United States Treasury Secretary Scott Bessent has accused China of “funding the largest state sponsor of terrorism”, referring to Iran, saying that Beijing should help Washington in efforts to reopen the Strait of Hormuz. Bessent’s blunt criticism of China’s relations with Iran on Monday comes ahead of US President Donald Trump’s expected visit to Beijing…
The Global Economic Shock of the U.S.-Israel-Iran Conflict: Energy, Logistics, and the Fragility of Globalization The Middle East has long occupied a strategic position at the center of the global energy system and maritime trade routes. Throughout modern economic history, geopolitical tensions in this region have repeatedly demonstrated their ability to ripple through the global…
US guided-missile destroyers have begun escorting ships through the Strait of Hormuz under ‘Project Freedom’, announced by President Trump as a humanitarian effort to free stranded vessels. Iran has warned any foreign military entering without coordination will be targeted, with conflicting reports of missile incidents denied by the US. The operation risks undermining a fragile…
What Happened? Shares of freight transportation intermediary C.H. Robinson CHRWfell 8.9% in the morning session after Amazon announced it was officially opening its extensive supply chain network to businesses outside its own marketplace, creating a significant new competitor. The new offering made Amazon’s transportation, fulfillment, and parcel delivery network available to all businesses. This development…
For Israeli companies exploring new markets, timing is often the hardest call to make. Move too early, and you absorb the risk. Move too late, and the opportunity is already taken. For firms facing increasingly competitive and saturated traditional markets, the question is no longer whether to expand, but where, and how fast. Right now,…
Serdar Dincel 04 May 2026•Update: 04 May 2026 Iran has received a US response to its 14-point proposal aimed at ending the war and is currently reviewing it, Foreign Ministry spokesman Esmaeil Baqaei confirmed on Monday. “We have received the American side’s response and are reviewing it, and we will definitely announce our views through…
JERUSALEM, May 4 (Xinhua) — The number of jobseekers in Israel surged more than 2.5 times to about 396,000 by the end of March, compared with the end of February when the U.S.-Israel-Iran war broke out, Israel’s Employment Service reported Sunday. Around 257,000 people registered as new jobseekers in March, making up about 65 percent…
All crew are safe and no environmental impact has been reported after the incident 11 nautical miles (20km) west of Sirik, monitoring agency says. Published On 3 May 20263 May 2026 A bulk carrier reported being attacked by multiple small craft off the coast of Iran near the Strait of Hormuz, Britain’s sea trade monitoring…
The Iran conflict has stretched into its ninth week. What was widely expected to be a short campaign of a few weeks now seems to be running into months. There seem to be two possibilities at this stage when an uneasy ceasefire is holding and a blockade of the Hormuz Strait is in place. One…
