Emirhan Yilmaz and Emir Yildirim 17 July 2026•Update: 17 July 2026 Renewed US-Iran hostilities in the Middle East have reversed the gradual normalization of maritime trade through the Strait of Hormuz, disrupting shipping operations in the region once again. An average of 130 ships transited the Strait of Hormuz each day before the US-Israel-Iran war…
Israel’s Foreign Minister Gideon Saar and EU foreign affairs chief Kaja Kallas have frozen contacts after a push to restrict trade between the bloc and Israeli settlements triggered a war of words. Not only have the two senior officials gone weeks without speaking, but observers have told The National there is little chance of mending…
TV Berlin: Azerbaijan Is Germany’s Largest Trading Partner in South Caucasus – VIDEO TV Berlin, the capital’s television broadcaster, has aired an extensive report highlighting the growing strategic partnership between Azerbaijan and Germany, describing Azerbaijan as Germany’s largest trading partner in the South Caucasus. Azerbaijan’s location at the crossroads of Europe and Asia has made…
British retail chain Marks & Spencer (M&S) has opened an investigation after stickers calling for a boycott of Israeli products were placed on packages of potatoes imported from Israel at one of its branches in Worthing, West Sussex. The case came to light after a customer who bought a 1.5-kg. package of Maris Piper potatoes noticed…
Türkiye has also become an oil and gas producer through the development of the Sakarya gas field in the Black Sea and the Gabar oil fields. Sakarya has produced around 9.5 million cubic metres (mcm) of gas per day since April 2025, with plans to double output by the end of 2026. Production from the…
A 19-year-old entrepreneur is betting that artificial intelligence can bring hedge fund-style investing tools to ordinary traders. Horizon Trade is launching an AI-native platform designed to allow users to describe an investment idea in plain language, test it against historical market data, and automatically deploy it across trading platforms. The company, founded by Tuvia Ohana,…
Houthis reportedly instructed to attack vessels traveling through the Red Sea if US strikes Iranian power infrastructure. By World Israel News Staff Iran has instructed Yemen’s Houthi movement to prepare to disrupt shipping through the Bab el-Mandeb Strait if the United States attacks Iranian power infrastructure, according to a report by Reuters on Thursday. The…
Israeli companies looking to expand globally should consider Australia as a launchpad, according to Paul Israel, executive director of the Israel-Australia Chamber of Commerce. With a population of 28 million and a reputation for being an early adopter of technology, Australia offers companies the opportunity to build credibility before entering larger markets such as the…
Iran has closed and re-opened the Strait of Hormuz several times since the US-Iran war began in February. When operating normally, ships transport about a fifth of global oil consumption through the chokepoint. Importantly, more than four-fifths of the oil and liquefied natural gas moving through Hormuz in 2024 was destined for Asia. It was…
A bill proposed by Communications Minister Shlomo Karhi (Likud) to enact sweeping reforms in the broadcasting sector was approved by the Knesset on Thursday. The contentious bill passed in its final second and third readings by 53-48 votes. Prime Minister Benjamin Netanyahu arrived at the plenum during the vote. The legislation is expected to grant…
