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Keywords: Global trade
U.S. President Donald Trump has claimed that all commercial shipping would be allowed to transit the Strait of Hormuz except vessels linked to Iran, as tensions in the Gulf continue to draw international attention. In a post on his social media platform, Truth Social, Trump stated that the strategic......
China has expressed deep concern over renewed military tensions in the Gulf region, urging all parties to exercise restraint and safeguard freedom of navigation through the Strait of Hormuz, one of the world's most strategically important maritime corridors. Speaking at a regular press briefing,......
Rising tensions around the Strait of Hormuz are drawing renewed attention to the strategic importance of the Strait of Gibraltar, reinforcing Morocco's role as a key gateway for global maritime trade and international logistics. The Strait of Hormuz remains one of the world's most critical energy......
Maritime traffic through the Strait of Hormuz fell to its lowest level in several weeks on Sunday, highlighting the growing impact of heightened geopolitical tensions on one of the world's most important energy corridors. According to maritime tracking data, only six vessels crossed the strategic......
French shipping giant CMA CGM is considering scrapping one of its container vessels after it sustained extensive damage in a missile strike during the recent conflict in the Strait of Hormuz, according to the company's chief executive. Speaking at a business conference in southern France on Friday,......
The United States is preparing to formally initiate a long-term withdrawal process from the U.S.-Mexico-Canada Agreement (USMCA), a move that would trigger a decade-long countdown toward the potential end of one of the world’s largest free trade zones. According to the reported plan, the U.S.......
Global demand for liquefied natural gas (LNG) is on course for substantial long-term growth, with consumption expected to increase by approximately 65% by 2050 as Asian economies accelerate their energy transition and electricity demand continues to climb. According to Shell's latest annual LNG......
Global maritime transport costs have climbed to their highest level in two years, according to financial data cited by the Financial Times, reflecting growing pressure on international supply chains amid renewed trade uncertainty. Industry analysts report that freight rates have risen sharply on major......
Turkey is urging Islamic countries to strengthen economic integration and expand cooperation in trade, investment, and industrial production in order to increase their collective share of the global economy. Speaking at a gala dinner held during Islamic Chamber of Commerce and Development meetings in......