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,
Former U.S. President Donald Trump has issued a fresh warning to nations aligning with the BRICS group of developing countries, threatening an additional 10% tariff on their exports to the United States.
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European Commission President Ursula von der Leyen is facing heightened pressure ahead of a critical no-confidence vote, as the EU’s independent watchdog has issued a stark warning over her deregulation agenda. In
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China has sharply criticized the recent US-Vietnam trade agreement, expressing fears that President Donald Trump is using his so-called “liberation day” tariff negotiations with third countries to restrain China’s export-driven economy. The
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Two of the Middle East’s most powerful energy companies, Saudi Aramco and the Abu Dhabi National Oil Company (Adnoc), are hitting the brakes on their multibillion-dollar acquisition strategies as falling oil prices
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The U.S. dollar is experiencing its steepest first-half decline in over half a century, falling more than 10% in the first six months of 2025 — its worst start to the year
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Chinese surveillance technology giant Hikvision has issued a strong rebuke against the Canadian government’s recent order demanding that the company halt all operations in Canada within 120 days over alleged national security
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Tensions are rising across the Atlantic as the European Union prepares a potential wave of retaliatory measures in response to the United States’ escalating trade demands under President Donald Trump. With a
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In a surprise move that could have sweeping geopolitical and economic consequences, U.S. President Donald Trump announced that China “can now continue to purchase oil from Iran,” apparently reversing months of sanctions
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Prices of key edible oils have spiked sharply in recent days, driven by a combination of surging energy costs following escalating tensions between Israel and Iran, and a major U.S. policy shift
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The European Commission is preparing to propose a sweeping ban on new Russian gas contracts, aiming to bypass potential vetoes from member states like Hungary and Slovakia by using trade law instead
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