According to a report from TankerTrackers.com, a third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon. Last week on Friday, Lebanese Prime Minister Najib Mikati had said, Iranian fuel shipments, imported by the Hezbollah movement, constitute… Read More ›
According to three sources familiar with the matter at hand, China’s Great Wall Motor has decided to re-allocate a portion of its $1-billion investment in India to Brazil following a year-long delay in winning government approvals. The development comes in the… Read More ›
In a significant development, data from the U.S. Energy Information Administration (EIA) shows, 1.033 million barrels of Iranian crude oil landed in the U.S. in March 2021, marking the second such shipment to be imported into the United States since… Read More ›
On Monday, in a development that will further escalate U.S.-China tensions, China’s commerce ministry stated, it has launched an anti-subsidy probe into some glycol ethers imports from the U.S. starting from September 14. The development comes in the wake of… Read More ›
On Monday, an official from China’s agriculture ministry stated, its farm production and market operations face significant challenges this year and faces a double threat of imported coronavirus cases as well as African swine fever. During a video conference on… Read More ›
According to customs data, in the first three months of this year, China imported U.S. farm goods worth $5.05 billion (35.56 billion yuan), up by 110% from last year. Under the phase 1 trade deal, China has committed to purchasing… Read More ›
According to four industry sources, PetroChina has declared force majeure on natural gas imports, including on liquefied natural gas (LNG) shipments and on gas imported via pipelines, following the coronavirus outbreak. PetroChina issued the force majeure notice to suppliers of… Read More ›
The U.S. Commerce Department is slated to send a confidential report to U.S. President Donald Trump clearing the way for him to potentially impose tariffs on imported autos and auto parts on the grounds that they threaten U.S. national security…. Read More ›
Despite the weakness in the utility-scale solar market in the U.S due to Trump’s 30% tariffs on imported panels, the large volumes of projects that are being set up, along with China’s decision to heavily subsidies solar panels has led… Read More ›
U.S. tariffs on imported aluminum will not only see a cost increase ripple through supply chains of carmakers but also risks retaliation from major partners. On Friday, Japan’s Toyota Motor Corp stated the imposition of stiff tariffs on imported aluminum… Read More ›
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