Cosco Shipping Ports Limited, the Chinese state corporation, and Volcan, the Peruvian mining company, signed an agreement for the execution of multi-purpose port terminal of Chancay in Peru. The port will serve as a platform to encourage the development, propel the exportation of Peru to Chinese market and deepen the bilateral relation between the two countries.
Venezuela Becomes India’s Fourth Strategic Crude Supplier Amid Global Energy Realignment
A sharp increase in bilateral shipments during the second quarter of 2026 positions Venezuelan crude as a key alternative for Indian supply, historically accounting for nearly 80% of the Asian nation’s total imports from the South American country.
