How Is The Iran War Impacting Motor Oil Supplies
Industry executives said shortages of low-viscosity oils such as 0W-20, widely used in newer vehicles, could intensify by summer
Industry executives said shortages of low-viscosity oils such as 0W-20, widely used in newer vehicles, could intensify by summer
Taiwan Semiconductor Manufacturing Company, which manufactures chips for Nvidia, said higher prices for chemicals and industrial gases could hurt profitability
Speaking to CNBC during the G7 finance ministers’ meeting in Paris, Dombrovskis described the situation as a “stagflationary shock,” warning that Europe is facing weaker growth alongside rising prices.
Trump said on Truth Social that Tehran must move “FAST” toward a deal or face harsher consequences.
China spent years buying discounted Iranian oil. The bill arrived at Hormuz.
Araghchi blamed “contradictory messages” from the U.S. for slowing efforts to reach a lasting agreement after last month’s ceasefire between Iran, the U.S. and Israel.
According to the United Kingdom Maritime Trade Operations, pirates are currently holding at least three vessels captured between April 21 and May 2.
President Donald Trump said he will soon decide whether to lift sanctions on Chinese firms purchasing Iranian crude oil.
Speaking in an interview with Sean Hannity on Fox News, Trump described Xi’s pledge as “a big statement.”
The two leaders discussed trade, Taiwan, Iran and energy security during two days of meetings marked by elaborate state ceremonies and unusually warm public exchanges.
Former CIA covert operations officer Mike Baker gives an inside look at how the CIA, Mossad, and other intelligence agencies are influencing the Iran war, and where the contest between America and China is heading, in this preview from the latest “Signal Sitdown” podcast with Bradley Devlin.
According to the White House, Trump and Xi agreed the strategic waterway must remain open. The report said Xi also opposed any “militarization” of the strait or attempts to impose tolls on shipping traffic.
When Iran called the Strait of Hormuz its territory, one hundred thirteen countries disagreed.
With the onset of the war in Iran, Moscow now has a new opportunity to retaliate against the United States and Ukraine’s other NATO sponsors. Russian leaders are not hesitant about tormenting Washington. Indeed, they are already taking tangible steps to do so.