The latest IMF analysis broadly corroborates the conclusion we reached a year ago that higher defence spending will not turbocharge economic growth. The near-term boost to output will be smaller than...

In the coming months, depressed shipments of non-energy commodities through the Strait of Hormuz risk disrupting some supply chains using aluminium, plastics and synthetic rubber. The risks are...

After a strong start to the year, the early signs are that disruptions from the Iran war did not deal a heavy blow to world trade in March. In other trade developments, China continues to gain global...

A tax on shipping through the Strait of Hormuz would be unlikely to have major near-term implications for global energy markets, trade or wider economic activity. But depending on how it is structured...