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OVERLAND OIL ROUTE
Iraq turns to trucks to export oil in overland Syrian route revivalIraq has revived an overland oil export route through Syria to bypass disruptions in the Strait of Hormuz caused by the Iran war. Qatari en...- Trump's Iran war may be 'militarily' over, but economic siege still hauntsTrump said on November 10 that the war is "effectively" over militarily. A day after a keenly-watched meeting with Qatar's Prime Minister, ...
- ‘Ocean freight rates will come down eventually, we have seen this before’: DP World COOGlobal ocean freight rates are predicted to decrease after a surge due to logistical disruptions from the US-Iran conflict. DP World rerout...
- Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...
- The Other Hormuz: Black Sea blockade threatens a food supply shockCombined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September har...
- From mountain fighters to Red Sea power: How the Houthis rose to control Bab el-MandebYemen's Houthi group now controls the vital Bab el-Mandeb Strait. This group evolved into a formidable fighting force with Iranian support....
- Russia to India via train? Moscow floats ambitious railway route, says link "should be explored"India-Russia Rail Link: Russia is investigating innovative overland rail routes to connect with India, seeking to lessen reliance on mariti...
- Ships continue Red Sea transit despite attacks and Houthi blockade: ReportDozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and exe...
- Gulf states seen splurging on debt to build new Hormuz bypassesPersian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Ho...
- US strikes Iran and Bahrain warns of incoming fire as clashes over shipping routes escalateBahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...
- Iran overplaying its hand on Hormuz? A new game has just begun in West Asia oil sceneAs nations surrounding Iran pour billions into new pipeline networks, the significance of the Strait of Hormuz as an oil transit route is r...
- Middle East war disrupts pharma air routes, risks cancer drugs supplyThe ongoing conflict in the Middle East is wreaking havoc on crucial medical supply chains to the Gulf region. Life-saving medications that...
- Don't slip up on oil payment imbalanceTo address the trade imbalance from India's Ural crude purchases, they consider local currency, yuan, and cross-border investments. Western...
- China could project military power from Pakistan's Gwadar portThe most commonly cited motive has to do with energy security, that is, as insurance against a blockade of the Strait of Malacca, a crucial...
- Russian oil price cap, a pointless gestureThe G7 price cap on Russian oil exports has pushed up benchmark crude prices marginally. This is being aided by a decision by the Organisat...
- Saudi expecting tens of thousands of World Cup fans: MinisterWith prices high and accommodation options limited in Doha, Qatar's Gulf neighbours are expected to soak up an overflow of fans, organising...
- Saudi Arabia joins One Belt China corridor, announces $10 billion project in PakistanPakistan wants to attract investment and other financial support to tackle a soaring current account deficit caused partly by rising oil pr...
- India's Chabahar port plan is to counter China's plan to develop Gwadar port: MediaChabahar port, located in the Sistan-Balochistan Province on the energy-rich Persian Gulf nation's southern coast, lies outside the Persian...
- India, China should jointly bid for oil, gas fields: Beijing mediaChina and India "can jointly bid for contracts to acquire and develop overseas oil and gas resources," an article in the state-run Global T...
- India hesitant to implement US, EU sanctions on Iran: ReportApparently perceiving international sentiment for tightening sanctions on Iran, India has been reducing its dependence on Iranian oil, CRS ...
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