The European Union and China struck a preliminary agreement to limit Chinese hybrid vehicle exports to Europe, a concession Beijing had long warned it would not make.
American negotiators proposed releasing some immobilised Russian sovereign assets into a vehicle controlled by Washington, and European delegates rejected it.
The International Monetary Fund urged China to deploy a larger fiscal stimulus and said the country’s property crisis has lingered for too long.
At an Alaska rally the president announced long-term gas purchase commitments from Taiwan and South Korea, claims the governments involved described in more cautious terms.
Attacks in and around the Strait of Hormuz reached their highest level since the war began, while US Central Command rejected Iran’s assertion that it controls the waterway.
Oil rose as a reported strike on the state oil company’s headquarters added to the risk premium already built on Gulf shipping.
The vessel is the first reported total loss in the waterway, and accounts differ on whether it hit a mine or was struck by a projectile.
Customs data show September exports surging and chip shipments more than doubling in value, while the central bank reported stronger new loans.
A Russian envoy framed the fuel agreement as a first step toward broader economic ties as Italy’s prime minister criticised it in public.
The cartel cut its demand growth forecast again while Tokyo backed help for refiners paying to route crude around the Gulf.
Six vessels were hit in a single day, and both Fitch and the IMF now assume the strait stays shut into next year.
A slump in China is now visible in German delivery numbers while Chinese brands press their case in Europe.
The Chinese central bank’s decision is a preparatory approval rather than a licence to clear transactions.
The UK’s first formal attribution of the RAF Fairford incident came with a joint statement and a summons for Tehran’s ambassador.
September retail sales of new energy vehicles fell as passenger car exports jumped, and BYD said it is looking at building in France.
A majority in the Arctic island’s parliament leaned towards the deal while its foreign minister said trust with the United States needs rebuilding.
The president said he made the deal for the American people; lawmakers in both parties say it hands Moscow a lifeline.
The People’s Bank of China has published a paper arguing its currency is not undervalued, days before EU-China trade talks that turn on exchange rates, and Barclays expects Beijing to tolerate further gradual appreciation.
A second strike on Riyadh’s airport killed one more person and took the death toll to 13, the United States told its airlines to use caution in Saudi airspace, and energy executives including BlackRock’s Larry Fink dropped out of conferences in the kingdom.
Volodymyr Zelenskyy said Russia had already violated the halt to energy strikes announced by Donald Trump, Russia hit a Ukrainian power plant hours after the announcement, and the United Kingdom, Germany and Poland restated their support for the Ukrainian president.
An Associated Press report describes free community pharmacies filling the gap as medicines grow scarce, while blackouts continue across the island.
The Financial Times says the new understanding protects the hybrid sector but leaves China’s trade surplus untouched, and Korean coverage says the displaced export volume is heading for South Korea.
Tehran’s security chief says seven conditions remain unmet and that no negotiations will take place, while a tanker was hit by a projectile in the strait on 11 October.
The president says attacks on energy infrastructure stop at once, Ukraine’s president says the announcement was news to him, and a Republican senator says the underlying diesel deal may be unlawful.
Saudi authorities put the toll from the missile attack on Riyadh’s airport at 12 dead and more than 300 wounded, and Washington is weighing strikes on the Houthis in response.
The government has moved to emergency powers while the canal authority says locks and transits came through intact.
Moscow says the export ban is gone, Washington has tapped its reserve, and Republicans in midterm races are breaking with the president over it.
Central Command says it disabled a vessel that ignored warnings to stay out of the blockade, and Tehran has promised a response.
A contractor at the centre of a 2.5 billion dollar diversion case admitted four counts, including conspiring to break US export controls and obstructing justice.
The Revolutionary Guards say a crude supertanker exploded after striking a naval mine, while US Central Command says it has redirected 133 commercial vessels and freight rates hit a record.
