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Global Trade & Economics: Page 37

White House Takes Crude Oil Export Ban Off the Table
A ban on oil exports could upend global markets, discourage shale drilling and end up not helping American drivers that much, experts say.
A crude oil tanker departs the Port of Corpus Christi in Corpus Christi, Texas. Photographer: Eddie Seal/Bloomberg
Saudi Arabia Revives Half Its Oil Exports with Hormuz Bypass
With the Strait of Hormuz all but closed, Saudi Arabia has been rerouting oil through a 1,200 kilometer pipeline to the western port of Yanbu.
Photo: iStock / PeterHermesFurian
Report: Space Launch Boom Risks Outpacing Supply Chain Capacity
More than 3,700 objects were launched into space in the United States in 2025, nearly 10 times as many as there were in 2019.
Photo: iStock / gorodenkoff
Trump Admin Waives Jones Act for 60 Days
The impetus behind the suspension appears to be simply an effort to shave a few pennies off the price of gasoline.
Photo: iStock / HeliRy
Argentina's Wine Sector Confronts Consumption Crisis
Argentina's annual wine consumption fell to 4.1 gallons per person in 2025, a far cry from the country's 1970 heyday when it averaged up to 24 gallons a person.
Photo: aywan88, iStock
Iran Conflict Pushes Diesel Prices to Highest Levels in Years
Average U.S. diesel prices sat at $5.04 per gallon as of March 17, marking a 34% increase from the first day of strikes by the U.S. and Israel against Iran.
Photo: iStock / peshkov
Shipping Insurance Costs to Cross Hormuz Soar After Ship Attacks
While the rates are high, it’s also a sign that cover remains available for the handful of vessels looking to cross the vital waterway.
An oil tanker in the Strait of Hormuz. Photographer: Kaveh Kazemi/Getty Images
U.S. and Mexico Start Preliminary Talks Over USMCA
The two sides expect to meet regularly in the days leading up to an official joint review of the USMCA on July 1.
Photo: iStock/MicroStockHub
U.S. Says It's 'Allowing' Iranian Tankers Through Strait of Hormuz
"We want the world to be well supplied," Treasury Secretary Scott Bessent said in an interview with CNBC.
Photo: iStock / 35007
U.S., Iran Keep Up Strikes as Trump Mulls Possibility of Deal
The Islamic Republic hasn’t asked for talks or a ceasefire after Trump told NBC on March 14 that he’s willing to make a deal but wants better terms.
Photo: iStock/TexBr
Greek Oil Tanker En Route to Russia Attacked in Black Sea
The attack on the Greek ship may be linked to “the pressure that countries in the region are applying,” Greek shipping minister Vasilis Kikilias said.
Photo: iStock / HeliRy
Two LPG Ships Sail Through Hormuz to Shortage-Hit India
The two ships were allowed passage through the strait — which has been all but closed for nearly two weeks — after a deal between New Delhi and Tehran.
India has been suffering acute shortage of LPG, used for cooking and industrial processes. Photo: iStock/pixelfusion3d
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