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Iran-Israel Conflict Sparks Global Market Turmoil and Oil Price Surge

Iran-Israel Conflict Sparks Global Market Turmoil and Oil Price Surge

By Newsroom on 15 June 2025 The recent military escalation between Israel and Iran has sent shockwaves through global markets, raising concerns over the potential for a broader regional conflict. Israel’s airstrikes on Iranian military and nuclear...

Dalian Port Trade Link

Dalian Port Trade Link

One of China’s major trade gateways lies in the north-east province of Liaoning- The Dalian Port. As global trade shifts and adapts to new demands, the port plays a key role in connecting China to international markets. Located on the Yellow Sea...

Trade to inflation, how Iran-Israel conflict may affect India, markets

Trade to inflation, how Iran-Israel conflict may affect India, markets

Just as global shipping lines and traders had begun to breathe a sigh of relief from elevated freight rates, with vessels returning to the crucial Red Sea route from the longer Cape of Good Hope passage, a direct conflict between two major West...

From savanna to mega market, African goods gain popularity in China

* China had been Africa's largest trading partner for 16 consecutive years by the end of 2024. * A growing number of African products are entering the Chinese market. * China imported 15.83 billion yuan worth of agricultural goods from Africa in...

City Council agrees to a raise for city employees and funding for MATA

City Council agrees to a raise for city employees and funding for MATA

In a change to the proposed FY2026 budget, Memphis Mayor Paul Young and city council members agreed to add a 3% across the board raise for full-time city employees during the Tuesday, June 10 meeting. Sign up for our free newsletter. Members also...

Fertiliser reaches Gwadar via transit trade

Fertiliser reaches Gwadar via transit trade

Listen to article ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday welcomed the successful berthing of the second Afghan transit trade ship at Gwadar Port. The vessel, carrying 20,000 metric tons of...

Lagos-Calabar highway will cut logistics cost by 15%, says NOA

Lagos-Calabar highway will cut logistics cost by 15%, says NOA

The National Orientation Agency (NOA) says the ongoing construction of the Lagos-Calabar coastal highway will serve as a transformative infrastructure project, driving economic growth and national integration. In its weekly publication, The...

Red Sox Trade Idea Deals $22 Million Closer For Top Catching Prospect

Red Sox Trade Idea Deals $22 Million Closer For Top Catching Prospect

The reigning World Series champion Los Angeles Dodgers have not looked like a championship contender recently. In fact, the club with the highest payroll in baseball — nearly $337 million — has been less than a .500 team in June, winning just five...

Gwadar port emerges as key trade hub for Afghanistan

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry on Saturday welcomed the successful berthing of the second Afghan Transit Trade Ship at Gwadar Port. The vessel, carrying 20,000 metric tons of Di-Ammonium Phosphate (DAP)...

Second Afghan transit ship docks at Gwadar with 20,000 tons of DAP

Second Afghan transit ship docks at Gwadar with 20,000 tons of DAP

ISLAMABAD: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, welcomed the berthing of the second Afghan Transit Trade Ship at Gwadar Port. The vessel carried 20,000 metric tons of Di-Ammonium Phosphate (DAP) fertilizer and...

OPINION: Diaz – The future of shipping, charting a new

OPINION: Diaz – The future of shipping, charting a new

The global shipping industry, a cornerstone of international trade, is at a pivotal moment as it grapples with technological advancements, environmental concerns, and evolving market demands. With significant revenue generation and a vast network...

Kuwait confirms local market stability amid regional tensions

Kuwait confirms local market stability amid regional tensions

Kuwait capable of facing emergencies, without affecting availability of goods for citizens, residents: Ministry KUWAIT: After the Zionist entity’s attack on Iran on Friday, which prompted swift retaliation and heightened regional tensions, Kuwaiti...

Oman, Uzbekistan ink deals to expand air links, trade

Oman, Uzbekistan ink deals to expand air links, trade

Tashkent, Uzbekistan – Oman and Uzbekistan have signed agreements to expand air transport rights and strengthen logistical cooperation, aiming to boost trade and investment ties between the two countries. The accords were reached during the fifth...

Market tumbles after Iran attack

Market tumbles after Iran attack

NEW YORK -- Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P...

Oman, Uzbekistan strengthen trade and investment ties

Oman, Uzbekistan strengthen trade and investment ties

TASHKENT: The Sultanate of Oman and the Republic of Uzbekistan have pledged to deepen cooperation across a wide range of sectors, following the conclusion of the fifth session of the Omani-Uzbek Joint Committee held in Tashkent. The Omani...

Why 11-home scheme won’t be built near market town

Why 11-home scheme won’t be built near market town

A plan to demolish a large house in grounds near a market town and replace it with 11 new houses has been refused permission. Butler Wall Homes of Pontypool applied to knock down the six-bedroom Bridruthen, which sits in two acres off Bannuttree...

Omani market declines amid regional geopolitical tensions

Omani market declines amid regional geopolitical tensions

Muscat: The Omani stock market posted a negative performance during the week, declining by 0.78%. Its performance was similar to other markets in the region, with a fall on the last day of trading impacted by the latest geopolitical developments,...

African countries excluded as China expands visa‑free transit to 55 nations

African countries excluded as China expands visa‑free transit to 55 nations

China's visa-free transit policy, which grants a 10-day stay for travelers in transit, now includes 55 countries but excludes all African nations—a move that has sparked disappointment and raised questions about Beijing’s travel diplomacy and its...

To be heard, workers need trade unions

To be heard, workers need trade unions

In a fast-changing economy like Bangladesh, the manufacturing sectors, especially RMG, underpin growth and integration into global value chains, playing a pivotal role. They employ millions, support rural-to-urban migration, and anchor the nation...

South Sudan suffers cargo losses due to poor trade handling – official

South Sudan suffers cargo losses due to poor trade handling – official

Author: Madrama James | Published: 60 minutes ago South Sudan customs points - courtesy South Sudan is losing a lot of cargo because people do not understand how international trade works, says Dr. John Deng, the Executive Secretary of the...

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