The government-owned corporation expects to save as much as $400 million Canadian ($291.96 million) annually by scaling back home deliveries.

Brazilian miner Serra Verde is expected to represent more than half of all production of non-China HREE supplies by 2027.

The U.S. is apparently continuing its naval blockade on ships accessing Iran.

There are growing concerns that other airlines worldwide may reduce services as aviation fuel costs climb because of the war in Iran.

The associations urged the Trump administration to maintain a tripartite, cross-border, tariff-free deal.

With few signs that the Strait of Hormuz will be fully open to tankers anytime soon, islands in the Pacific face a deepening crisis with no end in sight.

Despite the weaker earnings outlook, Barry Callebaut said that it expects sales volumes to recover in the second half of the year.

TSMC also warned of potential long term impacts to profitability from the ongoing war in Iran, which has impacted the global supply of chemicals used in chipmaking.

In the case of a prolonged conflict in the Middle East, energy markets and economies around the world need to brace for significant disruptions in the months to come. 

Rising input costs tied to the conflict in the Middle East are adding strain to an already challenging farm economy, said the American Farm Bureau Federation.