By cutting imports three million barrels per day during the June 2026 Strait of Hormuz crisis, Beijing deployed one billion barrels in reserves to prevent the price spike markets had feared, shifting oil power from producers to the largest buyer.
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NOAA confirmed El Niño conditions on June 13, while Hormuz instability threatens 70% of the region's crude imports—two shocks hitting…
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The Caspian Pipeline Consortium tops out near 1.3 million barrels per day,…
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Canadian passport holders can now enter China visa-free for stays up to…
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The US has frozen a USD 14 billion arms sale to Taiwan…
US Defense Secretary Pete Hegseth urged Asian allies to increase defence spending…
