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Trade News

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Map showing the Gulf of Oman and Strait of Hormuz
25 March, 2026

Day in Trade: UK bids to host summit of allies trying to reopen Strait of Hormuz, while US-EU tensions rise ahead of trade deal vote

The price of oil has dipped back to under US$100 today as countries continue to seek a way to reopen the Strait of Hormu…

Australia and EU flags lying next to one another
24 March, 2026

The Day in Trade: EU-Australia trade deal, oil prices spike again and Reeves to set out UK’s economic response to Middle East war

EU and Australia have agreed a trade deal worth the equivalent of £5bn after years of negotiations, while oil prices spi…

Person checking the latest news stories on their phone in the foreground, with a laptop in the background also showing news stories
23 March, 2026

Week Ahead in International Trade: UK Cobra meeting to discuss impact of Iran war on business and supply chains

Governments are thinking on how to resolve the impending energy crisis just as US President Donald Trump said he had had…