EXPLAINER
How the US naval blockade has bled Iran of nearly $6bn in oil revenues
Iran is exporting less than one-sixth of the oil it was shipping before the war began.
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US targets Brazil with new tariffs over trade practices
The US plans new 25 percent tariffs on Brazilian imports, citing issues like deforestation and digital trade practices.
Canada seeks USMCA renewal for 16 years, sector tariff discussions
Trade discussions between the two countries have been frozen since late last year.
From: Counting the Cost
China opens its markets to African exports. Who benefits?
China’s tariff-free access for many African products has renewed hopes of industrial growth. But trade remains uneven.
Published On 2 Jun 2026
EXPLAINER
Could Russia hit northern Europe if it gained control of Arctic’s Bear Gap?
Norwegian defence minister warns Russia could pose a grave risk and must not be allowed to control the corridor.
US says ban on AI chip shipments applies to Chinese firms outside China
Department of Commerce issues guidance on chip restrictions amid concerns about loopholes in export control regime.
Canada sidelined in USMCA renegotiations amid growing trade rifts
Canada strengthens Chinese trade ties, seeking economic diversification amid growing US–Canada trade tensions
From: NewsFeed
Trump heads into Situation Room to potentially finalise Iran deal
Donald Trump says he’s in the Situation Room at the White House to make a “final determination” on a deal with Iran.
Published On 29 May 2026
EXPLAINER
US-Iran 60-day proposal: What we know
US-Iran memorandum of understanding reportedly covers Strait of Hormuz, sanctions relief and enriched uranium limits.
EXPLAINER
Why has Trump threatened to bomb Oman, amid Iran war escalation?
The US president has issued a stark warning to a US ally, in a sign of rising tensions over Strait of Hormuz.
China’s secret weapon in AI race with US? Lots of cheap energy
China’s abundant supply of cheap electricity is a key advantage in the rollout of data centres needed to run AI models.
