On August 5, only one merchant ship—a dry cargo vessel flying the flag of the Bahamas—passed through the Bab el-Mandeb Strait. By comparison, 20 ships had traveled this route the
Tag: trade
Oman has presented Iran with a plan, backed by the Gulf states, regarding navigation in the Strait of Hormuz. The plan calls for voluntary fees for its use. Reuters reported
The Donald Trump administration has decided not to extend the United States–Mexico–Canada Agreement (USMCA), which could mean the gradual phasing out of the North American Free Trade Agreement, which has