Taiwan’s president used his National Day speech to tie higher military spending to deterrence, and China’s Taiwan Affairs Office accused him of pursuing independence.
The US has suspended its Russian diesel sanctions until 7 April 2027, and Trump is now demanding that Ukraine change president and stop striking Russian refineries.
The canal authority said the waterway was operating as usual after one of the country’s worst recorded quakes, though a shipping publication reported the impact as not yet clear.
Brussels put a figure on its interim understanding with Beijing, which also opens the door to lower tariffs and easier rare-earth exports.
Iran’s IRGC navy claimed a series of tanker attacks and said vessels off its designated routes would be pursued anywhere in the region.
The president lifted sanctions on Russian diesel after a call with Vladimir Putin, and Kyiv called the decision a birthday present for Moscow.
Beijing announced an understanding with Brussels on plug-in hybrid vehicles while the separate dispute over electric-car tariffs remains unsettled.
The latest designations under Operation Economic Outcast target companies, individuals and vessels moving Iranian crude, and expose foreign banks that handle the transactions to secondary sanctions.
The People’s Bank of China issued a formal policy position on the renminbi exchange rate on the day the European Union’s trade chief arrived for talks.
Crude prices raced higher after explosions in the Saudi capital, airlines suspended flights, and the cost of hiring a very large crude carrier topped $77 million.
The president ruled out strikes ahead of the November 3 elections while pledging to keep the maritime blockade in place.
Baghdad cut the currency after disruption at the strait hit the government’s main source of income.
The order carries no date, and Trump says a deal with Tehran is not something he wants to do.
Europe’s premium carmakers are shrinking around a collapsing Chinese market while Brussels prepares an import cap on Chinese hybrids.
Washington and Tehran issued directly opposing accounts of who controls the strait on the same day.
Cargoes worth about three million dollars were taken at Florida and Texas ports as Washington tightens its energy blockade of the island.
A runoff against Lula follows a right-wing congressional sweep that investors are reading as a path to fiscal reform.
The cost of moving Gulf crude is climbing faster than the barrel price as attacks on shipping increase.
Control of the Red Sea’s southern gate is contested while missiles reach Aden and the area north of Riyadh.
The defence-technology company will invest $3.7 billion in a Maryland shipyard under a $2.9 billion Navy contract to build Virginia-class submarine components.
Attacks on shipping in and around the strait injured crew on at least one tanker and left Gulf crude and condensate exports well below normal.
Brazilian stocks surged after Flavio Bolsonaro finished ahead of President Lula da Silva in the first round, sending the race to a runoff.
Beijing shut a record number of small lenders last year, nearly one in four, while third-quarter growth is estimated below the official target.
Shipping incidents in the Strait of Hormuz are accelerating while oil flows rebound, pulling freight risk and crude prices in opposite directions.
Tehran says the strait stays closed until its seven conditions are met, while Washington widens sanctions on Iranian airlines and the banks that serve them.
Yemen’s government says it has recovered the Red Sea chokepoint less than a month after losing it, with about 100 coalition jets flying cover.
The senator took 47.03% of the first-round vote against 45.16% for the incumbent, forcing a second round on 25 October.
Ministers are reported to be ready to match the European Union’s 45% levy on Chinese electric vehicle imports.
Flows through the Strait of Hormuz have recovered but the shipping risk has not, and Brent still trades above $100 a barrel.
Vice President Vance chaired an unannounced session on the Iran war and the Saudi-Houthi conflict, three US officials told Axios.
Saudi-backed government forces moved against the Houthis on Sunday as the group claimed missile strikes on Aramco sites inside Saudi Arabia.
The presidential race pits the incumbent against a Trump-aligned senator, with spending rules and the US relationship at stake.
Tehran says the waterway stays closed until the United States meets seven conditions, while attacks on shipping continue.
Prosecutors say AI servers were routed to China through Malaysia and Singapore using false paperwork about their destination.
