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Logistics & Trade

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China–UAE News
Source: MEED

Chinese-Linked Automaker Rox Begins Commercial Vehicle Assembly in Abu Dhabi

Chinese-linked automaker Rox has launched vehicle assembly at Khalifa Economic Zones Abu Dhabi, rolling out the first three Rox Adamas models bearing the Made in the Emirates mark. The 10,000-square-metre facility aims to reach an annual capacity of 20,000 units by 2027 and expand to 300,000 units by 2030. The project is part of Abu Dhabi's initiative to develop a domestic automotive manufacturing and export ecosystem.

Industry News
Source: CBS News

Oil Prices Rise as US and Iran Exchange Threats Amid Hormuz Tensions

Global oil prices rose as the U.S. and Iran traded threats amid their seven-month war, stoking maritime security concerns in the Strait of Hormuz and Red Sea. A commercial vessel was hit in the Strait of Hormuz, leaving one crew member dead, while talks on a seven-day reopening proposal remain preliminary. Chinese President Xi Jinping has called for the conflict to be resolved through negotiations.

Industry News
Source: CBS News

Oil Prices Rise Above $105 as U.S.-Iran Tensions Threaten Shipping Routes

Brent crude climbed back over $105 a barrel amid warnings of expanding conflict between the United States and Iran. Maritime risks mounted following a fatal commercial ship strike in the Strait of Hormuz and threats to Red Sea energy routes. Diplomatic discussions during the United Nations General Assembly have produced little sign of a peace deal.

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