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Navigating the Storm: How the Israel–Iran Conflict Is Reshaping Global Maritime Shipping The escalating tension between Israel and Iran has rung alarm bells for the entire maritime shipping world, placing significant emphasis on important sea lanes and changing the patterns of international shipping. Between threats to the Strait of Hormuz
President Trump’s abrupt decision to double U.S. import tariffs on aluminum from 25% to 50% (effective June 2025) has sent shockwaves through the global metals market. Crucially, the tariff excludes aluminum scrap, recognizing it as a vital raw material for U.S. manufacturers. This carve-out means U.S. buyers can import scrap
Standard Chartered predicts that the United Arab Emirates (UAE) will exceed the global growth average and achieve a strong annual export growth rate of 5.5 percent, surpassing Dh2 trillion by 2030. In its recent research report titled "Future of Trade: New opportunities in high-growth corridors," the prominent global banking group