Global trade

Iraq delays July public salaries as Strait of Hormuz blockade guts oil revenue

Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.

Shia Muslims gather along the Bayn al-Haramayn or "between the two sanctuaries", a 378-meter open marble-paved avenue linking the Imam Hussein Shrine and Imam al-Abbas Shrine, in the city of Karbala on August 4, 2026.
Belgian Prime Minister Bart De Wever walks as members of the parliament applaud, at the Belgian Parliament in Brussels, Belgium.

'Point of no return': Belgium becomes fourth European country to ban imports from West Bank

US President Donald Trump gestures after ringing the opening bell for the New York Stock Exchange (NYSE) and Nasdaq during an event to mark the launch of "Trump Accounts" in the Oval Office at the White House in Washington, July 6, 2026.

Trump warns US can wipe out Iran's power grid in 'small part of an afternoon' if deal not reached

Gas flares burn at the Rumaila oil field during an armed patrol by Iraqi Energy Police in Basra, Iraq, June 8, 2026.

Middle East reroutes its energy networks as region navigates shifting sands - analysis


Your Taxes: Trump’s tariffs on Israeli products

The Trump tariffs raise US duties on many Israeli products imported into the lucrative US market.

 US PRESIDENT Donald Trump delivers remarks on tariffs at the White House last week. Because Trump is so hard to characterize neatly, we should think twice before jumping to conclusions as to where his tariff policies are headed, says the writer.

Irish lawmakers begin vetting West Bank-goods ban, intensifying rift with Jerusalem

Although trade in settlement goods is tiny, Dublin’s move is widely seen as a test case that other EU capitals hostile to Israel’s war in Gaza may emulate.

People hold a banner with images of Ireland’s Minister for Foreign Affairs and Trade and Minister for Defence Simon Harris and Israeli Prime Minister Benjamin Netanyahu during a protest in support of Palestinians in Gaza, in Dublin, Ireland, May 17, 2025.

Gold Climbs Toward Record as Global Debt Overshadows Geopolitical Tensions

While markets react to Israel-Iran conflict, analysts warn global debt is the real long-term driver behind gold's surge. Gold nears record highs again.

 Gold Climbs Toward Record as Global Debt Overshadows Geopolitical Tensions

Israel favors upgrading US free trade deal, economy minister says

Israel seeks to update its free trade deal with the US amid Donald Trump's sweeping new global tariffs.

Ashdod Port

Economic Chaos, Global Conflict Driving Investors Into Gold | Levi Gunter

Levi Gunter reveals why investors are flocking to gold. He highlights trade war uncertainty, gold's resilience, and central bank demand as key drivers.

 Economic Chaos, Global Conflict Driving Investors Into Gold | Levi Gunter

Gold Price Explosion Not Over, Here’s Next Target As Debt Crisis Unfolds | Jeff Christian

Jeff Christian warns gold's rally isn't over, fueled by debt and economic fears. He sees continued upward pressure on the safe-haven asset.

 Gold Price Explosion Not Over, Here’s Next Target As Debt Crisis Unfolds | Jeff Christian

US delays tariffs for Mexico, Canada for one month

In three executive orders, the United States imposed 25% tariffs on Mexican and most Canadian imports and a further 10% on goods from China, starting on Tuesday.

 Fluctuations in the US dollar, growth trends and investment directions, economy

Silver Shock: China's Critical Mineral Monopoly Threatens U.S. Economic Security

China's ruthless mineral export ban threatens U.S. tech and military might. Critical materials blockade could cripple semiconductor, energy, and defense industries. The mineral war has begun.

 Silver Shock: China's Critical Mineral Monopoly Threatens U.S. Economy

Temporary Ban: Russia Restricts Precious Metals Scrap Exports

Russia's economic chess move: A shocking export ban on precious metals waste begins December signaling a strategic push to dominate industrial processing capabilities.

 Temporary Ban: Russia Restricts Precious Metals Scrap Exports

Gold’s Growing Role in Trump 2.0

Trump 2.0 may shift the U.S. to manufacturing, weaken the dollar, embrace protectionism, and rely on gold as trust in bonds erodes, reshaping global trade and economic priorities.

 Gold’s Growing Role in Trump 2.0