The United States is considering halting diesel exports, which could raise prices globally and increase pressure on the U.S. bond market.
Source: P4P Global Desk
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The cost of hiring an oil tanker on the benchmark trade route has soared to $1 million per day for the first time in history
Source: P4P Global Desk
Mexico and Washington move toward bilateral trade deal before US elections
Source: Reuters ↗
Fed, eyeing inflation data, may lean toward a hike, traders bet
Source: Reuters ↗
BREAKING: 🇮🇱 Twelve countries, mostly from Europe, issued a joint statement announcing national bans on trade in goods from illegal Israeli settlements in the West Bank:
Source: P4P Global Desk
Shipping traffic through the Strait of Hormuz slowed as Iran warned of retaliation for further US attacks, keeping pressure on a waterway central to global energy trade.
Source: Reuters ↗
Pakistan and Oman are planning a sister-port arrangement linking Gwadar and Sohar, aimed at creating a more direct maritime connection between CPEC, Gulf and Central Asian markets.
Source: Dawn ↗
China’s exports rose 25% year-on-year in August while imports increased 28.2%, with strong high-tech and AI-related demand supporting external trade.
Source: Reuters ↗
Chinese President Xi Jinping and UK Prime Minister Andy Burnham discussed pragmatic cooperation, open trade and areas of disagreement in their first publicly known call since Burnham took office.
Source: Reuters ↗