The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday but logged its worst week since early-June, weighed down by lower rates across all vessel segments. The main index, which tracks rates...

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Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned against purchasing oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest...

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The US State Department said July 30 it would impose sanctions on 20 entities it believes are engaged in trading Iranian oil and petrochemical products, including a fourth Chinese oil terminal. “The Iranian regime continues to fuel conflict in the Middle East to fund...

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Panama’s comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation’s Supreme Court against a contract to operate ports near the Panama Canal, held by a local firm controlled by Hong Kong-based CK Hutchison 1. Flores said the two suits were to...

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