The United States’ latest move to impose secondary tariffs on countries trading with Iran is expected to raise China’s oil import costs in the short term and force Beijing to reassess how it manages one of its most sensitive overseas economic relationships. Analysts
Two China-flagged supertankers sailing toward Venezuela to load crude oil have abruptly reversed course and headed back to Asia, raising fresh doubts over whether the South American producer will resume large-scale direct exports to its main buyer any time soon. The movements, revealed
The prospect of the United States taking control of Venezuela’s vast oil reserves has sparked intense debate over who would ultimately gain and who would bear the costs. The discussion follows US air strikes on Caracas and the subsequent detention of Venezuelan leader
