Over the past year, more than $1 billion in Venezuelan oil shipments to China has been relabeled as Brazilian crude by traders, according to tanker tracking firms, company documents, and traders quoted by Reuters. This practice allows buyers to lower logistics expenses and avoid US sanctions.Chinese independent refiners primarily purchase seaborne…
President Donald Trump announced on Sunday evening that he would sign an executive order aimed at reducing prescription drug…
Following discussions in Geneva, China and the US have agreed to a trade war truce, effective Wednesday, which will…
Wall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States…
Tensions between India and Pakistan continued to escalate for a third day after India’s retaliatory military operation, dubbed Operation…
International Airlines Group, the owner of British Airways, has placed a landmark order for 32 long-haul jets from Boeing…
China has imposed a ban on the export of seven rare earth elements without an export license, effective since…
Something unusual is happening in global currency markets, and most people aren’t paying attention. This week, the Taiwan dollar surged…
President Donald Trump suggested on Friday that an 80% tariff on Chinese imports “seems right,” ahead of high-stakes trade…