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Latest: Energy News

China’s Factory Profits Plunged in May Amid Trade Upheaval
China’s Factory Profits Plunged in May Amid Trade Upheaval

Data from the National Bureau of Statistics on Friday showed that profits at China's industrial firms fell by a significant amount in May from a year earlier

Australian Government Sues China-Linked Rare Earth Investors
Australian Government Sues China-Linked Rare Earth Investors

The fight for control of a rare earths miner has taken a twist with government suing a China-linked firm over an alleged breach of foreign investment laws

Vietnam Eyes Framework Trade Deal With US by Tariff Deadline
Vietnam Eyes Framework Trade Deal With US by Tariff Deadline

PM anticipates a trade deal with the US to be agreed upon by early July, before the Trump administration's pause on 46% reciprocal tariffs on Vietnamese exports ends

Chinese EV-Makers Eyeing South Africa Amid Global Trade Rows
Ford Still Not Getting Enough Rare Earth Magnets From China — WSJ
China Passes 1 Terawatt of Solar Power, Government Says
Floods Swamp Cities in Southwest China, And More Storms Due
Survey Shows Business is Booming in India, Record Export Orders
Oil Seen Topping $100 a Barrel if Iran Closes Strait of Hormuz
S Korea to Discuss Concern Over Curbs on Chipmakers in China

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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.