Black Sea attacks choke grain exports and drive up global prices
Escalating attacks on Black Sea ports, cargo vessels and export infrastructure have crippled a vital global grain trade route, threatening supplies...
Japan and Britain have agreed to deepen co-operation on critical mineral supply chains and economic security, as both countries seek to reduce vulnerabilities in global trade and strengthen ties with like-minded partners.
Japanese Prime Minister Sanae Takaichi and British Prime Minister Keir Starmer reached the agreement during talks in Tokyo on Saturday, highlighting growing international concerns over export restrictions and supply chain disruptions.
Takaichi said it was imperative for Japan, the United Kingdom and their partners to work together to reinforce supply chains, particularly for critical minerals, under the framework of the Japan-UK Economic Security Partnership.
Both leaders also agreed to expand bilateral co-operation in cyber security and space, signalling a broader push to elevate strategic relations beyond trade and investment.
Starmer said the two countries, as major trading nations, share a strong interest in maintaining free and predictable trade and supporting a free and open Indo-Pacific. He added that London and Tokyo would work to strengthen international institutions that provide economic stability, including efforts to expand the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and deepen its co-operation with the European Union.
Takaichi confirmed that Starmer invited her to visit Chequers, the British prime minister’s official country residence, as both sides agreed to take Japan-UK co-operation “to new heights”.
The Tokyo meeting marked the final leg of Starmer’s East Asia tour, following talks in Beijing earlier this week focused on trade and travel ties.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Escalating attacks on Black Sea ports, cargo vessels and export infrastructure have crippled a vital global grain trade route, threatening supplies to food-importing nations and driving prices higher.
Türkiye on Wednesday rejected Israel’s justification for striking a Syrian airbase near its border, calling the claims “untenable” as tensions between the two countries rise over Syria.
Uzbekistan plans to open a logistics centre at Georgia’s port of Poti by 2027, with capacity to handle up to 500,000 tonnes of cargo a year, as Tashkent strengthens transport links through the South Caucasus.
The U.S. imposed sanctions on the International Criminal Court's (ICC) President Tomoko Akane and a senior trial lawyer at the court Abdoulaye Seye on Tuesday, Secretary of State Marco Rubio said.
Ukraine's parliament has approved Yevhenii Khmara as the country's new defence minister, cementing a key leadership change as Kyiv navigates wartime priorities and a broader government reorganisation.
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