Global trade
Are the Houthis Iran’s last gaming card? – opinion
Weakening the Houthis – Iran’s strongest proxy left – can alleviate the current pressure on Saudi Arabia, Red Sea shipping, Israel, and the region at large
Gulf states pay the price as shipping crisis exposes costly dependence on the Strait of Hormuz
For Israel, peace with Saudi Arabia is not worth a nuclear arms race in the Middle East - opinion
Iraq delays July public salaries as Strait of Hormuz blockade guts oil revenue
'Point of no return': Belgium becomes fourth European country to ban imports from West Bank
This makes Belgium the fourth European country with an import ban on Israeli settlements. Spain was first in September 2025, followed by the Netherlands and then Ireland.
Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached
The president said, "We freed up the blockade because we're close to maybe making a deal - I don't know, look - we're going to win one way or the other."
Middle East reroutes its energy networks as region navigates shifting sands - analysis
Investments in new pipelines and energy products will be a key feature in the new regional order.
China issues sweeping new controls of overseas trade, counter sanctions with new restrictions
The rules, published by the State Council, will take effect from July 1. One of the most significant articles requires authorization for exports of restricted Chinese goods, technologies, and data.
Elbit Systems secures $1.4b. European defense contract as backlog passes $30b.
The multi-domain package includes autonomous unmanned vehicles, ground-based electronic warfare solutions, precision-guided artillery, and advanced reconnaissance systems.
Modi-Meloni meeting puts Italy at center of India’s Europe strategy
Rome has become a useful European partner for India as both countries seek deeper cooperation on trade, technology, ports, defense, and the India-Middle East-Europe Economic Corridor
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a US executive order issued on May 1.
Global food supply under threat by continuing Iran War
The disruptions have hit farmers entering key sowing periods, particularly those dependent on urea fertilizer and imported fuel.
Turkey, Syria, Jordan unveil Gulf-Europe rail corridor as Ankara pushes alternative trade routes
The proposed network would run from Europe through Turkey, continue across Syrian territory, and extend into Jordan, creating a continuous land bridge between Mediterranean ports and Gulf markets.
Closing the Strait of Hormuz could bankroll a new Iranian government - opinion
Sanctioned Iranian oil offers the opposition a rare chance to challenge the regime and stabilize global oil prices.
