Rising military tensions between the US, Israel, and Iran have partially paralyzed the Strait of Hormuz, a vital route for nearly 20% of global oil trade. The disruption raises serious concerns for global energy markets and international supply chains.

The UAE says it has not decided to join military strikes against Iran but maintains its right to self-defense after more than 800 drones and 186 ballistic missiles were launched at its territory. The developments could significantly impact regional security and global energy markets.

President Zelensky proposes sending drone interception experts to Middle Eastern nations facing Iranian attacks, in exchange for diplomatic pressure on Russia to secure a ceasefire in Ukraine.

President Donald Trump says the U.S. military has nearly unlimited weapons stockpiles as operations in Iran enter the fourth day. Markets weigh geopolitical risks amid escalating U.S.-Israel military actions.

Escalating US–Iran tensions and threats to close the Strait of Hormuz are shaking global energy markets, pushing oil, gold and shipping costs higher while financial markets face renewed volatility.

Escalating Iran conflict disrupts the Strait of Hormuz, leaving over 150 vessels stranded and several oil tankers damaged. Brent crude jumps sharply as war-risk insurance premiums soar.

U.S. President Donald Trump says military operations against Iran will continue “with full force,” warning of further American casualties. Markets weigh geopolitical risks, oil volatility, and broader economic implications.

FedEx has filed a lawsuit at the U.S. Court of International Trade seeking refunds of import duties paid under IEEPA, following a Supreme Court ruling. Legal experts warn of potential multi-billion dollar claims.

President Donald Trump criticized the Supreme Court’s decision blocking his tariff framework but pledged to move forward using alternative legal authorities, even without congressional support.

China surpasses the United States to become Germany’s largest trading partner in 2025, as Berlin posts a record €89.3 billion trade deficit with Beijing amid energy pressures and slowing exports.

President Donald Trump raises global tariffs from 10% to 15% following a Supreme Court ruling limiting his trade authority. Markets react as legal uncertainty, refund risks, and political tensions intensify ahead of midterm elections.

U.S. Customs will cease collecting tariffs imposed under IEEPA from Feb. 24 after the Supreme Court ruled them unlawful. The change follows former President Trump’s shift to new tariff measures, raising trade policy uncertainty worldwide.