The Indonesian government announced a future crude oil delivery from Russia, marking a step in their agreement to import 150 million barrels by 2026.

The Korean won appreciated against the US dollar, reaching its strongest level in two years due to positive economic data from South Korea.

The Ministry of Commerce has signed a new free trade agreement with a Southeast Asian nation, marking the commencement of enhanced bilateral trade relations.

Samsung Electronics is investing $2 billion in its semiconductor manufacturing facilities in Pyeongtaek to enhance production capacity.

The Strait of Hormuz, a vital passage for global oil transportation, has been closed, causing oil prices to climb sharply.

Prime Minister Mark Carney announced that Canada will not use energy or critical minerals as leverage in upcoming trade negotiations with the U.S., emphasizing Canada's commitment to honoring existing agreements.

The Argentine Senate voted to ratify the European Union-Mercosur Agreement, marking a significant advancement in trade relations with the EU.

Saudi Arabia's Ministry of Energy has declared that key energy facilities and the East-West pipeline are now operational again after recent disruptions caused by attacks.

The Egyptian government extended its ban on sugar exports for three more months to maintain domestic supply and stabilize prices.

Taiwan's GDP increased by 2.5% in the first quarter of 2026, driven by strong performance in the semiconductor industry and increased domestic consumption.

Iran assured the Philippines of safe passage for its vessels through the Strait of Hormuz, following a diplomatic request amid regional tensions.

Samsung's union announced plans for a vote on an 18-day strike from May 21 to June 7 due to unresolved pay disputes.

A Japanese LNG tanker traversed the Strait of Hormuz, resuming energy shipments through the passage amid ongoing regional conflict.

President Claudia Sheinbaum asked Argentina to extradite or deport Rear Admiral Fernando Farías Laguna, involved in a fuel smuggling scheme in Mexico.

Argentina and Brazil signed a new trade agreement focused on reducing tariffs for agricultural products.

AstraZeneca announced a significant investment of £300 million in the UK, focusing on two sites, reversing previous plans to halt large-scale projects.

Italy and Germany have reached a new trade agreement to lower tariffs on agricultural goods.

A critical cancer medication shortage was reported by the Ministry of Health, impacting treatment plans for many patients.

The Turkish Ministry of Trade introduced new regulations aimed at simplifying export processes for SMEs, with the goal of increasing their global market reach.

The Turkish government decided to halve the accommodation tax rate as part of a strategy to stimulate the tourism sector.

The European Union and the Mercosur bloc announced the implementation of a free trade agreement.

The US government decided to release 92.5 million barrels of oil from its strategic petroleum reserves.

The European Union has approved a stepwise ban on Russian natural gas imports, scheduled to phase out LNG by January 2027 and pipeline supplies by September 2027.

Sanctioned oil tankers falsifying location data are bypassing the U.S. blockade, loading oil in Iranian ports.

President Prabowo stressed the necessity for immediate enhancements to Indonesia's economic resilience in response to escalating global conflicts affecting commodity prices domestically.