Global Scans · Trade · Weekly Summary

WHAT'S NEXT?: Global trade policies could be upended with a new President in the White House, Brexit, a potential break-up of the European Union and China reacting to these changes in profound ways.

• [New] Amid rising tensions in the Middle East, Iranian authorities have threatened to block the Strait of Hormuz, a critical chokepoint for global energy trade. Reccessary
• [New] Crude oil prices rose for the third straight week as heightened tensions between Iran and Israel threatened supply disruptions, although Iran continued to export crude oil, reaching its highest level in five weeks. Bogart Wealth
• [New] China will remove tariffs imposed in response to US actions, reducing tariffs on US imported goods to 10%. Global Cold Chain Alliance
• [New] Negative Possible disruption in oil/LNG supplies (40-50% of India's energy imports via Hormuz): Any blockade or supply cut through Hormuz will critically disrupt India's energy imports. INSIGHTS IAS - Simplifying UPSC IAS Exam Preparation
• [New] Trade tensions, such as the imposition of high US tariffs on Chinese UCO, or broader diplomatic frictions, could abruptly disrupt supply flows. FastMarkets
• [New] The ongoing US-China trade war, along with policy frictions such as the early-2025 imposition of a 10% tariff on Canadian biofuels, has rattled investor confidence and highlighted the vulnerability of cross-border UCO flows. FastMarkets
• [New] As the world's largest oil importer and a major manufacturing hub, China faces particular vulnerability to energy supply disruptions that could cascade through its industrial base. Discovery Alert
• [New] India faces a rare geopolitical opportunity - to integrate into the reconfigured global supply chains, reduce dependency on traditional partners, and assert itself as a global manufacturing and export hub. Civilsdaily
• [New] Despite increased Iranian exports and no major disruptions reported, oil derivatives markets reflect heightened risk, with bullish options premiums at a decade-high and shipping costs from the Middle East to China up over 50%. Marcellus Drilling News
• [New] A blockade would lead to a surge in oil prices, supply chain disruptions, inflation, and reduced global economic growth, with particularly severe impacts on energy-importing nations in Asia and Europe. archyde
• [New] Economic Competition: Bangladesh could leverage the competition between China and India to maximize development aid, trade agreements, and infrastructure investments. The Financial Express
• [New] The Australia-Vietnam Green Economy Program, with its capstone summit, will drive new collaboration between Australian and Vietnamese businesses in the green economy, create trade and investment opportunities, and build connections among leading experts in the bilateral relationship. Scribd
• [New] Gender biases among international trading partners may raise additional barriers, underscoring the importance of Canada's efforts to promote equitable trade opportunities for women entrepreneurs. GAC
• [New] Canada's economic outlook for 2025 is marked by exceptional uncertainty, primarily stemming from the unpredictable trajectory of U.S. tariffs and trade policy more generally, and their future impact. GAC
• [New] The proliferation of import duties could disrupt global supply chains and dampen investor confidence. GAC
• [New] As the largest buyer of Iranian oil exports, China would face the most obvious consequences from any disruption to the flow of petroleum, though its current stockpiles may offer some respite. financialpost
• [New] Trade tensions and rising protectionism could impair corporate asset quality, particularly in sectors reliant on imports and exports. Crowdfund Insider
• [New] So far in the Israel-Iran conflict, there have been no crude oil supply cuts or disruptions in the oil trade, which can potentially drive up oil prices around the world. Mint
• [New] Iran's proxies escalate regional instability: Houthi attacks disrupt global trade, Hezbollah threatens Israel with daily rocket barrages and PMF militias target US forces in Iraq. Blak and Black
• [New] Additional relief signals in inflationary pressures could revive trust in US economic performance and relieve concerns related to tariffs. World Stock Market
• [New] Pakistan has recently established a trade mission in Singapore to strengthen bilateral economic ties and explore new trade and investment opportunities. brecorder
• [New] As doubt remains over the Chinese markets' accessibility, American beef exporters should actively seek new opportunities and take proactive steps to remain resilient amid potential future trade shifts. JD Supra

Last updated: 26 June 2025