#shipping-costs
Price Tag For Oil Tanker Shipments Soars To Record High As War Grips Middle East
The cost of moving oil around the world is exploding as the Iran war forces tankers onto longer routes.
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headache
In the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia is inflating the cost of coking coal imports, intensifying the financial strain. Yet, domestic production is holding its…
India plans stronger exporter support as Middle East crisis strains trade flows
India's government is poised to enhance its export tax refund initiative, a strategic move aimed at bolstering its international trade amidst ongoing geopolitical tensions and high shipping expenses. By extending the program for another five years and increas…