Bloomberg(center)
As the war in Iran sent oil prices soaring, one market holding up unexpectedly well is that of the world’s largest crude importer: China.
Read full original ›Inside Climate News(lean-left)
Oil prices shot up on Monday as disruptions related to the war in Iran sent shockwaves through financial markets, underscoring the risks for countries that have been slow to diversify beyond fossil fuels. Brent crude oil, the benchmark for a majority of the world, surged to nearly $120 per barrel, t
Read full original ›The American Conservative(lean-right)
State of the Union: The military announced the death of a seventh U.S. serviceman.
The post Iran War Enters Tenth Day: Oil Markets Shocked, Khamenei’s Successor Chosen appeared first on The American Conservative.
Read full original ›SCMP(center)
Logistics companies in China are feeling the strain from the US-Israeli war on Iran, as volatile crude prices and disrupted transport routes ripple through global supply chains.
With e-commerce cargo stranded in the Middle East and freight rates skyrocketing, industry insiders said they expect the f
Read full original ›CNBC(center)
Iran has continued to ship crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has disrupted broader energy supplies via the waterway.
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