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Iran’s “7-day plan” signals reopening of the strait, US willing to negotiate, Saudi Arabia quickly organizes exports
Strait of Hormuz: Low Navigation LevelsIran announced a “blockade” of the strait and intercepted a US military unmanned submersible; however, the US stated that the …
Strait Situation: Hormuz operating at “low volume and high cost”, Bab el-Mandeb effectively controlled by Houthis
Strait of Hormuz Bab el-Mandeb Strait / Red Sea Suez Canal (Resumption of services accelerating)
Saudi oil pipeline attacked, Red Sea shipping routes resume.
The Saudi East-West Pipeline was recently attacked and shut down, with repairs expected to take 3–5 weeks; Maersk and Hapag-Lloyd have added 6 more routes …
AI agents are restructuring the value chain of the building hardware industry.
Automate quality inspection and production scheduling on the manufacturing side; improve inventory and logistics efficiency on the supply chain side; and reshape the customer experience …
Bank of Canada: US tariff threats impact Canada’s economic recovery outlook
The Bank of Canada (the central bank) announced on the 2nd (local time) that it would keep its benchmark interest rate unchanged at 2.25 percent. …
Recently, the expected price of crude oil has declined.
Recently, Brent crude oil prices once approached $95 per barrel, but subsequently fell back to around $86 per barrel due to rising expectations of negotiations …
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