Business

A 94% Collapse in Container Traffic Shows the Gulf Crisis Is Bigger Than Oil

Container traffic through Hormuz has reportedly fallen 94%, while grain, steel, fertiliser and manufactured goods are also being disrupted. With insecurity spreading towards Bab el-Mandeb, the Gulf crisis is becoming a global supply-chain problem far beyond oil.

Trump and Xi Prepare for High-Stakes Washington Summit

Xi Jinping will visit Washington on September 24 for high-stakes talks with Donald Trump covering tariffs, rare earths, Boeing sales, Taiwan, AI, fentanyl and Iran. With the world’s two largest economies still locked in strategic rivalry, even limited agreements could have global consequences.