Economy

Trade turnover between Russia and Kazakhstan reaches nearly $30 bln

Mikhail Mishustin noted that a large number of Russian companies are investing in Kazakhstan

Bangladesh hikes jet fuel prices 80% amid energy market turmoil

Bangladesh has raised jet fuel prices by 80%, the second increase in March, citing the Middle East conflict, as regional airlines brace for higher costs

Ethiopian Airlines expands domestic network with four new airports across Ethiopia

Ethiopian Airlines will expand with four new airports as it modernizes its fleet and adapts to regional disruptions and higher fuel prices

Russia to prioritize energy trade with neighbors amid instability caused by Iran war

Russia will adjust its energy trade strategy due to the Iran war, prioritizing deliveries to its neighbors, Energy Minister Sergey Tsivilev has said

India Buys Russian Oil at Premium Amid Strait of Hormuz Disruption

Indian refiners have booked around 60 million barrels of Russian oil at $5-15 above Brent price as the Strait of Hormuz disruption tightens Middle East supplies

European countries could face fuel shortages next month, Shell CEO warns

The Iran war could soon disrupt diesel and gasoline supply to the Europe, Shell CEO Wael Sawan has warned