The cost of renting a large crude oil tanker to ship two million barrels from the Middle East to China has risen to $206,141 per day, for the first time since April 2020, according to data from the London Exchanges Group and the World Scale index used to calculate shipping costs in the sector, marking a fourfold increase since the beginning of the year. This rise comes in the wake of increased crude exports from the Middle East, amid fears of a potential military conflict between the United States and Iran, prompting traders to intensify tanker rentals. Estimates suggest that rising shipping costs may reduce the profits of Asian refineries. Watch the full content on الشروق أونلاين
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).
The declaration of social insurance interests then disappearing in three months and returning at the beginning of July coincided with the period of processing import files, including workers, capacities, and demand size... All data became comparable. Sources from the foreign trade sector revealed striking numerical indicators that appeared during the analysis of data from some companies involved in import files, most notably the registration of workers with social security services during the period from January to March 2026, before the declarations of workers completely disappeared during April, May, and June, then returned again starting from July and continued until the end of September, coinciding with the period known for the submission and study of program files.
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