-
International trade
China May Supply Iran with Hundreds of MANPADS to Counter Aircraft and Drones
China is expected to supply 300–400 QW-12 and FN-16 portable missile systems designed to engage low-flying aircraft, helicopters, and drones. The first batches of the weapons are reportedly scheduled to arrive in Iran in...
Global Affairs
Oil Prices Surge More Than 7% Amid Escalating Airstrikes in the Middle East
After a steep decline just a day earlier, oil prices rebounded sharply on Wednesday. Brent crude climbed to $90.25 per barrel, while U.S. West Texas Intermediate (WTI) rose to $84.65 per barrel, as investors...
Global Affairs
Bab el-Mandeb Strait Sees Highest Vessel Traffic in the Past Ten Days
According to data from maritime analytics firm Kpler, 39 commodity-carrying vessels transited the Bab el-Mandeb Strait on July 28. This marks the highest daily volume since July 19 and is considered one of the...
Transport and shipping
About 1,300 Vehicles Queue at Belarus–EU Border
More Than 1,000 Trucks Are Waiting to Enter the EU
Around 1,300 trucks and passenger vehicles were waiting at the Belarusian border on July 29 to enter European Union countries.
According to figures from the Belarusian...
International trade
India and EAEU Prepare FTA as Russia-India Freight Flows Grow
Two Separate Economic Agreements Are Moving Forward
Russia and India are accelerating work on the legal and logistics infrastructure needed to support further trade growth.
Two separate negotiating tracks are involved.
Moscow and New Delhi are discussing...
Global Affairs
Sulfuric Acid Tanker Explosion off Norway: Fire Contained, Probe Ongoing
Explosion Occurred While the Tanker Was at Anchor
A major emergency response was launched off southeastern Norway on July 28 after an explosion and fire aboard the chemical tanker Bergstraum.
The vessel was anchored in the...
Regulators and laws
Cargo Theft Rises in Europe as Secure Parking Becomes Route Priority
Trucks Remain the Main Target
Cargo theft is becoming one of the most serious security risks facing European road freight.
Criminal groups are no longer limited to opportunistic attacks on parked trucks. They increasingly study routes,...
Business
Iveco Strator Returns to Europe on New S-Way Platform
Strator Is Back as a Production Truck
The Iveco Strator has returned to the European market following several years without new production vehicles.
The new generation of the unusual bonneted tractor was officially unveiled in the...