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Context changes everything: what supplier contracts reveal about supply chain performance
Clarity across supplier contracts helps procurement teams uncover savings, risk and performance insights.
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Iraq's Oil Exports via Turkey Surge to 500,000 Bpd
Iraq has boosted its crude oil exports via the Turkish Mediterranean port Ceyhan to 500,000 barrels per day (bpd), as OPEC’s second-largest producer has started trucking Basrah crude to the pipeline system to the north. Iraq has hiked exports from Turkey to 500,000 bpd for the first time since pipeline operations resu…
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Why more inventory won’t fix your supply chain’s fill rate
Record inventory but still missing fill rate targets? The problem isn't supply or forecasting; it's your supply chain decision layer. Here's how to fix it.
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Azerbaijan, Kazakhstan plan joint intermodal cargo terminal
Kazakhstan and Azerbaijan are planning to establish a joint intermodal cargo terminal and a new Trans-Caspian ferry system called the "Caspian Bridge."
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Armenia begins preparatory work on TRIPP railway and highway project
The Government of Armenia has effectively already begun implementing the “Trump Route for International Peace and Prosperity” (TRIPP) project, Prime Minister Nikol Pashinyan told lawmakers on Monday, according to Armenpress.
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Polish PM Donald Tusk accuses Russia of backing opponents amid constitutional crisis
Polish Prime Minister Donald Tusk has accused Russia of supporting his political opponents amid an escalating dispute over the country's Constitutional Tribunal, warning that the crisis threatens the rule of law in Poland.
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U.S. Pushes to Restore Russian Gas Flows to Europe
The United States has discussed with Russia the possibility of restoring natural gas flows to Europe via pipelines running through Ukraine, the Wall Street Journal has reported, citing unnamed sources involved in the talks. The idea came from President Trump’s envoys Jared Kushner and Steve Witkoff and was floated dur…
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World eroded its energy supply buffers since Iran war: ADNOC CEO
The world has eroded its supply buffers by depleting nearly 1 billion barrels of oil from global inventories since the U.S.-Israeli war on Iran disrupted shipping through the Stra...
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UAE prepares for worst-case scenario amid Iran-US tensions
The United Arab Emirates (UAE) hopes that the crisis between Iran and the United States can be resolved peacefully, but is also prepared for a possible escalation.
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Qatari LNG tanker comes under attack in Persian Gulf
The Al Mayeda liquefied natural gas (LNG) tanker, owned by Qatar's Nakilat shipping company, came under attack in the Persian Gulf on the evening of October 30.
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Farid Rasulov's Long Live, Caspian exhibition opens at Baku's OTAQ gallery
A solo exhibition by Azerbaijani artist Farid Rasulov, titled Long Live, Caspian! (Yaşa, Xəzər!), has opened at the OTAQ gallery in Baku's Icherisheher, exploring the ecological challenges facing the Caspian Sea through contemporary art.
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Zelensky arrives in Istanbul for Erdogan talks
Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
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Azerbaijan, Kazakhstan seek to expand cooperation in logistics and AI
Azerbaijan and Kazakhstan are exploring new opportunities to strengthen economic cooperation in logistics, information technology, advanced technologies and artificial intelligence.
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Georgian Dream making move to ban main opposition parties
Critics say ruling party wants to “formalize one-party dictatorship.”
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Azerbaijan and Turkey: Feud deepens over differences on Israel
Aliyev shows up Erdogan by skipping Turkic summit.
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Brent Hits $117 as Tanker Catches Fire in Strait of Hormuz
Tensions in the Middle East are escalating again as a tanker was reported on fire after explosive devices were attached to its hull while the vessel was attempting to transit outbound in the Strait of Hormuz. The UK Maritime Trade Operations (UKMTO), which is affiliated with the Royal Navy, said in a warning notice th…
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Oil prices continue climbing amid escalating Middle East tensions
Oil prices on global markets are heading for a fourth consecutive monthly gain amid attacks in Saudi Arabia and rising tensions around the Strait of Hormuz. According to the information, forecasts suggest that Brent crude will end the month up approximately...
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Trump's Russian Diesel Is a Legal Hot Potato With a Five-Year Fuse
A Malta-flagged tanker called the Agioi Fanendes left the Russian port of Primorsk on Oct. 22 carrying nearly 40,000 metric tons of ultra-low-sulfur diesel, and ship-tracking data has it arriving at the Port of New York and New Jersey on Nov. 7, four days after the midterm elections. Nobody has publicly said who bough…
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Spanish MEP: Rail crash not linked to underinvestment
Domenec Ruiz, a Member of the European Parliament for Spain and member of the ruling Spanish Socialist Workers' Party (PSOE), said on Thursday that the recent train disaster in Toledo was "not necessarily connected to a general lack of investment" in the country's railway network.
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U.S. Pushes Nuclear Energy Expansion in Central Asia and Caucasus
The United States is making a fresh push to promote the use of American nuclear energy technology in Central Asia and the Caucasus. Shawna J. Wilson, Deputy Assistant Secretary of State for Security Programs, traveled to both regions recently for meetings with Armenian and Kazakh officials that explored ways to advanc…
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The CCS Project That Passed Every Test Except the Investment Test
Heidelberg Materials’ proposed carbon capture project in Edmonton appeared to contain almost every ingredient policymakers say a successful CCS development needs. It targeted cement, a hard-to-abate industry where most emissions come from the chemistry of producing clinker rather than simply burning fuel. A pilot conf…
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Kroger accelerates direct sourcing efforts for better cost control, visibility
The grocery chain seeks to boost first-party procurement volumes to more than 10% while working toward a fully owned import and distribution model.
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Protests in Europe expose growing generational divide
With the arrival of autumn, Europe has sunk into a wave of protests that still hasn't let up. Hundreds of thousands of people have taken to the streets, and not in a single country but in a good dozen of them at once. France, Italy, Belgium, Portugal, Greece, Albania, and Germany is next in line. Yet behind all of the…
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Georgia Dream making move to ban main opposition parties
Critics say ruling party wants to “formalize one-party dictatorship.”
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FedEx drawing parcel-focused shippers to its air freight services
Air freight demand from traditionally parcel-centric customers is rising as the carrier pushes for more business in high-value segments like AI and data centers.
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OPI, Nioxin owner appoints chief supply chain officer
Javier Huerta will oversee The Wella Company’s sourcing, manufacturing and logistics capabilities, effective Dec. 1
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Pakistan-Afghanistan border clashes leave dead and injured on both sides
The situation along the Pakistan-Afghanistan border has escalated again following fresh clashes between the two countries' military forces, resulting in casualties on both sides.
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Trump opts for trade talks over tariffs for robotics, industrial machinery
For the second time this month, the president directed cabinet officials to negotiate over imports deemed a threat to U.S. commerce and security by a Section 232 probe.
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Azeri Light crude oil prices increase at Augusta and Ceyhan ports
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis at Italy’s Augusta port increased by $2.93, or 2.39%, from the previous figure to $125.42 per barrel.
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How Trump’s Russian Diesel Could End Up in Cuba Instead
The tanker billed as the first to carry Russian diesel to the United States under Donald Trump’s deal with Vladimir Putin has dropped New York as its destination. The Malta-flagged Agioi Fanendes left Primorsk on October 22 with about 40,000 metric tons of ultra-low-sulfur diesel, due in New York on November 7. Lloyd’…