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Russian Tanker Carrying 326,800 Barrels of Petroleum Products Heads to New York

A Russian tanker carrying 326,800 barrels of petroleum products, including diesel fuel, has departed from the Russian port of Primorsk and is heading towards New York, according to Russian media reports shared by the Russian Embassy’s official Instagram account. The vessel,

October 24, 2026

Business·World

Zimbabwe Exports Surge 60.7% To $9 Billion

Zimbabwe’s merchandise exports rose by 60.7 per cent to US$9.04 billion between January and August 2026, up from US$5.63 billion during the same period last year, as strong mineral earnings and growing demand from international markets boosted the country’s trade performance. The

October 23, 2026

Business·World

Russia-China Trade Surpasses $180 Billion

Trade between Russia and China has exceeded US$180 billion in the first few months of 2026, marking a reported 28.4 per cent increase compared with the same period last year and highlighting the continued expansion of economic cooperation between the two countries.

October 23, 2026

Business·World

Oil Prices Surge as Middle East Tensions Escalate

Global oil prices climbed sharply on Tuesday, with Brent crude rising about 1.8% to approximately $111 a barrel, approaching five-month highs, as growing security threats in the Middle East heightened concerns over disruptions to global energy supplies. US benchmark West Texas Intermediate

October 20, 2026

Business·Tanzania

Bhutan MP Praises Quality of Tanzania’s Honey Products

Bhutanese Parliamentarian Tashi Tenzin has praised the quality of Tanzania’s honey and other bee products displayed at the Ministry of Natural Resources and Tourism pavilion during the 153rd Assembly of the Inter-Parliamentary Union (IPU 153) in Arusha. Tenzin said he was impressed

October 7, 2026

Business·Tanzania

Tanzania Fuel Prices Rise Amid Middle East Tensions

The Tanzanian Government has reaffirmed its commitment to ensuring reliable fuel supplies and maintaining affordable prices despite continued volatility in global oil markets linked to renewed tensions in the Middle East. The government’s position comes as international disruptions affecting oil production, availability

October 7, 2026

Business·World

Russia-Afghanistan Trade Surges 2.5-Fold

Trade between Russia and Afghanistan increased 2.5-fold during the first seven months of 2026 compared with the same period last year, highlighting a rapid expansion of economic ties between Moscow and Kabul. The figure was announced following a meeting in Moscow between

October 6, 2026

Business·World

Trump Tells Americans To Endure High Fuel Prices

U.S. President Donald Trump has told Americans to endure rising fuel costs as the war involving Iran continues, arguing that the economic burden being felt by households is a relatively small price to pay for the objectives of the conflict. “You’re paying

October 3, 2026

Business·World

Tanzania’s Critical Minerals Opportunity Comes With a Need for Caution

Tanzania’s growing importance in the global critical minerals supply chain presents major economic opportunities, but it also raises important questions about how the country can protect its national interests as competition for strategic minerals intensifies. An emerging area of investigation is the

September 29, 2026

Business·Tanzania

Tanzania Urges Women Miners To Turn Licences Into Productive Businesses

The Government has urged women involved in Tanzania’s mining sector to make effective use of mining areas and licences allocated to them by turning the opportunities into productive mines, growing businesses, employment and sustainable incomes. Deputy Minister for Minerals Dr Steven Kiruswa

September 26, 2026

Business·Tanzania

Tanzania Urges Diamond Sector to Embrace Sustainable Standards

The Tanzanian Government has urged stakeholders in the country’s diamond industry to ensure that Tanzanian diamonds are valued not only for the quality of the stones but also for evidence that they were mined and traded in compliance with the law, environmental

September 24, 2026

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