Russian crude oil supplies are gaining traction in Asian countries and developing a refining capacity. The concerned authorities increasingly manufacture these refineries. The reports suggest that these refineries are refining Russian crude oil. But for what? The countries where the…
Key Highlights Western sanctions on Russian and Belarussian exports, and Chinese export restrictions have created turmoil in the global fertiliser market. Buyers have been busy this year finding alternative suppliers due to the sharp drop in fertiliser exports from Russia,…
The European Union (EU) is going through a phase of soaring energy prices as a result of the Russian invasion of Ukraine. The high energy prices in the EU have influenced the authorities to devise measures to go into a…
The USA has announced new sanctions on Russia, due to the Russia-Ukraine war. The new sanctions imposed on Russia cease to target major industries of Russia such as industrial, technological, and manufacturing. The implementation of the previous sanctions and bans,…
The Russia-Ukraine war has started to bring changes in the ESG investment process and supply chain of commodities. The investment processes in concern with ESG factors and requirements seem to take turns. This has resulted in a probable dismantling of…
Four European Union (EU) countries – Belgium, Denmark, Germany, and the Netherlands jointly set an offshore wind target of at least 65 gigawatts (GW) by 2030. That figure is intended to get more than double to 150 GW by 2050.…
With the blunt jab from the aftermath of the Russian invasion of Ukraine, the world’s biggest continent and the economy, Asia’s trade is going into a spiral as the continent’s countries are facing issues related to the trade flows and…
Amid Russia’s invasion of Ukraine, the United States of America, the United Kingdom, and the European Union have announced to restrict Russian crude oil and gas imports. However, still, they are dependent on Russian oil and gas as Russia is…
Turkey’s textile industry is facing a huge disruption in shipping operations to Russia and Ukraine. The invasion of Russia into Ukraine has caused a significant blockage and an eventual cancellation of services by over $1 billion for Turkey’s textile industry.…
Russia’s energy exports are increasingly getting sanctioned by the Western nations and different countries, which are likely to cut or alter the bilateral trade with Russia. This is in the aftermath of Russia’s invasion of Ukraine, which started a few weeks ago. The three western nations—the USA, UK, and EU are closely working together to drain and put a strain on the war chest of Russia by putting sanctions and bans on certain commodities. Recently, a number of lifestyle-related final product…
