Asia

Saudi Oil Deliveries to Asia Could Take 2.5 Times Longer

If the Bab-el-Mandeb Strait closes, tanker routes to Asia could take about 100 days round trip instead of 40, leading to higher transport costs.

Masato Kanda Re-elected as ADB President for Second Term

The Board of Governors of the Asian Development Bank unanimously supported the re-election of Masato Kanda as President. The new five-year term will begin on November 24, 2026.