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Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5% from about 40-45%
Costs have shot up as ships have rerouted around Africa. Some shippers are looking to boost the number of vessels sailing through the Suez Canal, but others want to see if the response to Houthi attacks is effective
The ET9, which is still a year away from delivery, features self-developed tech such as an autonomous driving chip, a 900-volt electric drive for fast charging and large cylindrical battery cells
The new facility to be built in Szeged, in southern Hungary, China's biggest carmaker by sales, said on Friday
China moves to maintain dominance of rare earths sector, by banning the export of production technology for rare earth metals and alloy materials, plus tech linked to some rare earth magnets
US lawmakers discussed raising tariffs on Chinese EVs amid reports that Chinese carmakers plan to build factories in Mexico and export cheap vehicles across the border
The world's fourth largest steel-maker beat off rivals Cleveland-Cliffs and ArcelorMittal on bets it can benefit from US spending and tax incentives
Drilling a single hole to search for a mineral can cost from $7,000 to $33,000 and building a more accurate virtual picture could slash costs, Atomionics CEO says
Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal, despite formation of US-led 10-nation naval force
Policymakers have vowed to boost consumption and cut reliance on property. But Beijing lacks a roadmap to clean up debt and restructure the economy
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Energy: The Big Picture
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.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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