Tag: Trade
After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought.
On a...
The two countries have developed a relationship amid the geopolitical storm. India's investment in Russian hydrocarbons is a win-win situation, providing India with energy security and giving Russia a stable market, promoting technology transfer.
Iran’s saffron, also called 'desert gold’ supplies, are running dry, which producers and traders say is due to shifting weather patterns and water scarcity.
Due to a bad crop...
Russia will begin year-round LNG shipments via the Arctic route of the NSR, a transit route spanning the entire length of Russia's Far East and Arctic territories within its exclusive economic zone.
According to Bloomberg, Italy has officially exited China's Silk Road Initiative, which, according to Foreign Minister Antonio Tajani, is because BRI has not produced the desired effects.
China has...
According to a Reuters investigation, Venezuela's secret weapon might be a "dark fleet" of oil tankers. The country's national oil company, PDVSA, had reportedly leased 41 tankers in 2022.
The 'Arctic Silk Road' has come alive as Bloomberg ship-tracking data shows that Russia has sent the first LNG tanker, Fedor Litke, to Asia this year.
This year, Russia shipped its first liquefied natural...
Pakistan's Federal Minister of Energy, Khurram Dastagir, Minister for Maritime Affairs, Faisal Subzwari, and Consul General of Russia, H. E. Andrey Viktorovich Fedorov, welcomed the first direct cargo ship from Russia.
On May 25,...
Camille Colonna, an anthropologist at France's National Institute of Preventive Archaeological Research (INRAP), announced at a press conference that an ancient necropolis from 2,000 years ago has been unearthed next to a Paris train station.
In 2019, the European Union took India to the WTO, alleging that India had imposed tariffs on certain products that exceeded what had been agreed to at the international level. Recently, a WTO panel ruled that India has violated global trade agreements.
