Over a quarter of global seaborne oil flows through the Strait of Hormuz—making Asia’s top economies especially vulnerable to any disruption.
All posts tagged Global trade

Why the Strait of Hormuz Remains the World’s Most Critical Oil Chokepoint
Posted on Author Deena ZaidiPosted in China, United States of America, World Economy, World economy, World trade
Roughly 20% of global oil and LNG flows through the Strait of Hormuz—making any disruption a potential shock to global energy markets.

U.S. Trade Deficit Drops 56% as April Imports Fall
April’s trade deficit plunged from a revised $138.3 billion in March to $61.6 billion, driven by a 16% drop in imports that reversed the pre-“liberation day” spike.

U.S. inflation drops to 2.4% as egg prices peaked at $6.23 per doz. in March
U.S. inflation dropped to 2.4% in March as consumer prices fell slightly, easing from 2.8% in February. The dip comes amid new tariffs from President Trump and ongoing Fed caution on interest rate cuts. Food prices, however, continued to rise—egg prices surged 60.4% year-over-year.