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,
U.S. memory chip maker Micron Technology is set to announce a new manufacturing investment in Singapore as early as Tuesday, expanding its production footprint amid a severe global shortage of memory chips,
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President Donald Trump said on Monday that the United States would raise tariffs on a range of South Korean imports to 25%, escalating trade tensions with a key Asian ally as he
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China’s Belt and Road Initiative (BRI) is experiencing a dramatic resurgence, signing $213.5 billion in new deals in 2025—a staggering 75% increase from the previous year. The milestone pushes the initiative’s total
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President Trump has filed a lawsuit against JPMorgan Chase and its chief executive, Jamie Dimon, seeking at least $5 billion in damages and accusing the bank of cutting ties with him for
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Bharat Petroleum Corporation Limited (BPCL) has awarded one-year contracts for Iraq’s Basrah Medium and Omani crude to global trader Trafigura, while also seeking spot cargoes of UAE’s Murban crude. The shift is
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The State of Qatar and the United Nations Conference on Trade and Development (UNCTAD) confirmed on Tuesday that Doha will host the 9th World Investment Forum (WIF) from October 25 to 27,
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The unexpectedly large and influential gathering taking shape in Davos this week owes much to the personal intervention of Larry Fink, the chief executive of BlackRock, who has emerged as the driving
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As President Donald Trump completes one year in office today, January 20, new customs data show his tariff-driven approach has coincided with a sharp drop in U.S. trade with nearly 40% of
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When the United States completed its first sale of Venezuelan oil this week, the $500 million transaction reopened a geopolitical channel that had been largely dormant for years, signaling that energy pragmatism
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The Trump administration on Friday delivered a stark warning to Canada over its decision to allow China to import up to 49,000 electric vehicles, signaling that the move could strain North American
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