Fuel prices boosted Greek exports in May

Annual exports to reach €70 billion by 2030

Greek exports have risen by 46 since 2019, reaching 47 billion from 32 billion, Deputy Prime Minister Kostis Hatzidakis said on Tuesday. He added that they have more than doubled compared with pre-crisis levels in both volume and as a share of GDP.

Asian vendors grapple with soaring costs of plastics amid Mideast war

Across Asia, food vendors are contending with higher costs for plastic bags, cups and containers as the energy crisis triggered by the Middle East war drives prices up. While the...

The Iran conflict saw jet fuel prices soar—when you use 1.88 million tonnes a year, how you respond really matters (just ask DHL)

Since the start of the U.S.-Iran conflict and the closure of key shipping lanes in the Strait of Hormuz, businesses have been affected by supply chain issues and rising fuel prices. Jet fuel became a particularly expensive commodity, more than doubling in price from 800 per tonne prior to the conflict to a peak of []

Peru: Export goods recording the highest trade volume at Chancay Port

Avocados, metallic minerals, gunpowder and explosives, palm oil, and grapes rank among the export goods with the highest volume of shipments through the Port of Chancay, whose total export value has reached US1.343 billion since the start of its operations.

S. Korea's monthly exports hit US$100 bln for 1st time in June

SEOUL, July 1 (Yonhap) -- South Korea's monthly exports hit a fresh high by surp...

Will the war in Iran ruin your Euro summer?

Just as travelers jet off for the Euro summer of their dreams, Europe is running out of jet fuel. As Elena Casas explains, the war in Iran probably won't cancel your Euro trip just yet — but oil traders are still not pricing in just how disrupted supplies really are. #eurosummer #markets #travel #oil #iranwar

Turkmenistan’s export portfolio evolves via commodity exchange activity

Turkmenistan’s export portfolio evolves via commodity exchange activity

Pelaksanaan Budi Madani Diesel bendung ketirisan subsidi

JOHOR BAHRU: Pelaksanaan Budi Madani Diesel secara automatik bermula semalam berupaya membendung ketirisan bahan api bersubsidi itu khususnya di kawasan sempadan negara serta Sabah dan Sarawak. Timbalan Menteri Perdagangan Dalam Negeri dan Kos Sara Hidup, Datuk Dr. Fuziah Salleh berkata, pelaksanaan Budi Madani Diesel itu dijangka memberi manfaat kepada kira-kira 400,000 pemilik kenderaan diesel persendirian ... Read more The post Pelaksanaan Budi Madani Diesel bendung ketirisan subsidi appeared first on Utusan Malaysia.

Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver

Hit by supply disruptions due to the blockade of the Strait of Hormuz since March, Asian refiners have been aggressively buying oil ‌from the US, Russia, Africa and Latin America

Russia's diesel ban reveals Armenia's energy security dilemma

Russia's diesel export ban, announced by Deputy PM Novak, eliminates the source of 83 of Armenia's diesel imports overnight. With Iran under sanctions and European alternatives too expensive to scale, Yerevan is staring at its most acute energy vulnerability since independence, and the country best positioned to fill the gap is the one it was at war with four years ago.

Commodities: Oil Bounces On Persian Gulf Re-Escalation

Commodities: Oil Bounces On Persian Gulf Re-Escalation

India's exports to West Asia even out in June

India's exports to West Asia even out in June

Dangote overtakes US in jet fuel exports as Nigerian airlines battle jet A1 crisis

Dangote Refinery exported 466,000 metric tonnes of jet fuel to Europe in June, surpassing US exports, amid rising Jet A1 prices and scarcity for Nigerian airlines.

Indonesia ends diesel imports with mandatory B50 biodiesel rollout

Indonesia has stopped importing diesel fuel following the implementation of the mandatory B50 biodiesel policy, ...

Exports up 54% in first 10 days of July on strong chip shipments

Exports up 54% in first 10 days of July on strong chip shipments

US grants 60-day waiver on Iranian oil sanctions as part of interim deal to end war

The move allows nations importing Iranian oil and other energy products to maintain transactions for the next two months under the terms of the license.