Lula and Flavio Bolsonaro are effectively tied going into Sunday’s first round, after Trump put tariffs on Brazilian goods and called the vote very important.
Moscow plans higher defence outlays, lower education funding and new taxes next year, with billionaires asked for a voluntary levy.
Riyadh and Yemeni government forces are planning a counteroffensive against the Houthis, and Washington has declined to join it for now.
Two additional Patriot batteries now guard an oil facility in Saudi Arabia and a gas site in Qatar as Washington builds up force in the Gulf.
Washington told European capitals to open their emergency diesel stocks or face a ban on US exports; Trump has since said there will be no ban.
A British maritime agency reported two more tankers hit by unidentified projectiles, with crude close to $100.
Prosecutors say restricted AI servers were routed through Malaysia and Singapore to buyers in China.
Neither candidate appears likely to win outright in the first round, and President Donald Trump says he is watching closely.
Attacks on shipping are continuing even as Gulf oil flows and LNG traffic recover toward prewar levels.
Washington sent two additional Patriot batteries to protect Saudi and Qatari oil and gas facilities as Trump said he is weighing renewed strikes on Iran.
The People’s Bank of China joined other agencies in a pro-growth package that cuts the pledged supplementary lending rate, widens relending quotas and subsidises home loans.
Producers and shipping have restored Gulf flows, pulling Brent back toward $96 while Tehran ties a formal reopening to US guarantees.
US officials told France and Germany to release stocks, and European governments agreed on what they called an assertive response.
Shipping intelligence reported three Liberian-flagged tankers hit by unknown projectiles while transiting the strait, even as crude flows through the chokepoint returned to near prewar levels.
Crude shipments through the strait have largely recovered while refined-fuel movements have not, and Qatari mediation has produced little.
Beijing announced a package of strengthened financial support measures, including mortgage interest subsidies aimed at reviving housing demand.
The People’s Bank of China lowered its pledged supplementary lending rate by 25 basis points as September surveys improved across sectors.
Budget documents show military spending rising 27% next year, funded by higher taxes and more borrowing.
The filing devotes almost a third of its pages to risk and discloses a buildout commitment that the company says largely cannot be cancelled.
The People’s Bank of China lowered the pledged supplementary lending rate, widened the facility’s scope and raised relending quotas in a targeted easing package.
Gulf producers are pushing crude through and around the Strait of Hormuz at close to prewar volumes, easing the supply premium in the oil price.
The canal authority will raise Neopanamax slots from nine to ten a day and restore a deeper draft from the middle of October.
The People’s Bank of China lowered the rate on pledged supplementary lending by 25 basis points and expanded relending quotas in a targeted package aimed at property and state arrears.
Brent crude rose above $106 after Washington turned down Tehran’s conditional plan to reopen the Strait of Hormuz, and a very large crude carrier was struck.
The PLA Southern Theater Command flew its WZ-7 reconnaissance drone near the contested feature for the first time.
Iran’s Revolutionary Guard says it commands the strait; US Central Command says Iran no longer has a navy.
From 15 October the canal will offer 33 daily transit slots and allow deeper-laden ships, after rainfall restored water levels.
A reported green light for the RTX PRO 5500 would partly reopen a market Nvidia has written down to nothing.
Washington turned down Tehran’s truce proposal for reopening the strait, leaving the chokepoint contested and crude higher.
Washington turned down Tehran’s proposal to reopen the Strait of Hormuz in exchange for lifting the naval blockade, and Iran says it has still not received a formal answer.
The two governments agreed to a dialogue on what the White House now calls super intelligence, but chip export controls were absent from the summit’s readouts.
A federal appeals court found the Defense Department had ample support for excluding the AI company from military work, a ruling the department celebrated publicly.
Tehran offered to reopen the strait and resume nuclear talks within a week in return for sanctions steps; Washington refused, and Iran says it will await a formal reply.
