India’s petroleum product exports hit 15-month low in January
The United Arab Emirates, Netherlands, and Malaysia were among the top buyers of Indian petroleum products in January including diesel, jet fuel, gasoline, and naphtha among others.
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Maersk Halts Red Sea Transit Amid Escalating Maritime Tensions
The incident involving Maersk Gibraltar occurred on Thursday when the vessel, en route from Salalah, Oman, to Jeddah, Saudi Arabia, was reportedly targeted by a missile. Maersk assured that the crew and vessel remained safe despite the unsettling encounter.