And the news app where you can find all of the latest developments and background to our main story the plans by meghan and harry to step back as senior royals. Now on bbc news live to singapore for Asia Business report oil prices have cooled off global tensions are storing up chopping waters for the oil tanker industry. A new mobile video start up is about to be launched but will it survive ina to be launched but will it survive in a battleground of streaming rivals . It is thursday. Good morning, asia, hello, world. Iam rico hizon. Lets start off with the royal market because it has been a volatile week in response to a runs decision to attack airbases. Irani. Concern oil tankers making their way through the straight will be the next flashpoint between iran the us. There is a steady increase since october 2019 with escalated tensions and actually we have had weeks with exceptionally high rates for tankers and we are expecting that trend to continue increasing. At the same time, we al
Despite a reduction of 10.5 million tons from the original estimate, leaving total production well off the record of 138.8 million tons from 2021, the Brazilian Association of Vegetable Oil Industry did not change its processing forecast for this year, which is projected at 48 million tons with healthy margins in the manufacture of bran and oil.