South Korea Sends Assessment Team to Strait of Hormuz

Monitoring Stability and Protecting Energy Flows On-Site Assessment Prior to Force Decisions Seoul, South Korea – The South Korean Ministry of National Defense announced dispatching an inspection team to the Strait of Hormuz to evaluate security. Monitoring Stability and Protecting Energy Flows The ministry stated that the team aims to observe field developments across the…

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Strait of Hormuz disruptions risk pushing smaller firms out of global value chains: UN report

Beyza Binnur Donmez 08 September 2026•Update: 08 September 2026 Disruptions in the Strait of Hormuz risk pushing small and medium-sized enterprises (SMEs) out of global value chains as rising costs hit smaller firms harder than large companies, UN Trade and Development (UNCTAD) warned Tuesday. In a report, UNCTAD said large companies can spread risks across…

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11 European countries plus Canada vow restrictions on trade with illegal Israeli settlements

Ilayda Cakirtekin 08 September 2026•Update: 08 September 2026 Eleven European countries plus Canada announced plans on Tuesday to introduce national restrictions on trade in goods with Israeli settlements that are illegal under international law, French Foreign Minister Jean-Noel Barrot announced. “Today, France, the United Kingdom, Canada, Denmark, Spain, Finland, Ireland, Iceland, Norway, Poland, Portugal and…

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Baku, Tehran discuss progress on key transport projects

Baku, Tehran discuss progress on key transport projects

A telephone conversation was held between Shahin Mustafayev, Deputy Prime Minister of Azerbaijan and co-chair of the Azerbaijan-Iran State Commission on Economic, Trade and Humanitarian Cooperation, and Farzaneh Sadegh, Iran’s Minister of Roads and Urban Development and co-chair of the commission. According to the information, during the call, the sides reviewed the implementation of issues…

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