CIARA-CEC says an Argentine maritime workers' strike is blocking ships from entering or leaving grain ports.

Bessent told CNBC an agreement with Iran to reopen the Strait of Hormuz could be reached as soon as tomorrow, possibly Tuesday or Wednesday. He said Gulf security has been unstable in recent days but many vessels are still transiting the strait. He expects energy prices to ease and said falling prices could prompt a sizable rebound trade.

South Korea’s trade minister Kim Jung-kwan said the government will reassess joining the Comprehensive and Progressive Agreement for Trans‑Pacific Partnership (CPTPP) to open new markets including ASEAN and Mexico and to accelerate exports of cultural content and consumer goods. The review will include consultations with stakeholders, notably the agricultural sector and the National Assembly; the ministry listed “expanding the economic map” as a core H2 policy objective.