Source link Sidelining the country’s supplies could harm global energy markets, Rafael Grossi has warned There’s no quick way to shift away from Russian nuclear fuel, while severing ties too soon would harm global energy markets, Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), warned on Thursday. Grossi was speaking at a […]
Source link Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes The cost of shipping fuel by sea has in some cases soared above $100,000 a day due to continued disruptions in the Suez Canal and Red Sea caused by attacks by the Houthi rebels, Bloomberg […]
Source link The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator […]
Source link Cuba will end state subsidies to tackle the economic crisis it blames on the US embargo The Cuban government will hike gasoline and diesel prices on the island by 500% effective February 1, as part of a set of measures aimed at reducing the country’s large budget deficit. Fuel in Cuba has been […]
Source link US spies question China’s ability to fight a war due to alleged corruption in the military, the agency reported US intelligence believes the sacking of several high-ranking Chinese militarily figures before New Year was linked to widespread corruption in the People’s Liberation Army (PLA), Bloomberg has reported, citing people familiar with the assessments. […]
Source link More than 176,000 tons of liquefied petroleum gas have been supplied to Afghanistan this year Afghanistan has doubled imports of Russian liquefied petroleum gas (LPG) since the beginning of the year, as Moscow diversifies its energy flows from the EU to new markets, Reuters reported this week. Russia supplied over 176,000 tons of […]
Source link Russian fuel exports rebounded in November following the easing of export restrictions and the end of the refinery maintenance season, Bloomberg reported this week, citing ship-tracking data from Vortexa. Shipments of refined fuel surged to 2.2 million barrels per day (bpd) last month, rising by about 164,000 bpd compared to October, when supplies […]
Source link The EU has stepped up imports of nuclear fuel and services from Russia over the past two years despite sanctions and export curbs targeting the country in connection with the Ukraine conflict, Reuters reported on Friday, citing the Euratom Supply Agency. According to the report, the bloc continues to rely on supplies from […]