BAKU, Azerbaijan, June 18. Azerbaijan has a strategic advantage to become a transport and energy hub of the region, the Islamic Development Bank (IsDB) Group’s Regional Hub Director in Türkiye, Walid Abdelwahab, told Trend on the sidelines of the 51st Annual Meeting of IsDB Group held in Baku. He noted that Azerbaijan’s priority projects are…
The Middle East and wider region have positive expectations regarding the new agreement between the US and Iran. As this develops, it is clear that many countries and companies will now be seeking to take advantage of the potential reduction in conflict to secure new trade deals. One of the key features of this new…
The United States and Iran have signed a Memorandum of Understanding (MoU), marking a significant step towards ending a conflict that has unsettled global markets and disrupted trade over the past three months. The agreement, signed by US President Donald Trump and Iranian President Masoud Pezeshkian, includes a commitment from both sides to reopen the…
(June 17, 2026 / JNS) Following a deadlock in attempts to slap Israel with E.U. sanctions, the European Commission is working on a plan to restrict trade with Israel in connection with its presence in Judea and Samaria, according to diplomats cited by the Euronews website on Tuesday. The nature of the restrictions envisioned is…
Tankers and cargo vessels are seen in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea, Tuesday, June 16, 2026. AP Photo/ European Commission President Ursula von der Leyen speaks during a media conference at the G7 summit in Evian-les-Bains, France, Monday, June 15, 2026. Vadim Ghirda/AP Photo/Vadim…
Nishlis Legal Marketing has officially released its 2026 US-Israel Legal Review, in partnership with The National Law Review and the Association of Corporate Counsel (ACC)’s Israel chapter. This year’s edition is the most comprehensive yet and arrives at a moment when cross-border activity is being tested, reshaped, and, in many ways, strengthened. Despite geopolitical pressure…
ABU DHABI, UAE (MNTV) — The United Arab Emirates has announced an ambitious strategy to eliminate its reliance on the Strait of Hormuz, accelerating investments in ports, energy infrastructure and transportation networks following months of disruption caused by the conflict involving Iran, the United States and Israel. Minister of Foreign Trade Thani Al Zeyoudi said…
Israeli defense officials fear Tehran will use the 60-day window to buy time and strengthen its position, with Iran expected to receive significant relief in economic sanctions and in fuel and oil trade, according to an N12 news site report. Israeli intelligence assessments, as conveyed to the political echelon in recent days, indicate that Iran’s…
A potential US-Iran peace agreement could reopen the Strait of Hormuz, benefiting Africa through lower oil prices and freight costs. East African countries, especially Kenya, would benefit most while oil producers like Nigeria and Angola would gain less. Lower oil prices would reduce transport and food costs but oil-producing nations might face reduced state revenues…
EU governments have rallied to the defence of Kaja Kallas to back her demand earlier this week that the European Commission prepares new measures to prevent trade with illegal Israeli settlements. Ursula von der Leyen and her College of Commissioners have repeatedly and firmly rebuffed the calls by Kallas – who is both the EU’s foreign…
