Asian countries including Vietnam, Thailand, the Philippines, Indonesia and Sri Lanka are lining up to buy Russian oil as the Iran war blocks supplies, raising the possibility that demand may exceed supply, several sources including Russia said.Since the war in Ukraine prompted European customers - once the biggest buyers of Russian oil and gas - to shun Moscow
WiseTech Global and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe’s largest retailers, have announced direct data integration to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within the CargoWise logistics execution platform.
A Western-sanctioned vessel with Russian oil destined for Indian Oil Corp has had discharge of the cargo delayed at a port in eastern India due to a hold-up in online verification of insurance cover provided by a Russian insurer, three industry sources with direct knowledge of the matter said.