Shipping traffic through Hormuz remains low amid stalled US-Iran talks
Commercial shipping traffic remained low around the Strait of Hormuz over the past 24 hours ending at 1200GMT on Monday […]
Global Trade
The China-Africa Entrepreneurs Summit calls for closer China-Africa business cooperation.
Senior government officials and business leaders at the China-Africa Entrepreneurs Summit have urged stronger cooperation between both regions to drive
Maersk halts container shipments, shaking vital Horn of Africa trade route
A.P. Moller–Maersk, one of the world’s largest container shipping companies, has temporarily stopped accepting new bookings to and from Somaliland’s
Oman launches an investment bank in Angola to strengthen trade ties with Africa
Oman has introduced a new corporate investment bank in Angola as part of a broader strategy to strengthen its financial
Malaysia deepens Namibia partnership on trade and energy
Malaysia is moving to deepen its economic and diplomatic ties with Namibia as the southern African country’s Minister of International
Oil prices rise after Trump says Iranian ship seized
Global oil prices rose in Monday morning trade in Asia after President Donald Trump said the US has intercepted and
Oil prices plunge as markets rally after Strait of Hormuz reopens
Global oil prices tumbled sharply on Friday while stock markets surged, after Iran announced the full reopening of the Strait
OPEC: Middle East oil production plummets due to Iran war
Oil production in the Middle East plummeted in March as the US-Israel war against Iran raged on. Traffic through the
UK signs multi-million-pound drone interceptor deal
The British government has signed a multi-million-pound contract with start-up firm Cambridge Aerospace to supply systems for intercepting drones, the
Nigerian onion exporters halt shipments to Ghana.
A new trade conflict has emerged between Nigerian and Ghanaian onion merchants, leading to a halt in cross-border shipments and