Analysts are warning oil prices will rise, as companies stop transporting fuel and goods in the Red Sea due to attacks on commercial ships. The disruption to the route is a big deal with 30% of global container trade passing through the Suez Canal. The European Union and the US are taking another break from their trade war – they’ve agreed to temporarily stop imposing extra taxes on EU-made steel and aluminium, as well as various US-made products. For the first time, the Netherlands is growing cannabis legally as part of a small experiment that could eventually be rolled out across the nation, and possibly beyond.
