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Keywords: Global trade
The European Union has announced it will formally demand explanations from Washington following the sudden imposition of new United States tariffs targeting dozens of international trading partners. European Union Foreign Policy Chief Kaja Kallas criticized the move, stating that the fresh customs duties......
Global oil markets faced renewed pressure on Thursday as escalating tensions in the Red Sea pushed crude prices sharply higher, with Brent oil climbing above the $100 per barrel threshold for the first time since May. The surge reflects growing concerns over potential disruptions to global energy supplies......
China is expanding its trade-opening strategy by extending tariff-free access to its domestic market to a total of 63 countries. The move is part of Beijing's broader efforts to strengthen international trade, diversify its commercial partnerships, and reinforce its position in the global economy. Alongside......
Maritime data indicate that growing security concerns linked to Houthi threats are beginning to affect shipping routes through the Red Sea, with several oil tankers reportedly avoiding the Bab el-Mandeb Strait following warnings of attacks on vessels in the strategic waterway. According to shipping......
Global trade maintained its growth momentum during the first half of 2026, supported largely by strong demand for high-technology products and services, according to the latest Global Trade Update published by the United Nations Conference on Trade and Development (UNCTAD). The report estimates that......
The United States is preparing for the possibility of a new round of tariffs targeting several trading partners, raising concerns that global trade tensions could intensify under President Donald Trump’s administration. U.S. Trade Representative Jamieson Greer indicated that new trade measures......
Morocco has called for stronger trade cooperation among developing countries as global commerce faces growing uncertainty and increasing pressure on the rules-based multilateral trading system. Speaking in Geneva, Omar Zniber, Morocco's Permanent Representative to the United Nations Office and......
India has instructed shipping companies, vessel managers and maritime recruitment agencies to halt the deployment of Indian seafarers on ships scheduled to transit the Strait of Hormuz, citing heightened security risks linked to renewed conflict in the region. The directive reflects growing concern......
Global oil prices moved higher as investors reacted to renewed geopolitical tensions in the Middle East, with developments around the Strait of Hormuz increasing concerns about potential disruptions to global energy supplies. Both Brent crude and West Texas Intermediate (WTI) futures recorded gains......