India expanded the pool of approved Russian
providers, alleviating the shortage of insurers to provide the liability coverage tankers carrying Russian oil need to legally enter its ports.
Alaska Airlines is bracing for a $600 million increase in its fuel costs for the second quarter of 2026, and expects to pay as much as $4.75 a gallon in April.
Since the conflict began, the cost of filling a typical family car with petrol has risen by £14 ($18.20), while a typical tank of diesel has gone up by about £27.
The $4 million payment was up from the less than $1 million that some vessels were paying to cut in line at the Panama Canal as recently as early March.