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MARITIME LOGISTICS DISRUPTIONS
India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruptionThe government has extended the RoDTEP scheme for exporters until December 31, 2026, while raising insurance risk coverage to 95% for eligi...- Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risksThe Department of Commerce announced an extension of timelines under Component II of RELIEF - Resilience & Logistics Intervention for Expor...
- Putin sees ‘very big potential’ in India ties, backs joint use of global trade corridorsVladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. H...
- 'Busan Agreement' explained: What the US-China trade truce means for world tradeUS Treasury Secretary Scott Bessent announced the extension of the Busan Agreement until January 10, 2027. This extension allows both sides...
- India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
- Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
- BRICS Summit 2026: Putin slams West's 'ugly' economic warfare, claims BRICS bloc has left G7 behindRussian President Vladimir Putin stated BRICS nations now lead global economic growth. Western competitors are attempting to regain their f...
- Middle East tensions: Travel plans face fresh risks as Iran conflict persistsInternational SOS urged travelers to monitor Middle East developments closely. Saudi oil infrastructure was targeted, and Houthis seized Re...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Putin pitches NDB investment platform to deepen BRICS trade, technology tiesRussian President Vladimir Putin proposed an NDB-based investment platform to fund trade, infrastructure, logistics and technology projects...
- Iranian arms and advice helped Yemen's Houthis seize key Red Sea city, sources sayIran's Revolutionary Guards are currently mentoring Houthi forces along Yemen's Red Sea coastline, reinforcing their strategic control over...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- 'Decide something on Monday, revoke it on Wednesday...': Belgian PM takes veiled dig at Trump's tariff, trade policiesBelgian Prime Minister Bart De Wever criticized arbitrary tariffs and shifting trade policies. He stressed the need for open markets and st...
- US diesel prices hit a record high, pushing up transportation costs for a long list of goodsDiesel prices soared to unprecedented levels in the United States on Friday, primarily due to the six-month conflict involving Iran. This r...
- US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
- PM Modi at SCO: Shun double standards on terror, choose dialogue & diplomacy to resolve conflictsIn a powerful address, Prime Minister Modi called on the SCO to take a firm stand against nations that leverage terrorism for state agenda....
- What PM Modi said at SCO Summit: 10 key action points on terrorism, connectivity, peacePrime Minister Modi proposed ten actions for SCO cooperation. He urged a unified approach to combat terrorism and its financing. Reliable a...
- India urges global cooperation to safeguard sea lanes for food, fuel at UNSCIndia called for global cooperation to safeguard critical sea lanes for essential goods. Secure maritime routes are indispensable for unint...
- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- India opens ports, airports to foreign-bound cargo impacted by Strait of Hormuz disruptionsIndia's ports will temporarily accept foreign-bound cargo diverted from the Strait of Hormuz. Under this measure, unloading, storage, and t...
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