Shipments of Argentine wheat to Asia would climb to record highs in the next two months due to the drought affecting Australian production and the lower inventories of the Black Sea. Indonesia, the largest importer in Asia, along with Vietnam, Thailand and the Philippines should receive about 1.2 million tons of wheat from the South American country, said the operators, who have access to shipping data.
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.
