Oil prices soar on fears of long supply disruption, US siege of Iran ports
US President Trump meets with oil firms over ways to minimise impact on fuel supplies amid US blockade of Iranian ports.

US President Trump meets with oil firms over ways to minimise impact on fuel supplies amid US blockade of Iranian ports.




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Tehran says Iraq will face no restrictions in waterway, praising country’s ‘struggle’ against the US.
US households paid $1,000 more for the same goods over the past year, with lower-income families hit the hardest.
The world’s two largest economies trying to hash out trade issues before US President Trump is expected to visit China.
Some First Nations are challenging Carney’s resource-extraction plans to strengthen Canadian economy from US threats.
Experts say Trump must offer ‘tangible economic benefits’ to Latin America to curb China’s growth in the region.
Lawsuit is to stop the 10% tariffs that Trump immediately imposed after US Supreme Court struck down previous tariffs.
The US has relocated 15 aircraft, including refuelling tankers, from military bases in southern Spain.
The search of CK Hutchison’s subsidiary marks the latest turn in rising US-China tensions over the vital trade canal.

A Supreme Court setback on tariffs challenges Trump’s protectionist trade strategy.
Carney’s trip comes at a time when he’s looking for new markets for Canadian exports to diversify from the US.