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China Blocks US Sanctions on Five 'Teapot' Refineries Over Iran Oil
BusinessReutersbloombergAl Jazeera+12Yahoohotnewsstraits-timesnaftemporikichannel-news-asiabalkan-webnewsbeastchina-daily+4 more3mo ago15 sources

China Blocks US Sanctions on Five 'Teapot' Refineries Over Iran Oil

China's Commerce Ministry has officially blocked US sanctions targeting five Chinese 'teapot' refineries accused of buying Iranian oil. This move instructs Chinese firms to ignore the American penalties, signaling Beijing's defiance against Washington's efforts to curb Iran's oil exports.

Trump's Proposed 10% Global Tariffs and Their International Impact
BusinessReutershindustan-timesindian-express+7taipei-timesexpress-tribuneDaily Star BDglobal-timestempo-englishtaiwan-newsdaily-mirror-lk5mo ago10 sources

Trump's Proposed 10% Global Tariffs and Their International Impact

Donald Trump's proposal for a 10% global tariff on imports is coming into effect, raising questions about its potential economic impact on countries like India and others worldwide.

US Expands Blacklist of Chinese Firms Over Xinjiang Forced Labor Allegations
WorldSCMPla-vanguardiachannel-news-asia16d ago3 sources

US Expands Blacklist of Chinese Firms Over Xinjiang Forced Labor Allegations

The United States added 43 Chinese companies to its blacklist over alleged forced labor in Xinjiang, expanding its veto on exports. China's Commerce Ministry denied the accusations, while some international figures, like Chile's Kast, continued to court China despite the US tariffs.

China Imposes Export Controls on Japanese Entities Amidst Rising Tensions
WorldFTAl Jazeeracnbc+13SCMPder-standardNHK Worldorfdelfi-ltil-sole-24-oreTimes of Indiadanas+5 more1mo ago16 sources

China Imposes Export Controls on Japanese Entities Amidst Rising Tensions

China has imposed export controls on dozens of Japanese entities, including drone manufacturers and defense centers, adding them to an export blacklist. This move escalates tensions between the two nations.

Businessstar-malaysianation-thailand2mo ago2 sources

Thai Fruit Exports Surge 56% in First Quarter

Thailand's fruit exports experienced a significant 56% increase in the first quarter, attributed to aggressive global campaigns led by the Commerce Ministry. This surge highlights the success of efforts to boost the country's agricultural trade.

India Achieves Record $863 Billion in Exports for FY26
Businessndtv2mo ago

India Achieves Record $863 Billion in Exports for FY26

India's Commerce Ministry announced that the nation's exports reached an unprecedented $863 billion in fiscal year 2026, bolstered by the India-EFTA Trade and Economic Partnership Agreement which provides duty-free access for a significant portion of exports.

India's Gold Imports Surge by 29% to $69 Billion
Financehindustan-times4mo ago

India's Gold Imports Surge by 29% to $69 Billion

India's gold imports have increased by 29% to $69 billion, according to the Commerce ministry. Prices for the yellow metal are currently around ₹1,51,500 per 10 grams in the national capital.

Global Markets Rattled, Supply Chains Threatened by Middle East Tensions and War Risks
WorldbloombergwsjThe Guardian+16le-figaroel-mundoYahooiefimeridairish-independentKorea Heraldnaftemporikiyonhap-english+8 more4mo ago19 sources

Global Markets Rattled, Supply Chains Threatened by Middle East Tensions and War Risks

Global oil prices are climbing and stock markets are falling, including a €17 billion loss for Greek stocks, as investors perceive no immediate end to the ongoing war, exacerbating Middle East tensions and driving up fuel costs. Markets are particularly rattled by concerns over potential blockages of key chokepoints like the Strait of Hormuz and the Bab el-Mandeb strait, with Wall Street's 'fear gauge' spiking and Asian airlines raising ticket prices. Irish economists warn of escalating global recession risks, while New Zealand's Pharmac monitors medicine supply risks, all contributing to looming energy and supply crises.