Egypt’s garments exports carve out 15% increase despite volatile geopolitics
As per the Apparel Export Council of Egypt (AEC), the sector’s exports reached approximately USD 1.15 billion between January and April 2026...
Tag : Strait of Hormuz
South Africa to meet fiscal targets despite Iran war, says government
National Treasury Director-General Duncan Pieterse said there have been significant improvements in debt management and fiscal discipline...
IF Insights: Airlines face grounding risk as Iran war pushes jet fuel price higher
As per industry executives, even if the Strait of Hormuz reopens, cost impact on jet fuel will persist due to reduced refining capacity in the Middle East...
Cooperation key in maintaining global shipping resilience, says Ningbo forum
At the 10th Maritime Silk Road Port Cooperation Forum, Jin Jingdong, chief planner of China's Ministry of Transport, called for stronger cross-border cooperation...
Iran war, weak yen make Japan’s crude import troublesome affair
Japan, the world's fifth-largest oil importer, got just 850,000 bpd of crude oil in April, against the established capacity of over 2.3 million bpd...
Iran effect looms on Toyota as automaker records sales slump
Despite weathering the Iran war better than its global peers, Toyota still witnessed more than 90% export slump in the Middle East...
Uptick in LNG investments, gloom for oil: Key points from IEA report
IEA sees investments worth USD 2.2 trillion going to renewables, energy storage, power grids and low-emission fuels in 2026...
UAE accelerates West-East Pipeline project to reduce Hormuz dependence
The West-East Pipeline project has been tasked with the goal of doubling the UAE's energy export capacity via the port of Fujairah by 2027...
United Nations revises forecast for global economic growth
As per the United Nations, a surge in energy prices has intensified cost pressures for households and businesses...
China witnesses growth loss due to Iran war disruptions
China's factory output grew 4.1% from a year earlier (slowest growth since July 2023), compared with a 5.7% rise in March...