The illicit oil trade in Libya, fueled by heavily subsidized fuels being smuggled abroad, is sustaining the country’s rival political factions. The practice has created a steady revenue stream for armed groups,
Developing Asia’s growth is set to slow more than previously expected this year and next, as the region absorbs the fallout from sweeping U.S. tariffs on all trading partners, the Asian Development
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Donald Trump is encountering fresh challenges in his efforts to secure major investment commitments from key Asian allies, as South Korea and Japan signal concerns over the terms of their agreements with
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Profits at China’s industrial firms rose sharply in August, marking the first increase in four months and signaling that Beijing’s efforts to tackle overcapacity and curb cutthroat competition may be showing results.
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The leasing arms of at least two major Chinese banks are in discussions with regulators about converting shipping leases into mortgages, as Beijing braces for new U.S. fees that could challenge China’s
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Indian refiners have no immediate plans to reduce imports of Russian crude, even as New Delhi resumes trade negotiations with Washington and both sides push for a deal, Bloomberg reports. Purchases are
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The global oil and gas sector is being forced to spend nearly half a trillion dollars a year simply to keep production steady, as fields decline more rapidly than previously expected, the
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China has launched two major investigations targeting the U.S. semiconductor sector just days ahead of scheduled high-level talks between the two countries on trade, technology, and national security issues, Bloomberg reported. According
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The United States and India are reportedly close to resolving their differences over a new trade agreement, though significant tensions remain over New Delhi’s continued purchase of Russian oil, according to Sergio
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President Donald Trump said Tuesday he is not considering reducing tariffs on India, just a week after his administration doubled levies on the country’s exports to 50% in response to New Delhi’s
More The United States has imposed sanctions on an Iraqi businessman accused of helping Tehran sidestep restrictions on its oil exports, marking the latest escalation in Washington’s crackdown on Iran’s energy trade, Bloomberg
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