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Latest: Energy News

China ‘Compiling a List of US Goods Exempt From Its 125% Tariffs’
China ‘Compiling a List of US Goods Exempt From Its 125% Tariffs’

China has granted tariff exemptions on US goods such as pharmaceuticals, chips and aircraft engines and has asked firms to identify critical goods they need levy-free

China Warns CK Hutchison, BlackRock: Be Careful on Ports Deal
China Warns CK Hutchison, BlackRock: Be Careful on Ports Deal

Beijing says it will take legal action if companies push ahead with $23bn ports deal, insisting that the takeover must be reviewed by its top regulator

No Tariff Deal With US Till After June 3 Election, South Korea Says
No Tariff Deal With US Till After June 3 Election, South Korea Says

Working groups will discuss key issues in new trade talks, but Seoul must hold an election before it can make commitments on big energy projects and defence costs

Tariffs Must be Scrapped if US Truly Wants a Trade Fix: China
China Follows US Playbook in Rare Earth Crackdown; Tesla Hit
China Mocks Trump’s Turnaround: ‘Tariffs to Drop Substantially’
‘Underground’ Banking System Set up For China-Russia Trade
World Faces ‘Significant Slowdown’ From US Tariffs, IMF Says
Vance Pushes Closer US-India Ties, Issues Curious Warning
US Port Fees Hit China’s Ships For Tonnage, Containers, Cars

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.