July 21, 2026 10:19 am, EDT Tourists view a Hapag-Lloyd containership at the Agua Clara Locks near Colon, Panama on February 10, 2026. (Luis Antonio Rojas/Bloomberg) key takeaways: The Panama Canal Authority will temporarily suspend part of the booking system for ships wanting to use the waterway linking the Pacific and Atlantic oceans, according to
July 21, 2026 8:55 am, EDT Fireworks are fired during a rally of Houthi supporters against the Saudi-led coalition in Sanaa, Yemen, on July 20, 2026. (Osama Abdulrahman/AP) key takeaways: Attacks between the US and Iran continued for a 10th day as mediators sought to restore a ceasefire and the Houthis threatened Red Sea shipping.
July 20, 2026 8:06 am, EDT Drivers refuel at a gas station in North Miami Beach, Florida. (Jack Bennett/Bloomberg) key takeaways: Average US gasoline prices climbed above $4 a gallon as the US-Iran conflict intensified and concerns grew about disruptions to global fuel supplies. Refining bottlenecks, a reduction in Russian refining capacity, lower imports and
July 20, 2026 at 8:50 am, EDT Kawomelis reappeared in the Strait of Hormuz along the Omani coast early on 20 July, indicating it was at anchor. (Bloomberg) key takeaways: Visible tanker traffic in the Strait of Hormuz came to a near halt after two ships operated by Dynacom were attacked due to Iranian attacks
July 20, 2026 9:26 am, EDT A cargo ship loaded with Chinese-made trucks leaves Yantai port in China’s Shandong province. (CPhoto/Future Publishing/Getty Images/Bloomberg) key takeaways: Mexico’s increase in Chinese heavy-truck imports has become a sticking point in US-Mexico trade talks as both countries review the USMCA. Mexican imports of Chinese trucks have increased more than
July 20, 2026 10:15 am, EDT (Magnolia Oil & Gas Corp.) key takeaways: Magnolia Oil & Gas Corp. agreed to acquire Wildfire Energy for about $4.1 billion, including debt, the company’s largest acquisition and an expansion of its Eagle Ford Shale position. The transaction includes the assumption of 32.2 million Magnolia Class A shares and
July 20, 2026 1:19 pm, EDT (Western Trailer via Facebook) key takeaways: ACT Research said net trailer orders in early June fell 9% year over year to 13,500 units and were down 35% from May. The slowdown reflected a return to normal seasonal patterns after unusual order strength in April and May due to improving
July 20, 2026 8:25 am, EDT | Update: July 20, 2026 2:20 pm, EDT An overturned car rests on a section of a bridge destroyed after an attack in Hormozgan province in southern Iran on July 18. (Mahdi Negahban/Mehr News Agency via AP) key takeaways: Oil prices steadied after rising earlier, as the US announced
July 20, 2026 2:31 pm, EDT Iraq is using a huge fleet of trucks to move fuel oil through Syria and away from the Strait of Hormuz. (Peter Pencille/Getty Images) key takeaways: Iraq rapidly expanded fuel oil trucking through Syria, helping make Syria the Middle East’s largest fuel oil export hub in June. The change
July 20, 2026 3:07 pm, EDT ADM Decatur, Ill., facility. (ADM) key takeaways: ADM appointed Syngenta CEO Jeff Rowe as chief operating officer, effective August 17, reporting to CEO Juan Luciano. The appointment expands ADM’s leadership as it pursues biofuels growth and a strong soybean business while recovering from accounting-related investigations. Rowe will oversee commercial