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The country exports 4 million barrels per day, boosting its share of global oil trade to 9.5%, behind Saudi Arabia and Russia. Trade routes have also been reshuffled by startup of the massive ...
In the economic blowback from its invasion of Ukraine, Russia sought to pivot away from trade with the West and build new sanctions-defying links with the Asian powerhouses China and India.
MENA is home to 20-30% of the world’s vital trade routes and chokepoints ... the UAE and Iran are poised to redefine the ...
The Chinese Defense Ministry on Tuesday released a map ... trade route for vessels carrying goods between major economies in northeast Asia such as China, Japan, and South Korea, and the rest of ...
Round‑robin routes will flourish ... s position as the trade vortex won’t budge; every fast‑growing lane still arcs out of the region, especially into the Global South.
The country’s National Infrastructure Agency is working on the scheme, but there is scant detail beyond a map with a line ... As for global trade, new land routes may end up complementing ...
A map of maritime traffic around Taiwan underscores the importance of the self-ruled island to global trade as Taipei gears ... the more densely packed the routes. Taiwan sits at the nexus of ...
New reports from the World Trade Organization and a Washington think ... but they may also indirectly affect global energy costs and shipping routes,” she added. Beginning late last year ...
About 63 percent of the world's oil production moves on maritime routes, according to a report released by U.S. Energy Information Administration on Wednesday. The world produced about 90 million ...
due to weak demand growth and as refinery and pipeline changes reshuffled trade routes. Global crude flows have been roiled for a second year by war in Ukraine and the Middle East, with tanker ...