Indian Oil plans to buy own crude and LPG carriers

State-owned Indian Oil Corporation plans to acquire its own crude oil and LPG carriers, as disruptions to shipping around the Strait of Hormuz and sharply higher freight costs push India's largest refiner to take tighter control of its supply chain. The plan was reported on November 8. The move marks a potential shift for a company that has…
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Middle East aviation chaos: 480 disruptions in a single day

Air travel to and from the Middle East remained in deep crisis on March 28, with 160 flight cancellations and 320 delays recorded in a single day, a total of 480 disruptions affecting roughly 35-40% of regional aviation operations, according to Travel and Tour World. Over 52,000 flights have been cancelled in the region since the conflict began on…
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A memorandum of understanding signed this week between US drone maker Powerus and the Pakistan Army has drawn attention because of the company's pending merger with a firm in which President Donald Trump's sons, Donald Trump Jr and Eric Trump, hold a stake. Powerus co-founder Brett Velicovich…

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