Norvia's July Flash brings together the main developments in foreign trade, technology, capital markets and geopolitics. This edition highlights how tariffs, artificial intelligence, the stock market reopening and trade diversification shaped decisions by companies and investors throughout the month.

Oil is the leading indicator of geopolitical tension. Conflicts, risk, and strategic disruptions drive volatility, inflation, and energy shocks worldwide.

Wars go far beyond territory. They are strategic moves to gain economic power, resources, and global influence, reshaping the entire geopolitical landscape.