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SEABORNE TRANSPORTATION
UK allows diesel and jet fuel imports from Russian crude via sanctions carve-outBritain will allow imports of diesel and jet fuel refined in other countries from Russian crude oil, creating a sanctions exemption aimed a...- Petrol, Diesel prices increased by 90 paise per litre after 3-rupee hike. Check fuel rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel prices today: Fuel prices have seen another surge, with petrol and diesel rates increasing by approximately 90 paise per lit...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- With Chabahar Port in limbo, can India still reach Central Asia and Russia?India's crucial trade route to Russia and Central Asia is at a critical juncture. US sanctions on Iran's Chabahar port create uncertainty f...
- What is really driving copper futures to record highs? Copper prices just broke every record as AI data center boom fuels global supply crunchCopper prices are soaring aggressively in 2026 as copper futures smash record highs above $14,000 per ton and COMEX copper crosses $6.50 pe...
- Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
- Iran juggles oil cuts and storage strain to resist US blockadeTightened US naval restrictions in the Strait of Hormuz have sharply reduced Iran’s oil exports, forcing the country to cut production as s...
- California oil and jet fuel supply crisis: why are prices hitting $15 jet fuel and $5.85 gas as capacity and supply plunge—how soon can recovery happen?California oil and jet fuel supply crisis is intensifying fast. Jet fuel prices have surged near $15 per gallon. Gasoline has climbed to $5...
- Shadow of Hormuz: Why is the Gulf crisis turning all eyes to Malacca StraitThe Strait of Malacca, a vital global trade artery, faces increased scrutiny following disruptions elsewhere. This busy waterway connects E...
- Iran war pushes Asia to think twice before doubling down on LNGA Middle East conflict has disrupted global liquefied natural gas supply. This has caused prices to surge, impacting Asian nations heavily ...
- UN warns of higher food prices, cost-of-living if Strait of Hormuz shutsGlobal trade faces major risks as the United Nations warns of soaring food prices and living costs. Military actions in West Asia have disr...
- 'India eyes a third of global seaborne trade by 2047': Sarbananda SonowalIndia is set to significantly boost its maritime presence. The nation plans to handle one-third of global seaborne trade by 2047. This ambi...
- China's crude oil imports highest since August 2023 on Iranian surgeChina's crude oil imports surged in March, reaching 12.1 million barrels per day, a nearly 5% increase year-over-year. This rise was fueled...
- Indian refiners using Russian insurance for oil above $60/bbl, govt source saysIndian refiners are using Russian insurance for oil cargoes priced above $60 per barrel, bypassing the G7 price cap. Russian firms insured ...
- India imports USD 2.8 billion worth of crude oil from Russia in JulyIndia purchased $2.8 billion worth of crude oil from Russia in July, making it the second-largest buyer after China. Russia became India's ...
- Indian, Russian companies sign pact on seaborne transportation"The parties have plans to organize direct marine services from Mundra and Nhava Sheva ports to Novorossiysk and St. Petersburg ports and i...
- Indian demand for Urals crude keeps Russia's exports upIn March, India's purchases of Urals oil accounted for more than 65% of total seaborne exports of Urals, Refinitiv data showed. Traders sai...
- Exclusive-Russian oil sold to India below price cap in buyers' marketAlso on Dec. 5, the Group of Seven leading economies implemented a $60 price cap on Russian seaborne oil to try to limit Moscow's ability t...
- Coal to remain dominant fuel for India's power sector: ReportIndia is facing growing pressure to reduce its emissions profile and diversify its coal-heavy power mix to incorporate cleaner sources.
- India re-elected to the IMO CouncilIndia ranks amongst the top 20 ship-owning countries of the world, in terms of gross tonnage [GT], as well as deadweight tonnage.
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