The yuan has lost more than 2.5% against the dollar since the festering China-U.S. trade dispute intensified earlier this month.
Read More »Oil Prices Climb but set for biggest weekly loss of 2019
U.S. crude inventories are the highest since July 2017.
Read More »US grants Waiver to Iraq to Buy Iranian Energy
Iraq needs the energy coming from Iran and that they cannot stop buying that at least for another three years.
Read More »Iran After Connecting Chabahar to Pakistan’s Gwadar
Iranian Foreign Minister Mohammad Javad Zarif said that Tehran is to propose a new plan to Islamabad to make up a joint transportation project with linking Chabahar port to the Pakistani port of Gwadar.
Read More »US Mulls Blacklisting Chinese Video Surveillance Maker Amid Trade War
The US administration is considering imposing limits on Chinese video surveillance system maker Hikvision in the latest attempt to counter China'.s economic expansion. The New York Times report reported. citing sources familiar with the matter.
Read More »Senators Offer Bipartisan Bill to Help US Firms Remove Huawei Equipment from Networks
A bipartisan group of senators introduced legislation Wednesday to help US firms remove Chinese telecom equipment from companies like Huawei if it'.s deemed a national security threat.
Read More »Chinese Dump iPhones. Switch to Domestic Huawei Devices Amid US Crackdown
A growing number of former Apple devotees in China started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing.
Read More »New Iraq-Syria Crossing Could Breathe New Life Into Iran’s Oil Exports
A new border crossing between Iraq and Syria is under construction in an area controlled by Iran-affiliated militias.
Read More »Saudi Aramco`s Ambition to Become a Leading Player in LNG Market
Sempra has said it hopes to reach a final investment decision by early 2020.
Read More »Active Oil Rig Number Falls amid Oil Price Correction
US oil production ticked up slightly for week ending May 17. coming in at 12.2 million bpd- just 100.000 bpd off the April 26 high of 12.3 million bpd.
Read More »