Tag Archives: East Asia

China continued imports of Iranian crude oil in July. two months after the expiry of US sanctions waivers. research from three firms tracking tanker movement showed. according to Reuters.

U.S. crude oil exports in total are up nearly 50% over a 12 month period.

The IEA said tensions in the Persian Gulf. where some oil tankers have been attacked. have heightened concerns.

China accounts for 85 percent of the world’s production of rare earths.

The trade war is worsening a downturn in global growth.

China and Russia have an interest in preventing the complete collapse of Venezuela’s oil industry.

Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.

The Americans have not achieved any success against Iran.

China has traditionally played a small role in Middle East conflicts or diplomacy despite its reliance on regional oil.

The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf. Bank Of America Merill Lynch announced.