Oil price spikes after vessels are targeted, despite IEA decision

But air cargo demand growth is expected to dampen due to global trade tensions, says IATA.

An increase in related overhead costs of per-unit production will drive inflation higher.

This shift has been driven by regional supply disruptions, which have led to the rerouting of cargo traditionally processed through other ports.

The vessel is carrying fuel and ballast, raising concerns about environmental risk if conditions worsen.

Importers face uncertainty as legal fight continues.

US retailer frontloading of orders and lower fuel prices boost volumes.

Despite this reassurance, the Yemen-based rebels reiterated their hostile stance towards Israel.

The officials were arrested after allegedly fraudulently issuing driver’s licences.

The measure encompasses shipments from various countries in Far East Asia.

SA’s 2025 G20 presidency coincides with African nations deepening their AfCFTA commitments.