As fuel costs rise because of the war in Iran, surcharges are being added to the shipping cost of certain food items, such as seafood imported from far-flung locations.
The ship’s arrival would bring Cuba some badly needed fuel. It also marks a shift from U.S. efforts to block oil shipments and pressure the Cuban government.
The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
Thousands of organized demonstrations stretched across the country. Minnesota was a focal point of the protests after a tumultuous immigration crackdown.
Two ships turned back after being warned not to pass through the Strait of Hormuz on Friday. Iran said strikes in the country had hit a uranium processing plant and industrial sites.
During her first visit to the White House, Prime Minister Sanae Takaichi drew praise from President Trump. But the war in the Middle East will test their relationship.
In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.
The Republican pollster Kristen Soltis Anderson joins E.J. Dionne Jr. and Robert Siegel to discuss Trump’s falling approval rating and what it portends for November.
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
China announced a 7 percent increase in military spending and a five-year plan to try to reduce its military and industry’s reliance on Western technology.
Countries that under the threat of tariffs made commitments like enormous investment pledges face the reality that they might have been better off waiting.
While the vast majority of Canadian exports were exempt from the tariffs now struck down, the ruling does not effect duties harming several key industries.
The world’s biggest automaker has navigated the industry’s turbulent E.V. transition, but is looking to new leadership to manage intensifying geopolitical challenges.
Prime Minister Keir Starmer hopes to boost his country’s lagging economy with a trip to Beijing. But he must carefully navigate between two superpowers.
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
Chinese firms must contend with geopolitical tensions and mistrust to do business in the United States. Some are choosing to avoid the U.S. altogether.