The Houthis’ aim to force Saudi Arabia and the U.S. to lift the U.S. blockade on Iranian oil tankers in the Persian Gulf.

Port director Seroka said September is shaping up to be another strong month, and that the port is confident in its momentum headed into the rest of the year.

Trump also directed the General Services Administration to bar Canadian products from a federal purchasing program that manages more than $50 billion in contracts.

Iran's Islamic Revolutionary Guard Corps says that it successfully hit two U.S. vessels and eight oil tankers, marking the most significant escalation of the conflict in weeks.

The Japanese beer-maker plans to shift production of its non-alcoholic beer, currently made in Canada for U.S. customers, to the U.S. by the first half of 2027.

Supplies from the Organization of the Petroleum Exporting Countries declined by 900,000 barrels a day last month to average 19.91 million a day.

The World Meteorological Organization warns that there's a near 100% likelihood of this Super El Niño season's peak extending through February 2027.

The Panama Canal Authority already cut draft restrictions for Neopanamax vessels twice this summer.

Canada's levies range between 15% and 50%, targeting steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics.

Ships larger than 12,000 TEUs have contributed two-thirds of the 10 million TEU added since early 2021.