Keywords: Global trade
Coffee prices rose sharply in July, reaching their highest levels in six months as adverse weather conditions, strong global demand, and ongoing supply chain disruptions continued to pressure international agricultural markets. Market data showed that Robusta coffee futures increased by around 9% compared......
Diplomatic efforts to restore stability in the Strait of Hormuz appear to be gaining momentum as reports suggest that a temporary agreement could soon be announced. The proposed arrangement is expected to improve maritime security, support the free movement of commercial vessels, and reduce tensions......
Russia has expanded its search for alternative fuel supplies by importing a shipment of gasoline from Morocco as it works to address domestic fuel shortages caused by disruptions at several oil refineries. The move reflects Moscow’s broader strategy of strengthening fuel reserves while maintaining......
US President Donald Trump said Washington could use Iranian assets currently frozen under US control to compensate commercial vessels that suffered damage in the Strait of Hormuz, describing the proposal as a fair response to the losses incurred. Speaking to reporters aboard Air Force One on Monday,......
The European Union has announced it will formally demand explanations from Washington following the sudden imposition of new United States tariffs targeting dozens of international trading partners. European Union Foreign Policy Chief Kaja Kallas criticized the move, stating that the fresh customs duties......
Global oil markets faced renewed pressure on Thursday as escalating tensions in the Red Sea pushed crude prices sharply higher, with Brent oil climbing above the $100 per barrel threshold for the first time since May. The surge reflects growing concerns over potential disruptions to global energy supplies......
China is expanding its trade-opening strategy by extending tariff-free access to its domestic market to a total of 63 countries. The move is part of Beijing's broader efforts to strengthen international trade, diversify its commercial partnerships, and reinforce its position in the global economy. Alongside......
Maritime data indicate that growing security concerns linked to Houthi threats are beginning to affect shipping routes through the Red Sea, with several oil tankers reportedly avoiding the Bab el-Mandeb Strait following warnings of attacks on vessels in the strategic waterway. According to shipping......
Global trade maintained its growth momentum during the first half of 2026, supported largely by strong demand for high-technology products and services, according to the latest Global Trade Update published by the United Nations Conference on Trade and Development (UNCTAD). The report estimates that......
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