1. Cargo traffic in the Strait of Hormuz reaches historic low: According to data from maritime analysis company Kpler, cargo traffic in the Strait of Hormuz fell this week to its lowest level since the start of the conflict. Kpler, which tracks cargo ships, said it recorded only one ship crossing the strait on May 4 and none on May 5. This is the lowest figure since the start of the war, following the American-Israeli attacks against Iran on February 28.
2. Fall in oil prices below $100/barrel: On the afternoon of May 6, world oil prices fell sharply, driven by renewed hope of an end to the war in Iran. This market reaction was mainly fueled by the announcement of an imminent agreement between the United States and Iran for the reopening of the Strait of Hormuz and an end to the conflict. Specifically, as of 6 p.m. Vietnam time, North Sea Brent fell 10.8% to $98.04/barrel, while US WTI fell 12.5% to $89.51/barrel.
3. ADB: Three pillars for sustainable integration of Asia into global value chains: Against a backdrop of geopolitical tensions, supply chain disruptions and rapid technological change, the AfDB identifies three key policy priorities to enable countries to integrate more sustainably into global value chains. First, in the face of significant global volatility, resilience becomes a new indicator of the competitiveness of each economy. Alongside resilience, environmental sustainability is gradually redefining the rules of the game for participation in global value chains. Finally, inclusion remains a fundamental objective at all stages of integration into value chains.
4. The United States is considering strengthening AI regulation: US President Donald Trump’s administration is considering requiring artificial intelligence (AI) models to be reviewed by government agencies before their public release, marking a notable reversal from its previous, less interventionist approach. The White House is discussing an executive order to create a task force of technology company executives and government officials to review processes for evaluating new AI models before they come to market. Senior officials met last week with representatives from Anthropic, Google and OpenAI to present some relevant information.
5. India aims to become a major player in the semiconductor value chain: On May 6, the Indian government announced the approval of two new projects in the semiconductor sector, worth a total of $414 million. This is an important step in the country’s strategy to become a global electronics hub. These two projects include an integrated LED display manufacturing plant (for mini and micro display modules) and a chip encapsulation unit supplying components to the automotive, industrial and consumer electronics sectors.
6. The IMF warns of the risk of recession in Europe if the conflict in the Middle East continues: According to Euronews, the latest report from the International Monetary Fund (IMF), published on May 5, indicates that the European economy remains resilient, but that it is increasingly vulnerable to external shocks, particularly in the context of the energy crisis linked to the war in Iran and the closure of the Strait of Hormuz. The institution advocates rapid reforms, such as completing the single European market through better interconnection of electricity networks, deepening financial integration and increasing productivity.
Source : https://baotintuc.vn/kinh-te/diem-tin-kinh-te-the-gioi-noi-bat-ngay-652026-20260506204337455.htm
/2026/05/05/69f9f460732c8273570201.jpg "The five novels to read in May 2026")