Major shipping companies are increasingly shifting to overland transport routes as they seek alternatives to the Strait of Hormuz, the Financial Times reported, citing company executives....
The People’s Bank of China (PBOC) set the yuan’s exchange rate against the US dollar at its strongest level in more than three years on Thursday,...
The US President Donald Trump has announced a “full and complete” blockade of all sanctioned tankers involved in oil trade with Venezuela. Trump declared that he...
Despite extensive sanctions, the European Union has remained one of Russia’s three largest trading partners. According to data from the German Economic Institute (IW), trade between...
US President Donald Trump described the August 6 meeting between his special representative, Steve Witkoff, and Russian President Vladimir Putin as “productive.” In a statement on...
