UK Trade Minister Urges Ambitious EU Reset Beyond Piecemeal Deals
Trade Minister Chris Bryant criticises the 'piecemeal' approach to UK-EU relations, advocating for a comprehensive vision including regulatory alignment and defence cooperation.
Category : Trade
Ella Baron Cartoon Satirises Trump Shipping Disruption
Ella Baron's editorial cartoon humorously depicts Donald Trump interrupting global shipping, offering a sharp critique of political interference in trade and logistics.
US Lifts Iranian Oil Sanctions to Ease Supply Pressures
The Trump administration has waived sanctions on Iranian oil at sea for 30 days, aiming to bring 140 million barrels to global markets and lower soaring prices ahead of midterm elections.
US Lifts Sanctions on Iranian Oil to Lower Global Prices
The US Treasury has temporarily lifted sanctions on Iranian oil at sea, allowing 140 million barrels into global markets to combat rising prices amid Middle East tensions.
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US Lifts Sanctions on Iranian Oil at Sea as Prices Soar
The US Treasury Department has issued a temporary waiver on sanctions for Iranian oil at sea until April 19, aiming to curb soaring global oil prices amid escalating Middle East conflict.
US Lifts Sanctions on Iranian Oil for One Month Amid War
The Trump administration issues a temporary license for Iranian oil already in transit, aiming to ease global supply pressures and lower prices as the conflict continues.
US Lifts Iranian Oil Sanctions to Curb Global Price Surge
The Trump administration has temporarily waived sanctions on Iranian oil shipments at sea until April 19, aiming to ease soaring global oil prices triggered by the US-Israeli war with Iran.
Georgia Suspends Fuel Taxes Amid Iran War Price Surge
Georgia becomes the first US state to suspend fuel taxes for 60 days, aiming to provide immediate relief at the pump as gas prices soar due to the Iran war. Governor Kemp signs the measure, returning millions to taxpayers.
Firm Paid Iran $2M for Safe Passage Through Strait of Hormuz
A shipping company allegedly paid Iran $2 million to secure safe transit through the Strait of Hormuz, as Tehran implements a selective blockade. Nations like India and China are negotiating directly with Iran for their tankers.
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US May Un-Sanction Iranian Oil to Lower Global Prices
Treasury Secretary Scott Bessent announces potential waiver for 140 million barrels of Iranian oil stranded at sea, aiming to increase supply and reduce prices amid Hormuz Strait closure.
Pacific Islands Fuel Crisis Amid Middle East War Oil Price Surge
Pacific nations like Samoa, Tonga, and Papua New Guinea appeal for international aid as soaring oil prices threaten economies reliant on imported fuel, with tourism and basic services at risk.
Hormuz Strait Closure Puts $1.2 Trillion Trade at Risk, UK Vulnerable
Austrian researchers warn that Iran's blockade of the Strait of Hormuz could devastate global supply chains, affecting $1.2 trillion in exports. Britain faces the highest exposure in Europe with $12 billion in annual imports at stake.
China-North Korea Trade Jumps 22% as Relations Strengthen
Bilateral trade between China and North Korea increased significantly in early 2026, with exports and imports rising as transport links resume after years of strain.
Trump's Gifted Shoes Not Made in US, Firm Sues Over Tariffs
President Trump's favourite Florsheim shoes, gifted to top aides, are manufactured overseas. The parent company is simultaneously suing his administration over controversial tariff policies.
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BMW Chairman Criticises EU's 'Made in Europe' Policy
Incoming BMW chairman Milan Nedeljković warns the EU's Industrial Accelerator Act and its 'Made in Europe' proposals threaten global trade and innovation, potentially harming UK exports.
Ghana Cocoa Crisis: Buyers Can't Afford Beans Despite Price Cut
Ghana's cocoa industry faces turmoil as licensed buyers lack funds to purchase beans from farmers, despite a government price reduction. The pricing mismatch leaves farmers unpaid and beans unsold.
UK Imposes Steel Tariffs to Shield Domestic Industry from Competition
The UK government has announced new tariffs on steel imports to safeguard the domestic industry, following concerns over unfair competition and job losses at Tata Steel's Port Talbot plant.
Russian Oil Heads to Cuba Amid Blackouts and US Pressure
Cuba struggles with nationwide blackouts as a Russian tanker carrying 730,000 barrels of crude approaches, while Donald Trump threatens to 'take' the island amid escalating US economic sanctions.
ACCC Investigates Diesel Supply and Price-Gouging Claims
Australia's competition watchdog is investigating major fuel suppliers over alleged anti-competitive conduct and diesel availability issues in regional areas, as a national fuel crisis deepens.
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Swiss Air Offers Cabin Crew £14k to Resign Over Staff Surplus
Swiss Air Lines is offering thousands of cabin crew a £14,000 payout to voluntarily resign due to a surplus of staff caused by fewer flights than planned.
Oil Prices Surge After Gulf Strikes Rattle Markets
Oil prices have surged dramatically following attacks on gas fields in the Gulf, stoking global fears. Iran has escalated strikes on energy infrastructure, while Saudi Arabia reports shattered trust.
Iran Allows Safe Oil Transit Through Hormuz for Diplomacy Partners
Iran is selectively permitting oil tankers to navigate the perilous Strait of Hormuz, with vessels from friendly nations like Pakistan and India receiving safe passage through diplomatic negotiations.
Strait of Hormuz: Past Conflicts That Disrupted Oil Flows
The U.S.-Israel war with Iran has again weaponized the Strait of Hormuz, halting oil traffic. This analysis explores historical disruptions from the 1980s Tanker War to recent ship seizures.
US Court Halts Investors' Bid to Trace Argentine Assets
A US appeals court has temporarily paused efforts by investors to identify Argentina's US assets to collect on an $18 billion judgment over the 2012 YPF nationalization.
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Fuel Theft Explodes as Middle East Crisis Pushes Prices to Records
Petrol drive-offs have jumped 30% in South Australia, with half of offenders being first-timers. Police urge prepaid systems as national cabinet plans a fuel tsar to address shortages.
China's $160bn Investment Squeezes Australian Minerals Exports
China is investing over A$160 billion in overseas critical minerals projects, reducing Australia's export role. A Western Australian lithium refinery closure highlights the competitive threat.
Slovakia Raises Diesel Prices for Foreign Drivers to Curb Fuel Tourism
Slovakia's government has approved a resolution allowing service stations to charge higher diesel prices for vehicles with foreign plates, aiming to curb fuel tourism amid global energy price surges linked to the Iran conflict.
Hedge Holiday Cash Against Volatile Exchange Rates
Learn how to use a hedging strategy to protect your holiday spending money from adverse exchange rate fluctuations due to global events like the Iran conflict. Experts advise splitting currency exchanges and avoiding airport fees.
Trump Waives Jones Act for 60 Days Amid Iran War Oil Crisis
The Trump administration suspends the century-old Jones Act shipping requirements for 60 days to mitigate oil market disruptions caused by the Iran war, aiming to lower gas prices and ease cargo delays.
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Trump Issues 60-Day Jones Act Waiver Amid Iran War Market Crisis
The Trump administration suspends Jones Act shipping rules for 60 days to counter oil price spikes and supply chain disruptions caused by the U.S.-Israel war with Iran, aiming to ease energy costs.
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