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China's imports in July, calculated in US dollars, grew at an annual rate of 27.5%, below the expected 27.70% and the previous month's 36.00%.

2026-08-07

China's imports in July, calculated in US dollars, grew at an annual rate of 27.5%, below the expected 27.70% and the previous month's 36.00%.

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2026-08-07

US outlet MS NOW reports Oman and Iran have agreed a temporary framework to reopen the Strait of Hormuz without transit fees. Under the proposed corridor, commercial vessels would enter the Persian Gulf via Iran-controlled routes and exit via Oman-co

US outlet MS NOW reports Oman and Iran have agreed a temporary framework to reopen the Strait of Hormuz without transit fees. Under the proposed corridor, commercial vessels would enter the Persian Gulf via Iran-controlled routes and exit via Oman-controlled routes. Iranian officials say the arrangement is fee-free and will be presented as a temporary measure that could pave the way for a Washington‑Tehran ceasefire announcement and revival of nuclear talks; the IMO and the US are expected to join a formal announcement. Gulf Cooperation Council members have reportedly endorsed the plan. Timing has not been disclosed. US support will depend on final details; a US official said Washington only backs a temporary reopening that is unimpeded and fee‑free.
2026-08-06

India's commerce ministry denied granting the United States preferential treatment for ethanol in trade talks.

India's commerce ministry denied granting the United States preferential treatment for ethanol in trade talks.
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