A three-day Washington summit produced reciprocal tariff relief, a channel for handling AI incidents and an extension of the trade truce, with the detail promised on Monday.
The trilateral pact lets Washington build two new military bases on Greenland while leaving the island under Danish sovereignty.
Riyadh told the United Nations that the Strait of Hormuz must return to its pre-war status without tolls, while Yemen’s government lost control of the Red Sea chokepoint.
Taipei labelled Beijing a true disruptor of the status quo after Xi pressed Trump on the island, while the US ambassador to China said American policy is unchanged.
The president said he does not think the military will be needed, days after telling the United Nations that Cuba’s government will fail.
The president said he turned down a proposal that would have opened the waterway within a week in exchange for lifting the US naval blockade.
The White House fact sheet from the Xi summit creates a standing dialogue on what it now calls super intelligence, but semiconductor export controls were never on the table.
Tehran says the choice now rests with Washington, while one report describes officials discussing a phased deal instead.
Beijing confirmed a reciprocal tariff reduction and a new dialogue on artificial intelligence as the Washington summit closed.
The security agreement signed in New York opens two military sites and expands Arctic access, while Denmark says Washington will have to pay for them.
Iraq has halted Iranian flights at all four of its airports, and an adviser to Iran’s supreme leader has warned that neighbouring countries’ aviation could be disrupted in response.
Treasury Secretary Scott Bessent and Finance Minister Satsuki Katayama held a call on the currency a day after Trump raised the weak yen directly with Japan’s prime minister.
Tehran has given Washington a plan to reopen the Strait of Hormuz within a week of its conditions being accepted, and negotiators are exploring a phased deal.
The Washington summit extended the truce that ended last year’s trade war to January 10 but produced none of the broader detail markets had been primed for.
Beijing used the White House summit to ask for a change in US declaratory policy on Taiwan; Taiwan’s foreign ministry called the account a distortion of facts.
Geely showed a battery charging from 10 to 70 percent in under five minutes on the same week that a bipartisan bill to bar Chinese vehicles from the United States was pushed toward a vote.
An adviser to Iran’s supreme leader said Tehran could open a new front if the United States or Israel strikes again, and oil rose as hopes of a Strait of Hormuz deal faded.
The two leaders opened a state visit heavy on ceremony, extending their economic truce by two months while leaving artificial intelligence, fentanyl and the South China Sea unresolved.
Treasury Secretary Scott Bessent announced a two-month extension of the Busan agreement as Xi Jinping arrived in Washington.
The US Treasury secretary says Washington is open to extending the China trade truce or striking a bigger deal.
A bulk carrier was struck near the Strait of Hormuz on Wednesday, killing one crew member, while traffic through the waterway stayed close to nothing.
The pact expands American military access in Greenland while leaving the territory under Danish sovereignty.
The Chinese group used its Apsara conference to claim the country’s most powerful chip and to set a data centre capacity goal stretching to 2032.
Tehran has floated conditions for restoring traffic through the chokepoint, and oil fell as American and Iranian officials completed a round of indirect talks at the United Nations.
The agreement grants Washington permanent basing rights on the semi-autonomous Danish territory while stopping well short of the ownership President Trump had demanded.
Analysts expect tariff relief at best from the Trump and Xi meeting, with no movement on semiconductor export controls or rare earths.
Regulators are using informal window guidance to hold back listings after Unitree’s slide from its post-debut peak.
Tehran has submitted conditions for reopening the strait as commodity traffic through it fell to two vessels in a day.
The accord ends a months-long standoff and paves the way for two new US military bases on the island.
A narrow notification mechanism, not a broad accord, is emerging as the likeliest deliverable of this week’s summit.
Tehran has put the world’s most important oil chokepoint on the table in exchange for an easing of US military pressure.
Washington has offered Beijing an emergency notification channel for artificial intelligence failures, and trade talks alongside it went further than expected.
A months-long fight over US control of Greenland ends in an agreement granting Washington permanent military rights on the island.
