Tag: President Xi

The real story is not that China is “back buying everything.” It is that Beijing throttled demand, shifted suppliers, drew inventories, and is now restocking only where landed cost still works — while $1 million-a-day VLCCs make a return to the old full-cycle buying pattern expensive and unlikely.

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That is the argument Javier Blas is making in his September 23 Bloomberg Opinion column, China Isn’t Buying More Oil, It’s Buying From Different Markets (also framed as “Don’t Believe the Hype About China’s Oil Buying”). The global market treated China’s pre-war appetite as a floor. In 2026 it became a valve. The Blas thesis: […]

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Secretary Bessent on CNBC: China Talks, Energy Exports, an AI Incident Line, and Why Americans Have Lost Trust in Legacy Media

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Treasury Secretary Scott Bessent used a Monday appearance on CNBC’s Squawk Box to lay out the working-level results of weekend talks with Chinese Vice Premier He Lifeng — talks he described as a direct extension of the personal relationship between President Donald Trump and President Xi Jinping. Those discussions, held in New York the day […]

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Are Washington\’s Oil Sanctions Trump\’s Tool for Trade Negotiations? – Or will they devalue the US Dollar?

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In a bold move signaling the return of \”America First\” energy diplomacy, President Donald Trump\’s administration unleashed a fresh barrage of sanctions this week targeting two of Russia\’s largest oil producers: Rosneft and Lukoil. These giants handle roughly half of Moscow\’s seaborne crude exports, amounting to about 3 million barrels per day out of Russia\’s […]

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What Is Really Going On in Venezuela? What Is the Real Endgame for the Trump Administration?

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Introduction: A Nation in Turmoil Amid Escalating US Involvement As of October 2025, Venezuela remains gripped by political instability, economic collapse, and international tensions. President Nicolás Maduro clings to power following a disputed July 2024 presidential election, where opposition leader Edmundo González claimed victory based on tally sheets, but Maduro\’s regime declared him the winner […]

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Will China Take Down the Petrodollar?

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Daily Standup Top Stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped September 3, 2025 Clark Savage In the ever-evolving landscape of global finance, whispers from Beijing suggest that China may be on the cusp of a groundbreaking move: unveiling a new initiative that could position the yuan […]

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Highway Robbery at the Pump

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Daily Standup Top Stories Is the Trump Tariff War with China Over, and What Is the Final Impact to Investors? June 11, 2025 Clark Savage The U.S.-China trade war, a rollercoaster of tariffs, retaliations, and negotiations, has been a defining issue for global markets since President Donald Trump’s first term. With recent developments signaling a potential […]

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