Australia's Fuel Security Relies on Asian Trade Negotiations
Australia seeks supply guarantees from Asian partners like Singapore and Japan to avert fuel shortages, potentially delaying a new gas windfall profit tax amid delicate trade negotiations.
Category : Trade
23 EVs Avoid Luxury Car Tax After UK Threshold Increase
A government policy change raising the expensive car supplement threshold to £50,000 for EVs means 23 models, including Audi, BMW, and Tesla, now avoid a £425 annual surcharge.
Local UK Food Favourites Become Shippable Delicacies
British local food favourites are now being shipped worldwide, transforming markets and boosting the economy. Innovations in packaging and logistics enable global reach.
Haulage Busts Double Since Brexit, Sparking Price Fears
Government data reveals 2,051 haulage companies collapsed between 2021-2025, nearly double pre-Brexit figures, threatening supply chains and consumer costs amid EU border changes.
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French Tech Delays Spare Eurostar from EU Biometric Checks
Cross-Channel travellers on Eurostar, ferries, and the Shuttle will avoid new EU biometric checks due to French technological delays, easing Easter chaos fears. Wet stamping continues for now.
French Ship Passes Hormuz Strait Amid Global Shipping Crisis
A CMA CGM vessel and three tankers have navigated the Strait of Hormuz, defying an Iranian blockade that threatens global oil, gas, and fertiliser supplies, as international leaders debate solutions.
Amazon Adds Surcharge for Sellers Due to Iran War Costs
Amazon introduces a 3.5% temporary surcharge for third-party sellers, citing increased fuel and logistics costs from the Iran war, effective from April 17 in the US and Canada.
Passport Fee Rise: Act Before April 8 to Avoid Higher Costs
UK passport holders must renew before April 8 to avoid an 8% price increase, with adult online fees exceeding £100 for the first time. Delaying could mean pricier travel this summer.
Hormuz Strait Blockade Threatens UK Food and Medicine Supplies
The closure of the Strait of Hormuz by Iran is causing global supply chain disruptions, with UK shoppers potentially facing price hikes on peppers and other items within weeks, while medicine shortages loom due to rising energy costs and transport blockag
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Trump Threatens 100% Tariffs on US Drug Makers
Donald Trump proposes 100% tariffs on branded pharmaceuticals unless companies lower prices, with exemptions for generics and specialty drugs from trade partners.
Hormuz Blockade Triggers Global Fertiliser and Food Crisis
The Strait of Hormuz blockade disrupts a third of global fertiliser trade, risking record hunger levels and soaring food prices as production halts and costs surge worldwide.
Iran Missile Attacks Target Israel and Gulf Amid Explosions in Tehran
Iran fired missiles at Israel and Gulf nations while explosions were heard in Tehran and Isfahan, causing oil prices to surge as the US reinforces its Middle East military presence.
Amazon Adds 3.5% Surcharge for Sellers as Iran War Fuels Costs
Amazon will impose a temporary 3.5% fuel and logistics surcharge on third-party sellers from April 17, citing increased costs due to the ongoing war in Iran, with similar moves by UPS and FedEx.
Trump's 100% Pharma Tariff Threatens Australia's $1.6bn Exports
US President Donald Trump has imposed a 100% tariff on pharmaceutical imports, directly impacting Australia's $1.6 billion annual exports. The policy offers a reduction to 20% for companies relocating operations to the US.
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Iran's Hormuz Blockade Spurs De-Dollarization and Economic Change
Iran's blockade of the Strait of Hormuz has driven up oil and gas prices, accelerating de-dollarization and challenging US global power through yuan-based trade.
Fish and Chips Price Crisis Hits Australia Hard
The cost of Australia's beloved fish and chips meal is skyrocketing due to fuel price hikes and supply chain issues, impacting consumers nationwide.
Australia Sends Farming Delegation to China Over Fertiliser Ban
Australian farming representatives have been dispatched to China after Beijing halted vital fertiliser exports, threatening the nation's food production and supply chains.
Trump's Iranian Oil Ambition Exposes Fossil-Fuel Imperialism
Donald Trump's repeated calls to seize Iran's Kharg Island oil hub highlight a belief in fossil-fuel imperialism, experts say, risking global economic turmoil and legal violations.
EU Confronts China Over E-Commerce Product Safety
European Union lawmakers visit China for the first time in eight years, pressing officials on dangerous goods from platforms like Shein and Temu, amid customs reforms.
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South Korea and Indonesia Boost Defence and Energy Cooperation
South Korea and Indonesia have agreed to expand cooperation in defence industries, technology, and supply chains, with a focus on energy and critical minerals, as Middle East conflicts disrupt global markets.
Drone Attack on British Oil Facility in Iraq Amid Iran Tensions
A British motor oil company in Erbil, Iraq, was struck by drones, causing a massive fire. The attack occurs as Iran threatens British bases and regional tensions escalate, impacting global oil markets.
EU Challenges China Over Dangerous Products on Temu and Shein
European Union lawmakers have raised concerns about unsafe goods from Chinese e-commerce platforms during their first parliamentary visit to China in eight years.
EU Border System EES Causes Airport Delays and Missed Flights
New EU biometric checks under the Entry/Exit System (EES) are causing severe airport queues, with travellers reporting missed flights due to inflexible bag drop times and increased processing delays.
Cuban Family's Struggle Under US Oil Embargo and Crisis
A Cuban family in Havana faces hunger and blackouts due to a US oil embargo and economic crisis, relying on donations and the black market for survival.
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Houthi Threat to Bab al-Mandab Strait Risks Global Economy
The Bab al-Mandab strait faces Houthi threats, potentially blocking oil tankers and disrupting global trade, with Brent Crude prices soaring amid Middle East tensions.
Russian Oil Tanker Docks in Cuba, Evading US Sanctions
A Russian vessel carrying 730,000 barrels of oil has arrived in Cuba, the first such delivery in three months, permitted despite US energy sanctions amid Cuba's severe crisis.
Russian Oil Tanker Delivers 700,000 Barrels to Cuba
A sanctioned Russian tanker, the Anatoly Kolodkin, has arrived at Cuba's Matanzas port with 700,000 barrels of oil, the first major crude shipment since US fuel cuts.
Houthi Threat to Bab-al-Mandab Strait Could Trigger Global Economic Crisis
The strategic Bab-al-Mandab Strait faces Houthi rebel threats, potentially disrupting global oil shipments and worsening economic turmoil amid Middle East tensions.
Tax Trap Forces Owners to Scrap Ford, VW, Vauxhall Cars
New data reveals a sharp increase in older cars being scrapped as Vehicle Excise Duty rises make annual tax bills exceed vehicle values, with some owners facing nearly £800 per year.
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Iranian Drone Attack Sets Kuwaiti Tanker Ablaze in Dubai Port
An Iranian drone strike has set fire to the Al Salmi crude oil tanker at Dubai port, causing hull damage and raising environmental concerns, though authorities confirm no leak occurred and all crew are safe.
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