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,
If anyone still believes that Asia’s industrial future is being shaped by polite multilateral dialogue and neat development plans, the latest deep-dive produced by Oxford Economics for the Hinrich Foundation should end
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Oilfield services group SLB is poised to secure some of the first contracts under U.S. President Donald Trump’s plan to revive Venezuela’s struggling oil industry, drawing on its decades-long footprint in the
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China ended 2025 with a historic trade surplus of $1.189 trillion, a figure that places the world’s largest manufacturing nation in a category usually reserved for the output of major economies. The
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CEOs from leading Wall Street banks voiced strong support for the independence of the U.S. Federal Reserve on Tuesday, as the Trump administration launched a criminal investigation into Fed Chair Jerome Powell.
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The pact, which will create an integrated market of 780 million consumers and marks the EU’s largest trade deal in decades, was finalized at a meeting of EU ambassadors after Italy, previously
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ExxonMobil’s chief executive has delivered a blunt rebuke to President Donald Trump’s efforts to entice U.S. oil companies back into Venezuela, declaring that the country remains effectively off-limits for serious investment. Speaking
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Argentina has fully repaid the funds drawn under its $20 billion currency swap with the US Treasury, signaling a significant recovery from the market turmoil that threatened President Javier Milei’s government last
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The U.S. Coast Guard boarded a fifth oil tanker early Friday as part of ongoing operations to enforce sanctions against vessels transporting Venezuelan crude, according to U.S. officials. The tanker, identified as
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The U.S. forces carried out a large-scale strike against Venezuela on Saturday, capturing President Nicolas Maduro and his wife. The move also signals U.S. intentions to exploit Venezuela’s vast oil reserves, which
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Telegram has had $500 million of its bonds in Russia frozen under western sanctions, revealing the company’s continued financial entanglement with its home country despite founder Pavel Durov’s efforts to sever ties,
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