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Global Trade & Economics: Page 12

The U.S. Blockade Is Forcing Iran’s Energy Tankers to Zig-Zag and U-Turn

The U.S. restored a blockade against Iranian shipping on July 14, a step that all but halted Tehran’s crude exports when it was imposed previously.

A U.S. service member watches a ship transit the Arabian Sea. Source: U.S. Navy

China Slams U.K.’s Nationalization of British Steel

The decision threatens to strain the relationship between London and Beijing, just as Andy Burnham is set to become the prime minister on July 20.

Photo: Bloomberg

Kenya Court Backs Import Levy to Fund China-Backed Rail Project

Kenya has been banking on the levy to restart work on the China-built and funded project that runs from Mombasa, but stalled in a scrubland west of Nairobi.

The Mombasa-Nairobi Standard Gauge Railway in Nairobi. Photographer: Patrick Meinhardt/Bloomberg

Thailand, Argentina Lead Next Wave of Rising Manufacturing Hubs

By shifting to these countries for sourcing, manufacturers can spread production across a wider range of markets and reduce their exposure to geopolitical and trade risks.

Photo: iStock / Drazen_

Xeneta: Peak Season for Ocean Freight Started Two Months Early

A bulge in demand was caused by shippers trying to get ahead of increasing bunker fuel prices, ironically causing a spike in freight rates.

Photo: iStock/eyewave

TSMC Looks to Invest Another $100B in U.S. Chipmaking

The investment will go toward four new chip fabrication factories in Arizona, and will likely be included in a 900-acre campus the company purchased earlier in 2026.

Photo: iStock / BING-JHEN HONG

Trump Officials Move Toward Renewing Jones Act Waiver

Trump first granted the relief for some 659 products in March, then extended it a month later, in the face of pressure from oil and chemical industry officials.

Photo: iStock / photosvit

Simultaneous Disruptions Rattle Global Oil Markets

Of particular concern is diesel, which Oxford Economics described as the fuel most exposed to the supply strains because of its central role in freight transportation.

Image: iStock/imagedepotpro

Port of Los Angeles Sees Record Cargo Volumes in June 2026

June was the port's third strongest month on record, and the third time it has ever crossed the 1 million TEU threshold.

Photo: iStock/halbergman

U.S. Treasury Department Takes Aim at Iranian Oil Shipping Network

Any assets sanctioned companies hold under U.S. jurisdiction are now frozen, while U.S. businesses are prohibited from doing business with them.

Photo: iStock / HeliRy

Oil Supertankers Increasingly Bear Brunt in Hormuz Ship Attacks

The IMO’s secretary general told Bloomberg Radio that ships should continue to avoid navigating Hormuz because of the current level of navigational risk.

Photo: Bloomberg

The Burden of Uncertainty: How North American Businesses are Shaping Their Response to Tariffs and What Trade Volatility Really Costs

In 2026, Purolator commissioned HelloInfo to survey 348 shipping and logistics decision-makers in Canada and the United States across industrial, retail, healthcare and technology supply chains. The goal: to understand how Canadian and American businesses are navigating an increasingly uncertain trade environment.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

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