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Global Trade & Economics

tankers and container cargo ships clustered in aerial 3D illustration render.

Shipowners Face Sanctions if They Pay Iran Hormuz Fees

May 4, 2026
SupplyChainBrain

Non-U.S. persons who pay could also face civil and criminal enforcement liability if payments cause U.S. persons, such as insurers and financial institutions, to violate sanctions.


Read More
A silicon wafer reflecting different colors

Bad Data Is the Biggest Export Compliance Risk Chip Makers Face

May 4, 2026
Ankur Gupta, Senior Director of Product Management, Model N

Managing trade restrictions has always been a manufacturing supply chain challenge, but the difficulty is quickly ratcheting up.


Read More
A large blue cargo ship being approached by a small yellow boat

Somali Pirates Hijack Oil Tanker in Red Sea

May 3, 2026
SupplyChainBrain

The Houthis and Somali pirates have cultivated an alliance over the years, with the rebels at times providing technology and military backup.


Read More
A red and black container ship in open ocean

Trump Says U.S. to Start Guiding Trapped Ships Through Hormuz

May 3, 2026
Bloomberg

This new effort does not currently involve U.S. Navy escorts, but rather a coordination process for countries, insurance companies and shipping organizations.


Read More
AN AERIAL SHOT OF AN OIL TANKER AT SEA WITH OTHERS IN THE DISTANCE

Oil Tanker Pricing Feud Embroils a Centuries-Old London Market

May 3, 2026
Bloomberg

The case is the latest example of how oil traders and shippers are struggling to adjust to the disruption wrought by the near-closure of the Strait of Hormuz.


Read More
A BMW logo on the front of a car

EU Parliament Trade Chief Calls Trump Tariff Threat Unacceptable

May 1, 2026
Bloomberg

Trump on May 1 said he would boost levies on cars and trucks from the European Union to 25%.


Read More
A HAND HOLDS UP A GLASS OF GOLDEN LIQUID IN FRONT OF A DRAMATIC LAKE VALLEY WITH MOUNTAINS

Trump Lifts Tariffs on Scotch Whisky

May 1, 2026
SupplyChainBrain

The U.S. continues to consume vast quantities of Scotch, in 2025 buying the equivalent of 120 million bottles, almost one for every two American adults of drinking age.


Read More
A VISUAL MEDLEY OF CHINA'S FLAG WITH A PAN-AFRICAN FLAG

China to End African Tariffs

May 1, 2026
SupplyChainBrain

Analysts say that tariffs are rarely the main obstacle for exporters in Africa, which as a continent has a huge trade deficit with China, rising in 2025 by 65% to about $102 billion.


Read More
tankers and container cargo ships clustered in aerial 3D illustration render.

Iran Doubles Down on Fight for Control over Strait of Hormuz

May 1, 2026
SupplyChainBrain

Khamenei stressed that Iran has no intention of relinquishing control of the Strait of Hormuz, and that the country plans to implement new legal frameworks for managing the waterway.


Read More
AN AERIAL VIEW OF A BUSY PORT

Tariffs Drive Chaotic Year for Imports at U.S. Ports in 2025

May 1, 2026
SupplyChainBrain

"2025 will surely be remembered as the year U.S. tariffs rewrote the global trade playbook," Descartes said in its Top 30 U.S. Ports report released on April 28.


Read More
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Global Trade & Economics

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