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Global Trade & Economics: Page 32

Open or Closed? Conflicting Messages Abound About the Strait of Hormuz

U.S. Centcom added more confusion by sending a note to seafarers saying the blockade would only be enforced in waters east of the strait of Hormuz.

An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69

Trump Says U.S. to Seal Hormuz Strait, Severing Key Iran Lifeline

If Trump orders the Navy to blockade the strait itself, he puts U.S. assets in danger of Iranian missiles.

Photo: iStock / PeterHermesFurian

China to Ban Sulfuric Acid Exports as War Hits Supply

Sulfuric acid prices have been rising since the start of the Iran conflict, as it’s a product of oil and gas refining in the Middle East.

Photo: Bloomberg

CBP Expands Product Authentication Tech Program

The program addresses a growing challenge: the scale and sophistication of counterfeit goods entering global supply chains.

Photo: iStock/ugurhan

Asian Nations Push U.S. to Extend Sanctions Waiver on Russian Oil

European allies are pushing to limit any financial benefit to Russian President Vladimir Putin, and Asian nations are grappling with energy shortages from the war with Iran.

Photo: iStock.com/Alexey Bakharev

Shipping Remains Severely Constrained in Hormuz

The mechanism by which ship operators get permission from Iran to transit the strait remain unclear, over questions as to who is actually in charge.

Photo: iStock / Dimitrios Karamitros

Report: FCC Ban on Foreign Routers Misses Root Cause of Cyber Risk

Many of the vulnerabilities that make consumer routers attractive targets for hackers have little to do with where they are built.

Photo: iStock/alxpin

The Sunset of the ‘Neutral’ Hub: Singapore’s Reality Check

If Singapore doesn't pick up the pen and start drawing itself back into the narrative, we’ll find ourselves relegated to the footnotes of maritime history.

Cargo ships waiting in Singapore Harbor. Photo: iStock.com/IgorSPb

The Struggle to Diversify Rare Earth Supply Chains

China accounts for roughly 60% of global mined production of magnet rare earths, as well as more than 90% of refining, and 95% of permanent magnet production.

Photo: iStock / pingingz

Ireland Calls in Troops to Help Clear Road-Blocking Protests

The protests, now in their third day, are against high fuel prices caused by the U.S.-Israel war against Iran.

The Liffey river and O'Connell bridge in Dublin, Ireland. Photo: iStock/pawel.gaul

Delta Sees $2B Fuel Hit With CEO Cautious on Outlook

As the first major U.S. airline to report quarterly results, Delta is seen as a bellwether for the world’s biggest aviation market.

Photo: iStock.com/Sjo

Hyundai Reroutes Ships With Hormuz Blockage Disrupting Supplies

The shift is part of a broader plan to rework its operations to insulate the company from supply chain shocks, tariffs and geopolitical tension.

“Globalization is over. It’s completely over.” José Muñoz, chief executive officer of Hyundai Motor Co.

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Recycled Tagging Fasteners: Small Changes Make a Big Impact

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