Middle East Ceasefire Begins, Raising Hopes—and Questions—for Oil Prices and the Global Economy
Tensions in the Middle East are beginning to ease as a 10-day ceasefire between Hezbollah and Israel officially takes effect, offering a temporary pause in a conflict that has weighed heavily on regional stability and global markets. The development comes alongside renewed diplomatic signals from Washington. U.S. President Donald Trump has expressed optimism about a…
China Urges Protection of Navigation in the Strait of Hormuz as Iran–US Tensions Escalate
BEIJING — The government of China has urged all parties to safeguard maritime navigation in the Strait of Hormuz after the critical shipping route was reportedly closed following escalating tensions between Iran and the United States on Saturday (February 28, 2026). According to a report by Bloomberg, China—currently the world’s largest importer of oil and…
