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Global oil prices climbed sharply on Monday, with Brent crude rising by 2% to reach $109.33 per barrel. US-traded crude also saw a 2% gain, settling at $96.78. This upward momentum follows the continued closure of the Strait of Hormuz, a critical maritime chokepoint that handles approximately one-fifth of global oil and liquefied natural gas…
Every cup of coffee, cotton shirt and loaf of bread carries an invisible cost: the billions of litres of freshwater consumed in their making, long before they reach any shelf or table. A new World Bank report has placed this hidden burden at the centre of the global trade conversation, warning that the world…
