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VLCC rates rebound in H1 Jan on fleet consolidation, strong demand

Asian VLCC spot rates have staged a rebound over the first half of January from a decline in the second half of December, according to data from Platts, part of S&P Global Energy, driven by surging demand from longer‑haul voyages and strong time charter sentiment....
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Baltic index snaps nine-day losing streak on gains across segments

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, rose on Friday to snap a nine-day losing streak. The main index, which tracks rates for capesize, panamax and supramax vessels, added 35 points, or 2.3%, to...
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‘Unique commitment to freedom’: Venezuelan opposition leader Machado meets Trump at White House, presents Nobel medal

‘Unique commitment to freedom’: Venezuelan opposition leader Machado meets Trump at White House, presents Nobel medal
US President Donald Trump met Venezuelan opposition leader María Corina Machado at the White House on Thursday, where she presented him with her Nobel Peace Prize medal. The meeting was confirmed by White House press secretary Karoline Leavitt, who described Machado...
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Middle East tensions: Gulf states urged Trump to give Iran time, warned strike could trigger ‘grave blowbacks’

Middle East tensions: Gulf states urged Trump to give Iran time, warned strike could trigger ‘grave blowbacks’
Saudi Arabia, Qatar and Oman mounted an urgent diplomatic push to dissuade US President Donald Trump from launching an attack on Iran, warning that such a move could lead to “grave blowbacks in the region,” a senior Saudi official said on Thursday. Speaking to AFP on...
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Shaksgam Valley: India pushes back against China’s fresh claim — dispute explained

Shaksgam Valley: India pushes back against China’s fresh claim — dispute explained
NEW DELHI: China’s renewed assertion that the Shaksgam Valley “belongs to China” has reopened a long-dormant but highly sensitive fault line in the Kashmir dispute. Beijing’s defence of infrastructure construction in the area—closely linked to the China-Pakistan...
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