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Latest: Energy News

Marcos Wins Small Tariff Cut as Philippines Opens to US Imports
Marcos Wins Small Tariff Cut as Philippines Opens to US Imports

Trump said Filipino goods would face a 19% tariff rate while the Philippines will open its market to US autos, soy, wheat products and medicines

Nikkei Jumps After Trump Strikes 15% Tariff Deal With Japan
Nikkei Jumps After Trump Strikes 15% Tariff Deal With Japan

Japan's auto sector, which accounts for over a quarter of its US exports, will see tariffs cut to 15% in exchange for a $550-billion package of investment in the US

Is China Finally Set to Rein in its Huge Industrial Overcapacity?
Is China Finally Set to Rein in its Huge Industrial Overcapacity?

China's top leaders could move this month to try to reduce the country's wasteful excess production in key sectors, but the hard decisions may have to be made by local officials

China Stops Most Antimony Exports But Rare Earth Sales to US Soar
China Starts Work on Huge Dams in Tibet Opposed by Neighbours
Top Indian Think Tank Urges Easier Rules For Chinese Investors
Beijing Says it Will Rein in EV Sector’s ‘Irrational’ Competition
Indonesia Pays High Price for US Trade Access, Faces 19% Tariffs
China’s Losses From Floods, Disasters in First Half: $7.6 Billion
China Firms Race Out Exports to Beat Trump’s Big Tariff Deadline

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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.