China will purchase at least $17 billion worth of agricultural products from the United States annually following the summit between US President Donald Trump and Chinese President Xi Jinping in Beijing, the White House announced. According to a fact sheet released on Sunday, China will continue the purchases through 2028, with the 2026 target to More
US President Donald Trump says China has agreed to purchase 200 Boeing aircraft, with the number potentially rising to 750 in the future. The deal “includes approximately 200 planes and a promise of up to 750 if they do a good job,” Trump told reporters on Friday, according to Al Jazeera. He said the number More
Iran’s Ports and Maritime Organization (PMO) has announced that the country’s ports are fully capable of providing maritime services to commercial vessels transiting the Strait of Hormuz and regional waters. According to Tasnim News Agency, the PMO issued an official message addressed to captains of commercial vessels operating in the Strait of Hormuz and surrounding More
Kazakhstan’s grain exports to Afghanistan increased more than fourfold in the first quarter of 2026, a media report said on Monday. The Kazinform International News Agency reported that shipments to Afghanistan reached 302,000 tonnes during the period, a 4.2-fold increase compared to the same period last year. Overall, Kazakhstan’s grain exports rose by 18 percent More
The US low-cost carrier Spirit Airlines has announced that it has suspended all flights and begun an “orderly wind-down of operations” following the collapse of a potential White House bailout. In a statement, Spirit Aviation Holdings, Inc., the parent company of Spirit Airlines, said the decision takes effect immediately. “The Company has started an orderly More
The United Arab Emirates (UAE) has announced it will withdraw from OPEC and OPEC+, saying the move is aimed at prioritising its national interests. The decision comes at a time when the ongoing US-Israel war on Iran has triggered major energy market disruptions and shaken the global economy, according to Al Jazeera. State media reported More
German aviation company Lufthansa Group says it will cut 20,000 short-haul flights until October as the Iran war drives up oil prices and raises concerns that some countries may face jet fuel shortages, according to a media report. Lufthansa said on Thursday that it would cancel less profitable routes and focus on flights to and More
According to reports, imports of petroleum products from Russia and Belarus to Afghanistan and Central Asian countries via rail increased by more than 50 percent in the first three months of 2026. Reuters reported yesterday (Wednesday), citing traders, that the increase comes as Russia has redirected its energy flows away from Europe, while the Iran More
Etihad Airways, the national airline of the United Arab Emirates, has announced that it will increase its flights between Abu Dhabi and Kabul to daily services starting from 1 May 2026. In a statement, the airline said the decision comes just six weeks after the launch of the route, due to strong passenger demand. The More
With the outbreak of conflict involving the United States and Israel against Iran, the price of crude oil surged by approximately 68.5%, reaching $112.95 per barrel. However, following the announcement of a two-week ceasefire, prices dropped by about 17%, falling back to $93.75. The United States and Israel launched attacks on Iran on February 28, More
