Rome: Global Fertilizer Prices are increasing due to rising natural gas costs and ongoing logistical bottlenecks in the Middle East. Granular urea prices rose 2.5% on Wednesday, as of 1300GMT, to $720 per ton as shipping routes across the Strait of Ho…
Seoul: South Korea on Wednesday announced that it has ‘no plans at this stage’ to pay a toll to Iran to secure the release of its stranded ships from the Strait of Hormuz. ‘At this stage, we have no plans to pay Iran any form of compensation or to tak…
Baku: Azerbaijan and Russia have reached an agreement on providing an ‘appropriate settlement of the consequences’ stemming from the December 2024 crash of an Azerbaijan Airlines (AZAL) flight in Kazakhstan. This announcement was jointly made by the f…