Its size is about $200 billion.. The war on Iran threatens precious metal trade in the Gulf
The ongoing conflict surrounding Iran is disrupting air and maritime navigation, impacting not just oil and gas but also the vital trade of precious metals in the Gulf region.
US Section 301 tariffs set to trigger fresh wave of trade disruption
The US Section 301 tariffs are anticipated to cause additional disturbances to global trade, potentially leading to retaliation and a breakdown of trade relations.
International shipping 'chaos' as Strait of Hormuz closure sends ripple effects across the globe
The closure of the Strait of Hormuz by Iran is causing significant disruption to global trade despite only a small percentage of goods passing directly through the strait.
Kenya: Kenya Risks Fertilizer Shortage As Hormuz Disruption Bites
Kenya is on the brink of a fertilizer shortage due to supply disruptions along the Strait of Hormuz, according to a UNCTAD report.
At stake is more than oil – supply chains are disrupted due to the war in Iran
The article discusses the disruption of supply chains due to the ongoing war in Iran, with a specific example involving a shipment of European cars unable to reach its destination.
The Director-General of the WTO: "We are witnessing the worst disruption of global trade since the world wars"
The Director-General of the WTO, Ngozi Okonjo-Iweala, highlights severe disruptions in global trade due to military interventions by the U.S. and Israel in Iran.
Iran Begins to Shape the Day After the War – and It Has a Partner
Iran is intensifying its strategy of disruption in the Gulf region, targeting trade routes and energy supplies amid ongoing tensions.
Hormuz, prolonged stop. The government alarmed for trade
The Italian government is increasingly alarmed about disruption in the Strait of Hormuz, which significantly impacts the import of liquefied natural gas to Italy.
Spain replies to Trump: 'Respect the bilateral agreements with the USA'
Spain has responded to former US President Donald Trump's statements regarding potential trade disruption, urging Washington to honor bilateral agreements with the European Union.
Oil prices jump as Iran war threatens shipping through strait of Hormuz
Oil prices surged sharply due to fears of disruption in global trade stemming from escalating military strikes involving the US and Israel against Iran.
The economic scenarios opened by the US-Iran war and its impact on Mexico
The recent coordinated attack by the US and Israel on Iran has sparked uncertainty in global markets, particularly affecting oil prices and the potential for disruption in energy and trade flows.
Lagarde: Any new US tariff plan should be well considered
European Central Bank President Christine Lagarde stressed the need for well-considered plans regarding any new US tariffs to avoid disrupting business activities.
China: Opposes Disruption of Existing International Economic Order – Comment on Trump’s Project Vault
China has expressed its opposition to any country that disturbs the international economic and trade order, in response to the US-organized 'Alliance for Critical Minerals.'
Tariff 'disruption' affects South Korea-US nuclear and submarine cooperation... Wi Sung-lak says 'security issues are delaying discussions'
US tariffs are causing delays in South Korea and the US's discussions on nuclear submarine cooperation and uranium enrichment due to intertwining trade and security issues.