Russia’s oil trade starting to show signs of clogging up
Across the world, there are increasing signs that the smooth flow of Russian petroleum is starting to get snarled.
Traders marshal a fleet of supertankers to haul US oil to Europe
Europe is set to import a record amount of American crude this month, relying increasingly on larger tankers as sanctions on Russian oil upend global…
Japan trade deficit narrows sharply from record as imports slow
Japan’s trade deficit narrowed sharply in February from the previous month’s record shortfall, as the impact from the lunar new year in China reversed, slowing…
Chevron asks Venezuela to dredge lake to double its oil exports
Chevron Corp. is urging Venezuela to clean up Lake Maracaibo in the hope of almost doubling the amount of oil that can be loaded on…
Heathrow border a ‘hotbed’ for illegal vaping imports, as over 850,000 seized
Data leads industry calling for a stronger crackdown and tighter restrictions, as the number of illegal vapes seized is similar to the ‘illicit cigarettes trade’...
India posts smallest trade gap in 13 months as imports fall
India’s goods trade deficit narrowed to a 13-month low in February as imports declined amid a demand slowdown in the economy.
DP World looks to develop warehousing at UK’s Southampton Port
DP World Ltd. is looking to expand operations at the UK’s Port of Southampton by developing warehouse space to meet the growing demand from companies…
Airlines seek $744 million of Forex stuck in Nigeria
Nigeria is blocking foreign airlines from repatriating at least $744 million as its central bank rations dollars, Lagos-based Punch newspaper reported, citing a letter written…
Ships loaded with Russian oil float for months near Persian Gulf
Oil tankers that carried Russia’s flagship Urals crude to the Gulf of Oman have stayed put since they arrived, the latest example of abnormal shipping…
Ukraine latest: Poland may transfer MiG29 jets in coming weeks
Poland may send its Soviet-era MiG-29 jets to Ukraine in four to six weeks, Prime Minister Mateusz Morawiecki said at a news conference in Warsaw…
Get the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
