global trade

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Oil Shock Ripples Into Everyday Goods as Iran Conflict Lifts Costs

New York— Disruptions to global oil supplies linked to the conflict involving Iran are beginning to push up costs for

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LatestMiddle East and North AfricaNewsTop Stories

Iran alleges US ceasefire breach after ship seizure, threatens retaliation

Tehran — Iran accused the United States of violating a ceasefire after a U.S. naval vessel fired on and seized

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China Signals Broader Trade Engagement with Italy Amid Push for Economic Cooperation

Beijing— China is willing to expand economic and trade cooperation with Italy across multiple sectors, Commerce Minister Wang Wentao said

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Sanchez Flags ‘Unsustainable’ EU-China Trade Gap on Beijing Visit

Beijing — Pedro Sanchez said on Monday that China’s trade imbalance with the European Union was “unsustainable,” urging Beijing to

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Sanchez’s China Outreach Tests US Ties as Strategic Balancing Deepens

Madrid — Pedro Sanchez began his fourth visit to China in as many years on Monday, underscoring his push for

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Middle East and North AfricaNewsTop Stories

Trump Orders U.S. Navy to Begin Hormuz Blockade After Talks Collapse

Washington — Donald Trump said on Sunday that the U.S. Navy would “immediately” begin a blockade of the Strait of

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LatestMiddle East and North AfricaNewsTop Stories

Middle East War to Slow Global Growth, Raise Inflation, World Bank Warns

Washington — The war in the Middle East is set to slow global economic growth and push up inflation even

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LatestMiddle East and North AfricaNewsTop StoriesWorld

Trump Says Strait of Hormuz to Reopen Soon as Global Energy Disruption Persists

Washington— U.S. President Donald Trump said on Friday that the United States expects to reopen the Strait of Hormuz “fairly

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LatestMiddle East and North AfricaNewsTop Stories

Maersk Holds Back on Hormuz Shipping Despite Ceasefire Openings

Copenhagen — Shipping giant Maersk said on Wednesday that a two-week ceasefire between the United States and Iran may create

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LatestMiddle East and North AfricaNewsTop Stories

Jet Fuel Crunch May Linger Months After Hormuz Reopens, IATA Warns

Singapore — Global jet fuel supply could take months to recover even if the Strait of Hormuz reopens, the head

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