Keywords: Exports
Türkiye’s exports totaled $20.31 billion in January, marking a 4% decrease compared to the same month a year earlier, according to figures released by the Turkish Statistical Institute. Data showed that imports edged up by 0.1% year-on-year to $28.69 billion, pushing the monthly trade deficit......
Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian......
China has quietly developed a new channel for supplying drones to Russia, rerouting exports through Thailand as Moscow seeks to evade Western sanctions over its war in Ukraine. A Bloomberg investigation identifies little-known Thai companies acting as intermediaries in a fast-growing trade that turns......
Iran’s currency has tumbled to historic lows as capital flight accelerates and oil revenues decline under renewed US sanctions, deepening strains on an economy already grappling with high inflation and social pressure over potential bread price increases. The Iranian rial weakened to around 16.3......
Russia’s flagship Urals crude is trading at its steepest discount to global benchmark Brent in nearly three years, underscoring mounting pressure on Moscow’s key export revenues as Western sanctions persist and Indian demand weakens. The discount on Urals expanded to $28 per barrel on a......
Germany’s economy is projected to grow by only 1% in 2026, according to the German Chamber of Industry and Commerce (DIHK), slightly above its earlier forecast of 0.7%. The chamber emphasized that structural reforms are essential to achieve a more sustainable recovery. Helena Melnikov, managing......
China will open its market to duty free imports from 53 African countries beginning in May 2026, extending zero tariff treatment to eligible goods from nations that maintain diplomatic relations with Beijing. The decision broadens earlier preferential trade arrangements that applied to a smaller group......
Venezuela’s state oil company, Petróleos de Venezuela, S.A. (PDVSA), has limited crude sales over the past two weeks to companies holding individual licences from the United States, curbing exports despite a broader general licence issued by US authorities earlier this year. According to......
The Arab world holds some of the largest proven oil and natural gas reserves on the planet, reinforcing its central role in global energy security and international commodity markets. Recent data drawn from leading industry sources, including OPEC, BP Statistical Review and the US Energy Information......
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