Increased Saudi shipments through the strait and the prospect of US-Iran talks pushed crude to its longest run of declines since June.
Secondary sanctions on aviation services take effect on 23 September, aimed at foreign airports, fuel suppliers and banks rather than at Iranian aircraft themselves.
Two American military sites are to open on the island under an agreement Washington describes as giving it permanent control over Greenland’s security.
Treasury and the US trade representative came out of New York talks with a proposed AI notification mechanism, a “Board of Trade” and the prospect of tariff cuts on non-critical goods.
Two agencies counted weekend traffic through the strait differently, and both counts point down while US Central Command describes the opposite trend.
Beijing left benchmark lending rates unchanged and eased its guard on the currency, which strengthened to its firmest level against the dollar since mid-2022.
The agreement expands the US military presence on the island and places Arctic security under NATO oversight, and thinly traded Greenland names moved violently on the news.
Tehran has published terms for resuming negotiations with Washington and says the strait stays shut until commitments made in June are honoured.
The canal authority is capping vessel crossings and rationing slots while Hormuz stays shut, pushing freight costs through two routes at once.
The guest list for the White House dinner is drawn from the companies whose export licences are the substance of the meeting.
The People’s Bank of China left the one-year loan prime rate at 3.0% and the five-year at 3.5%, matching consensus and extending the longest pause on record.
Tehran says the strait stays closed until its conditions are met; CENTCOM says American forces escorted more than a billion barrels of crude in two months.
Washington gains an expanded military footprint on the island while Copenhagen and Nuuk say sovereignty is untouched, and the two descriptions do not match.
China’s commerce ministry says it opposes measures aimed at third countries and reserves the right to respond.
US Central Command says traffic through the strait is at a six-month high under a naval blockade that has cut Iran’s own crude exports to zero.
The island lost power nationwide on Friday, in an outage that reports count as either the sixth or the seventh of the year.
The kingdom issued its first air raid alerts for the capital since the Houthis escalated, while fighting continued around the Red Sea strait.
The WTO’s chief says global trade faces its worst disruption in 80 years as container rates and diesel prices set records.
Trump claims permanent control over the island’s security; Copenhagen and Nuuk say sovereignty is untouched.
Treasury and the trade representative meet He Lifeng in New York on Sunday, with AI, rare earths and the tariff truce on the agenda.
Two vessels were attacked in the strait on Friday while Central Command said it had redirected 105 commercial ships since the naval blockade began.
Manila says its resupply boat was struck inside its own exclusive economic zone; Beijing says the Philippine vessel caused the collision.
Rome is deploying its navy to the southern Red Sea chokepoint after Houthi forces seized most of Yemen’s Red Sea coastline in a matter of days.
Industry bodies wrote to the president days before next week’s meeting, warning that market access for Chinese vehicles could be traded away.
The IRGC Navy says it hit the tanker Trend for attempting an illegal passage, in a strait where crossings are already down to single digits.
The two leaders hold their second face-to-face meeting of the year on 24 September, with agriculture and non-tariff barriers flagged for announcements.
The Ascend 960DT is now promised for the first quarter of 2027, three quarters earlier than planned.
Crude fell for a second day on rerouted Saudi exports and a repair estimate, not on any change to the blockade itself.
Brussels floated associate status for Ottawa, and Washington answered with a threat to tariff Europe and halt trade.
Vessel transits through the world’s most important oil chokepoint have collapsed even as CENTCOM insists the strait remains open.
The measure clears Congress 262 to 159 and authorises secondary tariffs on the largest buyers of Russian oil and gas.
The European Commission’s proposal drew a tariff threat the same day Washington moved to strip Canadian goods from federal procurement.
The central bank governor told China’s flagship party journal that slower loan growth is a structural adjustment, not a failure to be fixed with more lending.
