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Politics · United StatesSenate Majority Leader John Thune open to diesel export ban amid record prices
John Thune announced he is willing to explore a ban on diesel fuel exports, citing record‑high domestic prices and limited supply from conflicts in the Middle East and Ukraine. The United States is the world’s top diesel exporter, while Russia has already halted its shipments.
United States3 min readTrust 62 · Craft 62 · Hype 25
Conflict & Security · Middle EastQatar warns Bab el-Mandeb Strait closure would be catastrophic
Qatar has warned that closing the Bab el-Mandeb Strait would be catastrophic for global trade and energy markets. The warning comes as Houthi forces control Red Sea islands and the Strait of Hormuz remains blocked, intensifying regional tensions.
Middle East4 min readTrust 42 · Craft 65 · Hype 41
Business & EconomyWTO reform failure could shrink global GDP by 10% by 2050
Failure to reform the World Trade Organization could reduce global GDP by approximately 10% by 2050, according to a new WTO report. The organization faces challenges from geopolitical tensions and shifts in trade dynamics.
3 min readTrust 86 · Craft 95 · Hype 22
Politics · ChinaModi urges BRICS to cut trade barriers, secure sea lanes
Prime Minister Narendra Modi addressed the BRICS Business Forum, calling for the removal of trade barriers and emphasizing the importance of secure sea lanes for global trade. He highlighted the economic contributions of BRICS nations and India's role as a hub for growth and stability.
China3 min readTrust 42 · Craft 57 · Hype 41
Politics · Middle EastFive Iranian officials sanctioned by Canada over Strait of Hormuz disruption
Canada imposed sanctions on five Iranian officials, including senior Islamic Revolutionary Guard Corps members and a naval commander, for actions disrupting navigation in the Strait of Hormuz. The move follows Iran’s blockade of the waterway after joint U.S.-Israeli strikes in February, stranding 1,500 vessels.
Middle East5 min readTrust 80 · Craft 87 · Hype 15
Business & Economy · United StatesWhite House report names 40 countries aiding Chinese tariff evasion
The White House identified over 40 countries, including the EU, Mexico, and India, as risks for facilitating Chinese tariff evasion through illegal transshipment. A report estimates $60 billion in goods are involved, with India, Mexico, and Vietnam named as top hubs. The US plans AI-powered enforcement.
United States4 min readTrust 65 · Craft 55 · Hype 35