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Iran Economy
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A number of Chinese vessels have begun transiting the Strait of Hormuz under Iranian management protocols following a decision by the Islamic Republic, according to an informed source.14 May 2026-15:16
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US President Donald Trump is set to begin his visit to China on Wednesday, 13 May. According to the Chinese Foreign Ministry, the visit will last until 15 May, with key talks between Trump and Chinese President Xi Jinping scheduled for 14–15 May. The official programme includes a welcoming ceremony, bilateral meetings, a visit to the Temple of Heaven, and a state banquet.12 May 2026-14:23
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US President Donald Trump has once again pointed to record gains on Wall Street as proof of what he described as a “booming” US economy, even as the ongoing conflict with Iran continues to drive up living costs for many American households.07 May 2026-09:16
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The UAE’s strategic Fujairah port has reportedly been emptied of oil tankers, with maritime tracking data indicating a disruption to crude loading operations and expectations of a further decline in oil exports next month.06 May 2026-11:59
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A senior Iranian lawmaker has said there are no concerns over the supply of agricultural products and essential goods in the country, adding that potential external pressures, including reported threats of a naval blockade, would not affect the agricultural sector due to the country’s high level of domestic self-sufficiency.05 May 2026-14:55
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International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Monday that the global economy could face a “much worse outcome” if the Middle East conflict continues into 2027, particularly if oil prices rise to around $125 per barrel.05 May 2026-10:18
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Iran’s Meteorological Organisation has issued an orange weather warning for 14 provinces, including Tehran, as heavy rain, thunderstorms and strong winds are expected to intensify from Wednesday through Friday.29 Apr 2026-10:16
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