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Keywords: Exports
Freight rates for tankers carrying Saudi crude from Yanbu on the Red Sea to Asia collapsed this week. They fell from over $450,000 per day in early March to about $200,000 per day. A growing fleet converged on this Saudi export hub after the Strait of Hormuz closure disrupted global oil logistics. The......
U.S. suppliers have shipped roughly 30,000 barrels of fuel to Cuba’s private sector so far this year, according to shipping data and official documents reviewed by Reuters. The move highlights Washington’s effort to favor private businesses over state-run enterprises under its ongoing oil......
China stated on Wednesday that Mexico's recent trade measures, including significant tariff increases, represent barriers to trade and investment and affirmed its right to adopt countermeasures. The increased import duties affect more than $30 billion in Chinese exports to Mexico. The Chinese Ministry......
Morocco is solidifying its role in the electric vehicle sector, building on its reputation as a hub for vehicle assembly. The country is increasingly integrating into European value chains, while domestic electric car sales, though still small, are growing rapidly. Local assembly includes models such......
Thailand has been given until April 15 to submit its response to a United States trade investigation under Section 301 of the Trade Act of 1974, according to the country’s commerce ministry. Officials warned that failure to provide a detailed explanation could expose Thai exports to additional......
The euro zone recorded a trade deficit of 1.9 billion euros in January 2026, sharply missing expectations for a surplus and highlighting mounting pressure from transatlantic trade tensions, according to Eurostat data released on March 20. The deficit widened from 1.4 billion euros a year earlier, while......
Switzerland has announced that it will temporarily halt weapons exports to the United States due to ongoing military actions involving Iran, citing its longstanding policy of neutrality. The Swiss government stated that licenses for exporting war materiel to countries engaged in the conflict cannot......
Germany has announced a temporary easing of its arms export regulations to accelerate the delivery of defense equipment to several Gulf countries and Ukraine, reflecting growing security concerns in the region. Speaking in Berlin, Economy Minister Katherina Reiche stated that the move aims to respond......
Denmark’s supreme court has dismissed a lawsuit filed by four non-governmental organizations challenging the country’s arms exports to Israel, ruling that the groups lacked the legal standing required to bring the case. The complaint, submitted by several NGOs including Amnesty International......