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Global Trade & Economics: Page 14

EU to Favor European Providers in Public Service Contracts

The commission is especially worried about the dependencies European operators continue to have on Chinese suppliers, particularly in the field of chips and rare earth minerals.

Photo: iStock.com/Alexandros Michailidis

Record-High U.S. Fuel Exports Are Straining Domestic Stockpiles

Stockpiles of diesel and other fuels have dwindled to the lowest seasonal levels in years, which may test the U.S.’s capacity to continue being supplier of last resort.

A pipeline runs toward oil Southbow storage tanks at the Cushing crude oil storage terminal in Cushing, Oklahoma. Photographer: Nick Oxford/Bloomberg

U.S. Defense Agency Seeks to Buy Up to $300 Million of Lithium

The U.S. Army recently struck deals with several companies to build processing plants for critical minerals on military bases around the country.

Lithium ion battery modules. Photo: iStock.com/Pasha Pechenkin

Supply Chains Brace for Looming Threat of Super El Niño

The warning signs are already clear enough that businesses should begin evaluating where their supply chains remain most exposed to climate risks.

Photo: iStock/Hoptocopter

Tankers Trickle Through Hormuz After Trump Says Truce Over

Shipowners are increasingly having to weigh not only whether to cross, but which route to choose, for fear of angering one side or the other.

Photo: Bloomberg

Hormuz Sees Biggest Day of Attacks Since U.S.-Iran Peace Deal

The spate of incidents is a reminder of the continued risks to ships crossing through Hormuz, even with military forces protecting vessels crossing by a route near Oman’s coastline.

Vessels remain anchored off Port Sultan Qaboos, on June 20. Photo: Bloomberg

Canada Proposes New West-East Oil Pipeline to Bypass U.S.

The pipeline would run more than 2,000 miles from Hardisty, Alberta, to Sarnia, Ontario, while carrying as many as 500,000 barrels of oil daily.

Photo: iStock / onurdongel

U.S. Revokes Authorization for Iranian Oil Sales

The U.S. had issued what was supposed to be a 60-day authorization in late June, as part of a tenuous peace agreement with Iran to reopen the Strait of Hormuz.

Image: iStock/Tomas Ragina

Chinese Supply Chains Focus on Flexibility in 2026

The report suggests that Chinese companies are looking to spread risk across more suppliers and markets, while using technology to help manage that added complexity.

Photo: iStock/Fahroni

Hormuz Strike Threatens Progress on Europe’s De-mining Mission

Industry groups have cautioned that even though a ceasefire between the U.S. and Iran remains in place, the presence of mines is a major risk for ships.

Photo: Elke Scholiers/Getty Images via Bloomberg

Indonesia, Singapore Reaffirm Free Passage in Strait of Malacca

The two countries have a vital interest in maintaining security in the straits, including from accidents and piracy, Indonesian President Prabowo Subianto said.

Photo: Bloomberg

Forced Labor Laws Become a Growing Supply Chain Risk

U.S. Customs detained 42,000 shipments worth nearly $4 billion under the Uyghur Forced Labor Prevention Act between June 2022 and February 2026.

Photo: iStock.com/TRAVELARIUM

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