India is contemplating deploying naval ships to escort its merchant vessels through the Strait of Hormuz amidst escalating Middle East tensions. This consideration follows urgent pleas from Indian shipowners seeking protection for their commercial fleets navigating the crucial, now high-risk, waterway.
Saudi Arabia to store oil in Singapore’s underground caverns from 2027
Saudi Arabia’s reported plan to store oil beneath Singapore from 2027 could bring supplies closer to Asian buyers. Explore the strategic location, potential trade benefits and key uncertainties behind the proposal.
0 Comments