logistical disruptions

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    Export Financing Relief Amid West Asia Crisis

    Mumbai, March 31 The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days for pre-shipment and post-shipment finance for disbursements made until June 30, citing ongoing logistical disruptions due to the ongoing West Asia crisis.The central bank had...
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    US Secretary: Logistical Issues, Not Shortages, Drive Oil Price Spike

    Washington, March 8 – US Energy Secretary Chris Wright said on Sunday that more than 100 million barrels of Russian crude are currently floating at sea, waiting to be delivered to China. He believes that redirecting this oil to other refineries could temporarily ease disruptions in the global...
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