ship catches fire in China's port, state media saysTwenty-five people died after a cargo ship caught fire while docked for repairs. The Ocean Melody vessel, sailing under a Liberian flag, ex...
EU countries to seek import curbs on chemicals, plastics, sources sayEuropean governments plan to use trade safeguards against surging imports. France, Italy, and Germany will request broad import quotas soon...
Xi Jinping's India visit to help diplomatic thaw, but business ties bound by suspicionXi Jinping’s India visit could signal a diplomatic thaw between India and China, but business ties remain stuck in a maze of investment cur...
Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
Port of LA hits three-month record as Cargo peak stretches onThe Port of Los Angeles experienced its busiest three-month period on record, driven by an extended peak season. Importers are navigating g...
India's new supply-chain wonder is set to shift the gears of growthThe operationalization of India’s freight corridors marks a transformative step for the nation’s logistics landscape, strategically positio...
Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
Nepal jolted by 5.0-magnitude earthquake days after devastating flash floodsNepal was jolted by a 5.0-magnitude earthquake late Tuesday, the National Center for Seismology said, with the tremor occurring at a depth ...
Western Freight Corridor to cut logistics cost to 7 pc; help India compete with China: FadnavisMaharashtra Chief Minister Devendra Fadnavis said the completed Western Dedicated Freight Corridor could bring India’s logistics costs down...
Why isn't oil above $100 despite supply disruptions?Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf expo...
Summer of Summitry: India’s Global South credentials get a new testIndia's SCO participation signaled opposition to the US-Israel war on Iran. This move aimed to burnish global south credentials and protect...
At flood-destroyed China-Nepal border, no sign of a once-busy portRescue workers search for hundreds missing after a glacier collapse caused a devastating mudslide. The Gyirong border crossing, a key trade...
Families of missing pilgrims in Tibet demand answers from ChinaA devastating mudslide in Tibet and Nepal has killed over 1,300 people. Thousands remain missing, including many foreign nationals on pilgr...
Maldives awards contract for Phase 1 of Thilafushi Port to a Chinese companyThe Maldives has abandoned its port development agreement with India. A new memorandum was signed with a Chinese company for the Thilafushi...
Nepal’s flood disaster is bigger than the climate blame gameNepal seeks climate justice and compensation from industrial emitters for a recent disaster. Scientific analysis suggests the event was pri...