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Indian envoy Kumar said the two leaders discussed the full range of bilateral relations on the sidelines of the BRICS summit in New Delhi on September 12-13
Russia’s grain industry is looking to increasingly niche solutions for shipping wheat as attacks in the Black Sea continue to choke off exports from the world’s biggest supplier.
Francisco Blanch, Bank of America Commodities and Derivates Research Global Head, discusses energy markets and the volatile context around oil inventories as conflicts in the Middle East and Russia's invasion of Ukraine continue. "We've been living a little bit on borrowed time," Blanch tells Bloomberg Television. He adds crude oil could face a crunch point in "maybe four, five months." (Source: Bloomberg)
Moscow dispatches its inaugural diesel shipment to the US, aiming to ease fuel shortages as midterm elections loom.
A tanker loaded with Russian diesel will sail for the US on Thursday as Moscow starts to implement a fuel supply deal struck by Vladimir Putin and Donald Trump, according to Deputy Prime Minister Alexander Novak.
Reliance is central to Washington’s efforts to punish Russian energy buyers and contain oil prices amid the war on Iran.
Egypt's president and foreign minister met Russia's BRICS envoy Maxim Oreshkin in Cairo to speed up the Russian industrial park in the Suez Canal zone. The post Egypt Advances Russian Suez Zone on 19 Oct appeared first on The Rio Times.
Wheat rose after weekend strikes between Russia and Ukraine made any deal to restart exports from the two major producers increasingly unlikely.
Putin placed Tarkett, Ontex and three packaging units under temporary management in mid-October. Here is how the rule works and what owners can do. The post Russia Puts Tarkett, Ontex Under State Management appeared first on The Rio Times.
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by International Rescue Committee CEO and Fmr. UK Foreign Secretary David Miliband, Fmr. Deputy Prime Minister of Canada and “Unreliable Boyfriend” Author Chrystia Freeland and Northwell Health President & CEO Dr. John D’Angelo. (Source: Bloomberg)
President Trump waived new Russia tariffs before they took effect on 18 October, but the threat stays legally available and could reach Brazil's fertiliser. The post Russia Sanctions Waiver Leaves Latin American Buyers Exposed appeared first on The Rio Times.
Russia’s refined fuel shipments declined in early October before the government loosened a diesel export ban.
While Russia’s share in India’s oil imports fell to 44%, from a historic high in July, the shares of both the U.S. and the UAE surged, resulting in the cumulative shares of the three countries reached an all-time high
Oil held a gain as a flare-up in attacks from Russia to the Middle East threatened supply that only recently recovered to near pre-war levels.
Oil gained Wednesday as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels. Brent traded above $106 after Iran-backed Houthi rebels launched missile and drone strikes across Saudi Arabia, including a hit that damaged Saudi Aramco’s headquarters. That added to an escalation in Iranian attacks on tankers in the Strait of Hormuz that’s threatening a rebound in Gulf supply. We discuss the latest energy headlines with Rob Barnett, Senior Energy Analyst for Bloomberg Intelligence. (Source: Bloomberg)
Loading rates at Novorossiysk have slowed with ships moored for twice as long as normal