U.S. Reaches Deal To Sell F-35 Stealth Fighter Jets To Saudi Arabia
John Kirby, a spokesman for national security at the White House, said that the U.S. has almost reached a deal to sell F-35 stealth fighter jets to Saudi Arabia. The White House announced on Monday that there had been substantial progress in the talks between the U.S. national security adviser and the Saudis over the […]
Russia & Afghanistan Plan To Build Logistics Center For Oil Transit To South Asia
Afghanistan’s acting Industry and Trade Minister Nooruddin Azizi told Reuters that Russia and Afghanistan plan to build a logistics center for oil transit to South Asia, involving Kazakhstan and Turkmenistan, in its northwestern Herat province. Because of tensions with the West, it may be judged strategically unreliable to continue maritime exports to the Indian Ocean […]
After The Suez Canal, Is The Panama Canal Next?
After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought. On a recent day, more than fifty ships—from cargo ships loaded with food to tankers transporting propane—were waiting to pass through the Panama Canal. Longer wait times are the result […]
Why India’s Investment In Russian Hydrocarbons Is Win-Win
The two countries have developed a relationship amid the geopolitical storm. India’s investment in Russian hydrocarbons is a win-win situation, providing India with energy security and giving Russia a stable market, promoting technology transfer. Russia and India are at a pivotal point in the geopolitical tremors that have arisen since the beginning of the conflict […]
Iran’s ‘Desert Gold’ Supplies Running Dry
Iran’s saffron, also called ‘desert gold’ supplies, are running dry, which producers and traders say is due to shifting weather patterns and water scarcity. Due to a bad crop in Iran, the world’s largest source of saffron, there is a shortage of the spice on the market, according to a Financial Times story published on […]
Russia To Launch Year-Round LNG Shipments Via Arctic
Russia will begin year-round LNG shipments via the Arctic route of the NSR, a transit route spanning the entire length of Russia’s Far East and Arctic territories within its exclusive economic zone. Sergey Zybko, the head of the Northern Sea Route (NSR) operator, revealed this week that Moscow intends to begin year-round LNG deliveries to […]
Italy Exits China’s Silk Road Initiative
According to Bloomberg, Italy has officially exited China’s Silk Road Initiative, which, according to Foreign Minister Antonio Tajani, is because BRI has not produced the desired effects. China has been formally informed by Italy’s government, led by Prime Minister Giorgia Meloni, that Italy is leaving the Belt and Road Initiative. This action validates months-long rumors […]
Venezuela’s Secret Weapon: A “Dark Fleet” Of Oil Tankers
According to a Reuters investigation, Venezuela’s secret weapon might be a “dark fleet” of oil tankers. The country’s national oil company, PDVSA, had reportedly leased 41 tankers in 2022. Dark fleet is a term used to describe the assortment of tanker vessels which conceal their locations so as to enable the transportation of illicit cargoes of […]
‘Arctic Silk Road’ Comes Alive As Russia Sends First LNG Tanker To Asia This Year
The ‘Arctic Silk Road’ has come alive as Bloomberg ship-tracking data shows that Russia has sent the first LNG tanker, Fedor Litke, to Asia this year. This year, Russia shipped its first liquefied natural gas cargo via the Northern Sea Route (NSR) in the Arctic onboard the vessel Fedor Litke. The tanker was loaded at […]
Pakistan Welcomes First Direct Cargo Ship From Russia
Pakistan’s Federal Minister of Energy, Khurram Dastagir, Minister for Maritime Affairs, Faisal Subzwari, and Consul General of Russia, H. E. Andrey Viktorovich Fedorov, welcomed the first direct cargo ship from Russia. On May 25, a landmark event took place in Pakistan’s southern port city as the Russian cargo vessel arrived at Karachi International Container Terminal (KICT) marking […]