Delta CEO Doesn’t Expect Airfares to Come Down Anytime Soon While Demand Remains Strong

Airlines Have Raised Fares to Offset Rising Fuel Costs Stemming from the Iran War

Why fuel prices haven’t fallen yet despite falling global oil prices

Fuel prices in Ghana are once again caught between global oil swings and the structure of domestic pricing. Crude markets have eased, but pump prices have not yet caught up. Earlier in the year, before tensions between Iran, Israel and the United States escalated, Ghanaian consumers were briefly seeing relief. Petrol was selling at about []

US license for Iranian oil transactions does not apply to Donbass, Crimea — Treasury

The license allows buyers to make payments for Iranian oil and petroleum products in US dollars

Japan to see price hikes for 2,566 food items in July

Higher crude oil and naphtha prices have pushed up the costs of packaging and raw materials, leading to price increases mainly for processed foods like instant noodles.

Oil shock weighs on African economies, weakens 2026 growth outlook

Washington, July 5 (SANA) African economies will continue to pay the price of the oil price shock caused by the war in the Middle East, despite the recent decline in prices following the interim US-Iran agreement on June 18, according to data from Oxford Economics cited by CNN Business. The sharp rise in energy costs, driven []

Russia Bans Diesel Exports After Ukraine’s Refinery Attacks

Russia banned exports of diesel to avoid domestic shortages after a flurry of attacks by Ukrainian drones on the nation’s refineries. International prices for the fuel surged.

Waiting for cheaper Spain flights could cost travellers more this summer

Airlines are seeing fuel costs ease after an interim US-Iran peace deal, but travellers flying between Spain, the UK and []

‘You can expect prices to be high and stay high’: Domestic airfare is skyrocketing faster than international flight costs, despite using less jet fuel

Jet fuel costs doubled over the course of the Iran war, but other factors are behind the rising domestic travel costs.

कच्चा तेलको मूल्यमा ५% को उछाल

काठमाडौँ ।अमेरिकी राष्ट्रपति डोनाल्ड ट्रम्पले इरानसँगको युद्धविराम समाप्त भएको संकेत दिएपछि अन्तर्राष्ट्रिय बजारमा कच्चा तेलको मूल्य उल्लेख्य रूपमा बढेको छ। ट्रम्पको अभिव्यक्तिपछि ब्रेन्ट र डब्लूटीआई दुवै क्रुड तेलको मूल्य करिब ५ प्रतिशतले उकालो लागेको हो। अन्तर्राष्ट्रिय बजारमा ब्रेन्ट क्रुडको मूल्य ५.१० प्रतिशत अर्थात् ३.७८ अमेरिकी डलरले बढेर प्रतिब्यारेल ७७.९४ डलर पुगेको छ। त्यस्तै, डब्लूटीआई क्रुड []

Airlines’ fuel spending up 84 percent in past year

U.S. airlines paid billions of dollars more for jet fuel in May, in the second consecutive month that fuel costs exceeded 6 billion, according to government data released Tuesday. The Bureau of Transportation Statistics found that airlines spent 6.6 billion on jet fuel in May, an 84 percent increase from one year ago. In April,...

Taiwan’s trade surplus falls short of lofty expectations in June

ASIA/PACIFIC: Both exports and imports continued to grow at an outlandish pace, but in June, imports beat forecasts while exports slowed, leading to a softer-than-expected trade surplus. Second-quarter growth is likely to moderate after a very strong start to the year, but Taiwan's 2026 growth outlook should remain solidly on track

Russia Increases Its Agricultural Exports to China by 42% in 2026

Russian exports of agricultural produce to China rose by 42 per cent between January and May this year. In particular, there was an increase in exports of frozen fish, rapeseed oil, soya beans, crustaceans, peas, sunflower oil, pork, and offal. This was reported by the website of the Russian Ministry of Agriculture, according to TV BRICS.

Russia’s Seaborne Fuel Oil, VGO Exports Decline 6% in May Amid Ukraine Strikes

Russia’s seaborne exports of fuel oil and vacuum gasoil (VGO) declined by around 6 month-on-month (MoM) in May to 3.2 million metric tons, as Ukrainian drone strikes on energy infrastructure disrupted production and shipments, according to data from traders and London Stock Exchange Group (LSEG) cited by Reuters. Saudi Arabia remained a key destination for [] The post Russia’s Seaborne Fuel Oil, VGO Exports Decline 6 in May Amid Ukraine Strikes first appeared on Egypt Oil Gas.