Global trade

Iraq delays July public salaries as Strait of Hormuz blockade guts oil revenue

Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.

Shia Muslims gather along the Bayn al-Haramayn or "between the two sanctuaries", a 378-meter open marble-paved avenue linking the Imam Hussein Shrine and Imam al-Abbas Shrine, in the city of Karbala on August 4, 2026.
Belgian Prime Minister Bart De Wever walks as members of the parliament applaud, at the Belgian Parliament in Brussels, Belgium.

'Point of no return': Belgium becomes fourth European country to ban imports from West Bank

US President Donald Trump gestures after ringing the opening bell for the New York Stock Exchange (NYSE) and Nasdaq during an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, July 6, 2026.

Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached

Gas flares burn at the Rumaila oil field during an armed patrol by Iraqi Energy Police in Basra, Iraq, June 8, 2026.

Middle East reroutes its energy networks as region navigates shifting sands - analysis


Trump raises tariff to 15% after Supreme Court strikes down previous program

Trump announced the new tariffs in a Truth Social post, noting they would be effective "almost immediately."

US President Donald Trump speaks during a press briefing at the White House, following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, DC February 20, 2026.

Israel, Costa Rica sign FTA eliminating over 90% of tariffs, expanding bilateral trade

Israel and Costa Rica signed a Free Trade Area agreement on Monday, marking a significant milestone in economic cooperation between the two countries.

Truck and car on highway in front of stacks of shipping containers

Despite stigma, boycotts, Israel’s strength, global appeal have only grown - opinion

Boycott rhetoric grows, yet Israel’s economy and tech dominance show that the global demand for Israeli relations remains.

Passengers are welcomed by loved ones at Ben-Gurion Airport. ‘Two weeks before I’m set to fly to Tel Aviv, I barely speak of it – loath to provoke the anti-Zionist aggressions,’ says the writer.

India-Israel pact could herald new era of tech development and strategic power - opinion

With India’s scale and Israel’s innovation, the two nations are forming an alliance that could drive advancements in AI, quantum tech, and cyber defense, shaping global geopolitics by 2035.

PRESIDENT ISAAC HERZOG meets with India’s Prime Minister Narendra Modi at the World Climate Action Summit in Dubai, 2023. India and Israel are together scripting a playbook for a new era, the writers maintain.

Food self-sufficiency unfeasible for Israel, new research shows

While Israel could produce enough plant-based foods for survival, full self-sufficiency would come at a staggering cost and be reliant on vegetative food production.

FARMERS AT Moshav Sde Nitzan, in the northern Negev.

Afghanistan shifts trade to Iran route to avoid Pakistan closures

Afghanistan's reliance on Pakistan's ports has long given Islamabad leverage to press Kabul over Pakistani militants sheltering across the border.

Men sort tomatoes at a wholesale vegetable market, as prices of various vegetables and fruits rose after Pakistan closed border crossings with Afghanistan following exchanges of fire, and a ceasefire deal was later agreed upon by the two nations, in Peshawar, Pakistan, October 23, 2025.

US Supreme Court casts doubt on legality of Trump's global tariffs

US Supreme Court questions whether Trump can use a 1977 law intended for national emergencies to impose his global tariffs without congressional approval.

Demonstrators protest outside the US Supreme Court in Washington, November 5, 2025.

Global Shifts and Financial Fortresses: An Expert View on Today's Markets

Global conflict drives historical asset shifts. Expert Chris Macintosh highlights US moves to secure Western Hemisphere resources, pointing to commodities and cheap South American equities.

Global Shifts and Financial Fortresses: An Expert View on Today's Markets

Trump sets 10% hike in tariffs on Canada after ad airs during World Series

Trump announced the higher tariffs in a Truth Social post on Saturday, citing an ad featuring former President Ronald Reagan saying that tariffs cause economic disasters as the reason.

US President Donald Trump meets with Canada's Prime Minister Mark Carney in the Oval Office at the White House in Washington.

'New world order' awaits results of China-India rapprochement - analysis

This meeting potentially shifted international dynamics between the non-Western superpowers.

Defense ministers from across the world, applaud following a group photo, before the Shanghai Cooperation Organisation (SCO) Defence Ministers' Meeting in Qingdao, Shandong province, China June 26, 2025.