The conflict in the Middle East has forced China, India, and other Asian countries to increase coal consumption. The region is building up capacity for energy security.
Philippine authorities are negotiating with major fertilizer exporters due to a 40% price increase. A potential shortage threatens rice harvests and banana exports.
Washington will allow foreign companies to operate in Venezuela due to oil shortages and the war. Experts predict only a gradual increase in production.
Sinopec and PetroChina are looking for cargoes from Russia due to shortage risks and favorable prices. Russian oil is cheaper than its counterparts from Brazil and West Africa.
Six Ukrainians were detained in India due to the lack of permits to enter Mizoram state. The embassy demands access to the citizens and their release.
The head of the IMO stated that it is impossible to fully protect tankers from Iranian attacks. Due to the closure of the strait, the price of Brent oil exceeded 100 dollars per barrel.
The price of a barrel of Urals in Indian ports reached $98. 93 after the US allowed the purchase of crude oil at sea. The discount on Russian oil fell to a minimum.
The US has eased restrictions on Russian oil to stabilize the market until April 11. Donald Trump promises to reinstate sanctions after the crisis in Iran is over.
Near the village of Shahid Lakhan, a bus plunged 150 meters into a ravine. Seven people died and nine others sustained injuries of varying severity in the accident.
Two Indian-flagged vessels successfully crossed the strategically important strait. The tankers Shivalik and Nanda Devi are transporting liquefied gas to the country.
The Tibetan government-in-exile is monitoring the risks of escalation in Iran. Penpa Tsering believes this could distract the US and give China an advantage in the region.
The Russian Federation is increasing the number of vessels under its flag due to the detention of tankers in the West. This creates conditions for sabotage and reconnaissance in the Baltic region.
An American submarine destroyed the frigate IRIS Dena off the coast of Sri Lanka, killing 80 sailors. The incident created diplomatic pressure on Indian Prime Minister Narendra Modi.
The escalation in the Middle East has brought Russia up to $1. 9 billion in 12 days. India and China are massively increasing their purchases of Russian raw materials in Asia.
Chris Wright stated the focus is on destroying Iran's military potential. The US will not ease sanctions against Russia and will abandon its uranium.
US senators accuse Trump of violating the law by allowing India to buy Russian oil. The Treasury Department calls it a temporary measure for the energy market.
A large-scale oil refinery will be built in Texas in cooperation with the Indian company Reliance. The project will create thousands of jobs and strengthen the energy sector.
The US is easing restrictions on Russian oil trade due to the crisis in the Persian Gulf. This will give Russia additional funds to finance the war in Ukraine.
Trump discussed with Putin the lifting of sanctions to lower oil prices. The G7 is ready to use strategic reserves due to the rise in barrel prices to $120.
The jump in oil prices above $100 has become a lifeline for the Russian budget. Experts believe this will help the Kremlin postpone difficult decisions.
The Trump administration allowed India to buy Russian oil at sea due to rising prices. Valdis Dombrovskis stated that this decision is time-limited.
The Greek vessel Shenlong successfully navigated the dangerous strait despite the threat of Iranian attacks. Most operators still refuse to sail in the region.
Russia's share of the global arms market has shrunk to 6. 8 percent due to isolation. Germany has surpassed China and Russia in terms of international deliveries.
104 sailors died as a result of a US submarine torpedo attack near Sri Lanka. The frigate was returning from exercises when it was sunk in neutral waters.
UNN has prepared a selection of films about women's courage and self-realization. The plots cover the journey from working at NASA to fighting for environmental justice.
The end of winter and the beginning of spring is traditionally the period when grain reserves from the previous season decrease, and the new harvest is still far away, which cannot but affect the price of cereals. But experts assure: Ukraine is not threatened by a buckwheat shortage, and prices will not "jump" if consumers do not fall for informational provocations and do not create a stir.
The US Treasury Department has issued a license allowing Indian companies to purchase Russian oil at sea. This is an emergency measure to compensate for fuel shortages due to the closure of the Strait of Hormuz.
German Uniper is negotiating with Canada to increase LNG purchases to diversify energy supplies. This will help Germany reduce its dependence on energy resources from the United States.
India and China are increasing their interest in Russian oil due to concerns about supplies from the Middle East. Prices for Russian Urals oil remain stable despite growing demand.
India has launched a program to involve space startups in creating guardian satellites that will protect national space assets. This is a response to incidents during the conflict with Pakistan and the approach of a foreign spacecraft to an Indian satellite.