Tag: metals
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Maximum Pressure: Unpacking the U.S. Sanctions on Iran’s Oil Industry and Their Global Impact
The United States’ New Sanctions on Iran’s Oil Industry The United States has imposed a new round of sanctions on Iran’s oil industry, targeting over 30 brokers, tanker operators, and shipping companies involved in transporting Iranian petroleum. Announced by the Treasury Department, these sanctions aim to curtail Iran’s oil exports and revenue, further restricting the…
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Ukraine’s Dry Bulk Exports Rebound: The Resilience of the Black Sea Corridor Amid Conflict
Ukraine’s Dry Bulk Exports Surge Amid Black Sea Corridor Resilience Ukraine’s dry bulk exports have surged as the Black Sea corridor has proven resilient, despite ongoing conflicts. The Black Sea is crucial for Ukraine’s export of goods such as grain, coal, and metals. The resilience of the corridor has been attributed to the efforts of…
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Trump’s 2025 Tariff Shockwave: Global Trade Tensions and Economic Impact
Trump’s 2025 Tariff Announcement: Global Impact and Reactions Overview of Trump’s Tariff Announcement On January 31, 2025, President Donald Trump announced a series of new tariffs on various imports, marking a significant shift in his trade policies. The tariffs were targeted at Canada, Mexico, and China, with specific rates and sectors affected as follows: Canada…