De-dollarization continues accelerating with news of the Shanghai Petroleum and Natural Gas Exchange (SHPGX), a Chinese-backed exchange for trading energy-related products, settling its first cross-border transaction in digital yuan. Chinese-based financial news outlet “Yicai” first […]
By Tsvetana Paraskova of Oilprice.com India’s government is expected to reject demands from Russian oil companies to pay for Russia’s crude oil imports in Chinese yuan, Indian officials told Bloomberg on Friday. Russia and its […]
Latvia’s president has proposed a blockade in response to the Balticonnector pipeline leak If Moscow was behind the damage to the Finland-Estonia gas pipeline, NATO should seriously consider closing the Baltic Sea to Russian shipping, […]
Georgia says it has developed a special plan in case nuclear weapons are used in the region The Georgian authorities have begun preparations for a potential nuclear war in light of the current “challenges” facing […]
Beijing now has 500 nuclear warheads and will double that number by 2030, a new report claims China’s nuclear arsenal is growing faster than the US previously predicted, according to a Pentagon report delivered to […]
(Bloomberg) – Senator Joe Manchin condemned the Biden administration’s decision to lift sanctions against Venezuela’s oil and gas sector, arguing the U.S. should instead turn to domestic crude production to fill any shortfall. The administration is looking […]
(Bloomberg) – The U.S. just took the first steps in pulling back on a four-year-old sanction policy that had strangled oil exports out of Venezuela, home to world-class crude reserves. The major reversal signals that […]
(Bloomberg) – bp Plc is in talks to exit Senegal’s Yakaar-Teranga natural gas field, which would leave operatorship of the resource to Kosmos Energy Ltd. and increase the stake held by the state, according to […]
HONG KONG—China is strengthening restrictions on exports of graphite, a key mineral needed for the production of electric-vehicle batteries and fuel cells, the latest move in an intensifying global tussle over the building blocks of […]
Authored by Alex Washburne via The Brownstone Institute, Sometimes it feels as if we’re living in a dizzying house of narrative mirrors and anyone sincerely interested in walking the true path through the world risks […]
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