Trade

Iraq delays July public salaries as Strait of Hormuz blockade guts oil revenue

Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.

Shia Muslims gather along the Bayn al-Haramayn or "between the two sanctuaries", a 378-meter open marble-paved avenue linking the Imam Hussein Shrine and Imam al-Abbas Shrine, in the city of Karbala on August 4, 2026.
Digital prediction market interface showing event contracts and probability rates.

Could Kalshi become a new tool for political analysts?

Detail view of US Vice President JD Vance motorcade is seen at the Serena Hotel shortly after his arrival on April 11, 2026 at Islamabad, Pakistan; Illustrative.

Pakistan aims to double US trade to $20 billion in five years

A member of the Bolivarian National Militia holds a Russian-made 9K338 "Igla-S" (SA-18) man-portable air-defense (MANPAD) surface-to-air missile launcher as he takes part in a rally against US military activity in the Caribbean

Iran to receive hundreds of Chinese shoulder-launched missiles systems in weeks


Indian rice exports climb 5% in first half of 2026 as non-basmati shipments rise, sources say

India's rice exports from January to June rose to 12.27 million metric tons from 11.68 million tons in the same period a year ago, despite concerns that recent weather patterns could hurt production.

A shopkeeper speaks on the phone as he sells rice and grains inside a wholesale market in Kolkata, India, January 13, 2026.

Israel bans import of goods made with forced labor to align with international trade standards

The executive directive instructs the Economy and Industry Ministry to establish regulations banning such goods in accordance with standards set by international law.

Mamadou Neyen from Senegal, agricultural worker, picks peppers on a day of high temperatures on July 16, 2026 in Lebrija, near Seville, Spain.

Canada to consider retaliating against latest Trump tariffs, Carney says

Canada's Prime Minister Mark Carney's remarks came as US Trade Representative Jamieson Greer said he hoped to strike interim trade deals with Mexico and Canada this year.

US President Donald Trump and Canada's Prime Minister Mark Carney attend a meeting of the North Atlantic Council (NAC) during the NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Iran expands trade with Pakistan as experts claim it will ‘ease the squeeze’ of Hormuz blockade

Outside of Iran's efforts to strengthen trade with Pakistan, Iraqi Prime Minister Ali Faleh Al-Zaidi confirmed that officials would be visiting Iran on Thursday to discuss bilateral cooperation.

A vessel in the Strait of Hormuz, as seen from Musandam, Oman, July 16, 2026

US imposes new tariffs on Canadian imports over 'discrimination' of American products

The Trump administration has long complained that Canada and China implemented retaliatory measures in response to the barrage of tariffs Trump has tried to impose since returning to the White House.

US PRESIDENT Donald Trump speaks to reporters over the North Atlantic as he returns to Washington from the World Economic Forum in Davos, Switzerland, aboard Air Force One, US, January 22, 2026.

'Point of no return': Belgium becomes fourth European country to ban imports from West Bank

This makes Belgium the fourth European country with an import ban on Israeli settlements. Spain was first in September 2025, followed by the Netherlands and then Ireland. 

Belgian Prime Minister Bart De Wever walks as members of the parliament applaud, at the Belgian Parliament in Brussels, Belgium.

Lebanon, Syria launch talks to reset trade ties, review Assad-era deals

The two countries have been undertaking a reset in ties since the end of nearly half a century of Assad family rule that saw Syrian troops stationed in Lebanon for almost 30 years.

Lebanon's Prime Minister Nawaf Salam and Syria's Foreign Minister Asaad Hassan Al-Shaibani attend a joint press conference in Beirut, Lebanon, July 2, 2026

Germany opposes EU trade embargo on West Bank settlements, freezes latest attack against Israel

Pro-Palestinians in the EU have so far failed in their demand to suspend the EU's association agreement with Israel, or to harm trade with the Jewish state

PRIME MINISTER Benjamin Netanyahu and German Interior Minister Alexander Dobrindt sign a cybersecurity agreement between Israel and Germany.

China halts helium exports amid renewed Middle East conflict

Beijing said the temporary ban is intended to prevent domestic shortages as renewed Middle East fighting threatens supplies of the gas used in semiconductor manufacturing.

A Chinese national flag is seen in front of a CMA CGM container ship docked at Yantian Port on May 7, 2026.

Pakistan launches new trade corridors through Iran, China to central Asia, bypassing Afghanistan

Pakistan’s new Iran and China trade corridors give Central Asian countries alternative access to Pakistani ports after Islamabad closed key Afghan crossings over security concerns.

 AFGHANISTAN-PAKISTAN-UNREST Goods carrier trucks stalled near the closed Torkham border crossing between Afghanistan and Pakistan in Nangarhar province on October 21, 2025.