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SHIPPING COSTS INCREASE
Global container freight prices surge 130% since February amid Middle East tensions: JefferiesGlobal container freight rates have surged by 130 percent since February 2026 due to Middle East tensions. India's container-based export-i...- Heating bills may rise 21% for some US homes, while others could pay less. Who will feel the heat this winter?American households dependent on heating oil are in for a tough financial season, as the U.S. Energy Information Administration forecasts a...
- The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...
- DP World eyes $5 bn India investment, warns West Asia crisis is rewiring global tradeDP World is ready to increase its investment in India between USD 3 billion and USD 5 billion in the coming years. The company urges for fa...
- Not-so smooth ride: Auto industry faces cost squeeze as steel, freight prices surge, more hikes likelyThe Indian automobile industry is currently grappling with rising input and freight costs due to geopolitical uncertainties. Prices of key ...
- US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
- Trump's shadow fleet loophole: Easing US sanctions on oil tankers may not lower fuel costsIn an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...
- Zoho’s Vembu refuses to lay off people even as AI squeezes SaaS companiesThe cofounder and chief scientist of the SaaS firm said Zoho retrains people to deploy on new products or helping customers better, when AI...
- Oil Price Today (October 15): Crude oil dips to $105 despite rising Middle East tensions. Here’s whyBrent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1...
- Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...
- Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data showsAt least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday whi...
- Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
- US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections nearU.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose ...
- More expensive gas, semiconductors likely pushed up inflation in US last monthInflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors su...
- Iran shifting tactics to step up attacks on shipping before US vote: OfficialsIran has begun using new offensive tactics against vessels in the Strait of Hormuz and nearby waters. This strategy aims to limit oil shipp...
- Iran-US War to escalate before US midterm elections in November? Experts claim Tehran's new tactics to control Strait of HormuzIran-US War: US President Donald Trump has been weighing next steps against Iran, but has said he will not attack again before the vote. Th...
- Volvo Cars plans to raise India prices as rising input, logistics costs hit automakersVolvo Cars India is facing significant challenges from rising input and logistics costs, which may lead to price increases. The company's M...
- Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
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