Treasury and the US trade representative will host China’s vice premier days before the two presidents meet in Washington, with tariffs, farm goods and AI risk all on the agenda.
The European Commission president proposed a first-of-its-kind arrangement that would pull Ottawa deeper into Europe’s economic and security architecture.
The UN Security Council met in emergency session as Yemen’s Red Sea coastline changed hands and Saudi Arabia closed its East-West pipeline.
Beijing can now block citizens from leaving the country over national security or technology export violations, under rules that reach private citizens and lower-level officials.
With Hormuz already closed, Qatar says losing the Red Sea chokepoint as well would be catastrophic for the entire world.
The designation targets Russia’s second-largest bank for helping Iran evade sanctions and exposes institutions that keep dealing with it to secondary measures.
Chris Wright told CNBC that the outage on the line bypassing the Strait of Hormuz will be measured in days rather than weeks.
The loss of the main route around the blockaded Strait of Hormuz has pushed crude higher and forced Riyadh back through the waterway it built the pipeline to avoid.
Factory output held up while retail sales barely grew and property investment fell close to a fifth, prompting Goldman Sachs to cut its growth forecast.
The waterway is tightening capacity for a second time this year, adding a third chokepoint to a shipping map already squeezed at Hormuz and Bab el-Mandeb.
A postponed Gulf meeting, a closed Saudi export line and Houthi gains near the Red Sea chokepoint kept crude and diesel bid through Monday.
China’s first official reply rejects pacing outright, even as its own security ministry lists six principal AI risks.
A vessel strike in the strait, a postponed ministerial meeting and a closed export line pushed crude to its highest in months.
The capture of Mokha and Mayun leaves two of the world’s energy chokepoints in hostile hands and tanker freight repricing.
The president says Ukrainian strikes on Russian energy are raising fuel prices and hurting the world economy.
Xi Jinping used the summit’s final day to propose a wider bloc, an open-source AI community and a larger role for emerging economies.
Gulf diplomats and Iranian officials meet in Oman on a temporary shipping lane through the strait, and the United States is not at the table.
Accounts from several outlets describe a faction that fired on shipping in defiance of Iran’s president and its Revolutionary Guard chief.
The president’s public request ties a Ukrainian war aim directly to the price of refined fuel.
China has told Washington it will drop this month’s leaders’ meeting if new weapons sales to Taiwan are approved, putting the main channel for trade and technology bargaining at risk.
United States Central Command puts the tally at 100 vessels rerouted over 60 days and says no ship has passed without permission, turning a wartime measure into a standing cost on Gulf trade.
Iranian state media and a British navy-affiliated monitor both report a fresh attack inside the Gulf’s main oil chokepoint, with the accounts diverging on timing, casualties and blame.
South Korea’s industry minister returned from New York without a signature, but the first project under the tariff settlement is set to be announced this week.
The New Delhi text calls for WTO and IMF reform and expands local-currency settlement, while stopping short of a common currency.
Ship traffic through the southern Red Sea strait has halved, and the pipeline built to route Saudi crude around Hormuz is now offline.
The bloc’s leaders urged maximum restraint in the Middle East while negotiators worked late to agree the text of a Delhi Declaration.
The Senate-passed bill reaches the House floor next week, with secondary measures aimed at third-country buyers the sharpest instrument in it.
The East-West line was the kingdom’s main workaround for a blocked Strait of Hormuz, and it is now offline after drones launched from Iraq set it alight.
Protection through the strait is now available only at set times, and transits have fallen to single digits.
A threat report from the AI company describes attempts to build missile guidance software, run propaganda networks and compile dossiers on dissidents.
Export controls meant to blunt China’s AI build-out have made its domestic accelerators dearer rather than cheaper.
The first sign of diplomacy over the world’s most important oil chokepoint moved crude further than any macro release this week.
The canal authority is rationing slots into next year, putting up to US$10 billion of Caribbean imports at risk.
