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Top Stories: Page 58

USA Rare Earth to Acquire Brazilian Mining Company
Brazilian miner Serra Verde is expected to represent more than half of all production of non-China HREE supplies by 2027.
Wolframite, the primary ore for tungsten. Photo: iStock/Wirestock
Confusion, Caution Over Hormuz Access
The U.S. is apparently continuing its naval blockade on ships accessing Iran.
An aerial 3D illustration render of cargo ships stuck in the Strait of Hormuz. Image: iStock/quantic69
Airlines Cancel Flights, Request Emergency Funds
There are growing concerns that other airlines worldwide may reduce services as aviation fuel costs climb because of the war in Iran.
Photo: iStock/jimfeng
Hormuz Shipping Traffic Grinds to a Halt as Tensions Deepen
Tehran again shut the waterway following a refusal by the U.S. to lift its own naval blockade of Iran’s vessels.
Hormuz Traffic
Oil Tankers Start to Dash for Hormuz as Shipowners Seek Answers
“Would you be the first penguin off the ice floe to test the water?” one shipowner asked.
Photo: iStock/Jacynthroode
Retail Associations Urge Preservation of USMCA
The associations urged the Trump administration to maintain a tripartite, cross-border, tariff-free deal.
Photo: iStock/ronniechua
Iran Says Hormuz to Open During Lebanon Truce in Boost for Peace
Hormuz is “open and ready for business,” Trump said on Truth Social on April 17.
Photo: iStock / PeterHermesFurian
Panama Canal Traffic Jam Spurs $4M Line-Jumping Payment
The $4 million payment was up from the less than $1 million that some vessels were paying to cut in line at the Panama Canal as recently as early March.
Photo: iStock/Ceri Breeze
Iran War Exposes Economic Fragility of Pacific Islands
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.
Photo: iStock / chameleonseye
World's Largest Chocolate Maker Slashes Profit Forecast for Fiscal Year
Despite the weaker earnings outlook, Barry Callebaut said that it expects sales volumes to recover in the second half of the year.
Photo: iStock / Narong KHUEANKAEW
Turkey to Improve Transport Network as It Eyes Europe-Gulf Route
The aim is to eventually create a contiguous corridor between southern Europe and the Persian Gulf.
The Varda rail viaduct in Southeastern Turkey. Image: Photosensia
TSMC Sees 58% Boost to Profits in Q1 of 2026
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.
Photo: iStock / BING-JHEN HONG
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