Indian Oil Corporation, India’s largest state-held refiner, is aiming to procure Russian crude oil that is free from sanctions for delivery in early 2026. The new tender also extends to American and West African suppliers, underscoring India’s commitment to maintaining stable and lawful energy imports.

Iraq has pledged to stop purchasing an estimated $4 billion worth of gas from Iran by 2028, signaling a major shift in its energy strategy. Despite being OPEC’s second-largest oil producer, decades of mismanagement and underinvestment have left Iraq’s power grid heavily reliant on imported energy.

RHS Financial LLC has taken a notable new position in the iShares Convertible Bond ETF, purchasing 3,899 shares valued at $351,000. The move was disclosed in the firm’s most recent 13F filing with the Securities and Exchange Commission, hinting at growing institutional interest in this unique investment vehicle.

Maritime Partners has officially completed its acquisition of Centerline Logistics, a leading marine transportation company operating on multiple U.S. coasts. First announced in June 2025 and closed in August 2025, this deal underscores Maritime Partners’ strategic expansion and management continuity at Centerline.

Li Ning Company Limited has announced its 2025 interim results, focusing on a strategy of “Single Brand, Multi-Categories, Diversified Channels.” The company’s emphasis on professionalism and reinforced foundations highlights its commitment to sustained growth and innovation.