As tensions escalate between Israel and Iran, fears rise over potential Iranian action to close the Strait of Hormuz, a critical oil passageway. The implications for global oil prices and the economy could be profound.
U.S. strikes on Iranian nuclear sites could escalate tensions in the Middle East, potentially disrupting oil exports and causing a spike in energy prices. However, history suggests any disruption may be short-lived.
The U.S. military's recent strike on Iran's nuclear program raises questions about the future of oil prices. Analysts weigh the potential for increased prices against the backdrop of ongoing geopolitical tensions and their effects on oil exports.
In a significant move, the US and China have agreed to a framework aimed at easing trade tensions. Key discussions focused on rare earth minerals, crucial for technology manufacturing, as both nations prepare to present the deal to their presidents.
In a pivotal phone call, Trump claims success in easing trade tensions with Xi, but underlying issues suggest China holds the upper hand. With rare earth exports at stake, the stakes are high for both leaders.
High-level delegations from the US and China met in London to address trade tensions, focusing on tariffs and rare earth elements amidst concerns of an economic fallout. Will they reach an agreement?
China's exports growth fell short of expectations in May, primarily due to a steep drop in shipments to the U.S. Despite a trade truce, tensions remain high as both nations prepare for renewed negotiations.
The UK dodges a significant increase in steel and aluminium tariffs imposed by President Trump, maintaining the current rate of 25% while negotiations continue for a future trade agreement. Is this a win for British businesses?
The U.S. manufacturing sector contracted for the third straight month in May, raising concerns among industry leaders. New orders, production, and employment continue to decline, while prices for raw materials are on the rise, creating a challenging environment for manufacturers.
Tensions between the US and China have intensified as both nations accuse each other of violating a recent trade agreement. With tariffs skyrocketing and critical mineral exports at stake, the future of their trade relations hangs in the balance.
