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China, Shadow Fleet
‘Vast implications’: Sweeping US tanker sanctions hit China oil shipments harder than India
China’s imports of Russian crude have been more badly affected than India’s due to the uneven distribution of US sanctions, according to an analyst. Kpler principal freight analyst Matt Wright highlighted the differing impact of the latest blacklisting of 183 ships,
Putin Shadow Fleet's Sanctions-Hit Tankers 'Stranded' off China Coast
The vessels Mermar, Huihai Pacific and Olia carrying more than 2 million barrels of oil left Russian ports earlier in January.
Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions
The Group of Seven democracies has sought to crimp Russia's oil export earnings that help fund the war against Ukraine. But Western governments and sanctions experts say Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain ownership and safety practices that are dodging sanctions and keeping the oil revenue coming.
Russian 'shadow fleet' tankers carrying 2 million barrels of crude idling off China’s coast, Bloomberg reports
Three tankers carrying over 2 million barrels of Russian crude oil are floating off China's coast after they were hit by fresh U.S. sanctions last week, Bloombergreported on Jan. 13. The vessels are allegedly part of the so-called "shadow fleet,
China response key to crude oil
China response key to crude oil after new sanctions on Russia: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
India is staring at an ‘oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s oil industry.
Cost to Ship Russian ESPO Oil to China Triples After Sanctions
The cost of shipping Russian ESPO crude to China has more than tripled after the US imposed aggressive sanctions on Moscow’s oil industry last week, with rates expected to climb even higher, according to traders.
Scott Bessent, China and Russia
Treasury secretary nominee Bessent favors tax cuts, China tariffs, Russia sanctions
President-elect Donald Trump's Treasury secretary nominee Scott Bessent favors imposing tariffs on China, sanctions on Russia and making 2017 tax cuts permanent.
Treasury Pick Bessent Takes Aim at China, Tax Cuts in Hearing
Good morning. US Treasury pick Scott Bessent targeted China and tax cuts in his confirmation hearing. Rio Tinto and Glencore are said to be in talks on a combination. And Nintendo will unveil its next-generation Switch in April.
Trump's Treasury pick Bessent calls for stronger sanctions on Russia over Ukraine war
President-elect Donald Trump's pick for Treasury Secretary, Scott Bessent, said he "100%" supports raising sanctions on Russian oil producers if the future president requests doing so. Bessent told U.
3h
Facing a Flurry of U.S. Sanctions, China Prepares to Hit Back
With days until Donald Trump is sworn in, China is bracing for a trade war, aiming at industries as diverse as semiconductors ...
4d
China's 2024 chip imports surged 10.4% to US$385 billion amid tighter US tech sanctions
Chinese firms rushed to stockpile semiconductors in 2024, driving double-digit expansion of integrated circuit (IC) imports, ...
1d
Mideast oil prices jump on robust China, India demand post-sanctions
Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...
11d
on MSN
China fires shot across Trump’s bow with defense sanctions
China’s decision this week to slap several major U.S. defense firms with penalizing trade measures is being viewed as a “shot ...
11d
China protests US sanctions for its alleged role in hacking, complains of foreign hacker attacks
China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in ...
4h
on MSN
Why China’s oil refining capacities may dwindle in next 10 years?
China's fuel demand may peak sooner, which will reduce profit margins and force the closure of older and less efficient oil ...
6h
on MSN
U.S. sanctions Sudanese Armed Forces head
The United States has sanctioned the leader of the Sudanese Armed Forces, accusing Gen. Abdel Fattah al-Burhan of ...
11h
Bessent criticises China's economic practices, proposes sanctions on Iran
During the Senate confirmation hearings, Bessent called China an 'unbalanced economy,' and described the nation as being in a ...
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