India is hosting a BRICS summit attended by both Vladimir Putin and Xi Jinping, while trying to steer the expanded bloc away from an explicitly anti-Western turn.
Vessel transits through the Strait of Hormuz dropped to seven in a day, even as Washington says it has loosened Iran’s grip on the waterway.
Iran-backed Houthi fighters have captured the island that divides the Bab el-Mandeb strait into its two shipping lanes, completing their hold on Yemen’s Red Sea coast.
Forecasters say the pattern is nearing record strength, and the drought is already curbing traffic through a chokepoint that carries about 5 percent of ocean shipping.
August passenger-car exports jumped 67.1% from a year earlier, and new-energy vehicles took a record share of domestic sales.
The Chinese president’s first trip to India in seven years lands at a summit where payments, energy and the bloc’s unity are all in question.
Iran-aligned forces took the Red Sea port city and are advancing south, bringing a second maritime chokepoint into play alongside Hormuz.
The Revolutionary Guard says it hit the Al-Azraq base used by US forces in Jordan, while US Central Command rejects a separate Iranian claim about two Navy destroyers.
China’s central bank released its plan for building a financial powerhouse and said overseas entities now hold more than 11 trillion yuan in Chinese assets.
The biggest wave of attacks on Gulf shipping since the war began came with an expanded blockade area and disputed claims about what was hit.
The US government says Chinese companies are extracting proprietary capabilities from American models, and Beijing has rejected the claim ahead of planned Trump-Xi talks.
Export strength widened the trade surplus while an energy-led price rebound left domestic demand looking no stronger.
Crude returned to triple digits after US forces destroyed five Iranian tankers and Iran struck back at shipping and at a base in Jordan.
Treasury designated the country’s last major carriers, exposing foreign firms that keep doing business with them.
A capital injection for eight large state lenders and insurers lands in the same week that export growth again carries the Chinese economy.
Missile and drone attacks on Aramco facilities put the main bypass route for a blocked Strait of Hormuz under direct pressure.
China is injecting fresh capital into eight state-owned financial institutions as a property downturn keeps eroding credit demand.
Dollar exports rose 25% year on year in August, powered by semiconductors and autos, while imports came in below forecast.
Transits through the Strait of Hormuz have fallen to their lowest level since May while Houthi attacks on Saudi energy sites push oil toward $100.
The canal’s new administrator says ship numbers could fall further as El Nino drains the freshwater that fills the locks.
Beijing’s finance ministry will issue special treasury bonds to inject capital into eight state-owned financial institutions, with the headline figure reported at $54 billion.
Ursula von der Leyen announced a partnership package for Greenland in Nuuk on the same weekend the US president posted maps showing the American flag over Canada, Mexico and the island.
Abu Dhabi says its energy exports will not be held hostage by the Iran war and is constructing alternative trade and energy corridors.
Ilya Espino de Marotta took charge of the waterway on Monday as low water restricts transits and the fix for it remains five years out.
Iran’s Supreme National Security Council says a restricted zone outside the Strait of Hormuz will be declared within days, after American strikes on three Iranian vessels.
China announced a capital injection into eight state-owned banks and insurers, reported variously as 360 billion yuan, $54 billion and $45 billion.
Shipping data show the fewest daily transits of the Strait of Hormuz since May, while Gulf exporters build alternative routes and US consumers absorb a rising fuel cost.
The canal’s administrator says daily transits could fall to 27 from the current reduced 32, while better-than-expected water levels have pushed a planned draft cut back again.
Washington and Tehran attacked each other’s vessels over the weekend, and Iran says it will declare a restricted maritime zone around the Strait of Hormuz within days.
The Ministry of Finance is leading a recapitalisation worth about 54 billion dollars across the country’s largest state lenders and insurers.
Indian refiners filled the gap on the eastern route into Europe as Russian and US flows fell away.
CENTCOM destroyed one tanker and disabled two others after Iranian missiles were fired at two US warships.