The risk that current trade tensions escalate further is the greatest near-term threat to global growth.
Read More »Oil Prices Fall as Supply Disruption Concerns Ease
The United States holds a reserve of about 660 million barrels.
Read More »Chinese Refiner Halts US Crude. Turn to Iranian Oil
US tariffs of 25 percent on $34 billion of Chinese imports took effect on July 6.
Read More »Nord Stream 2. an International Project
US President Donald Trump had chastised Germany for buying Russian natural gas and for working on the pipeline.
Read More »Rising Oil Demand may Surpass Supply
Oil will remain the center of economic capability and economic development for decades to come.
Read More »Trump Puts Political Pressure on Nord Stream 2
US sanctions against companies involved in Nord Stream 2 could be in the pipeline.
Read More »EU Firms Ask US to Let Them Trade with Iran
Germany. Britain and France have asked the Trump Administration to provide exemptions for EU companies.
Read More »Trump: Germany is Russia`s Captive
The EU has suffered considerable economic losses due to the US-led push to block trade with Russia since 2014.
Read More »Merrill Lunch: If US Eliminate Iranian Oil Export. it could Spike to $120
OPEC and Russia and other producers last month agreed to add 1 million barrels to the market.
Read More »Iran Only Import Goods from Countries that Buy Its Oil
Iran is OPEC'.s second-largest crude exporter with more than 2 million barrels a day.
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