India has been snapping up discounted Russian crude for three years, but U.S. sanctions that take effect on Friday are expected to end the lucrative trade.
Category: Embargoes and Sanctions
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Halt in Fees on Chinese Vessels Endangers U.S. Shipbuilding Efforts
The two countries agreed to suspend the fees for a year as part of their recent trade pact, but America still aims to build more commercial ships.
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OPEC Plus Signals Cautious Approach to Oil Production
Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.
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Exxon’s and Chevron’s Profits Fall as Oil Prices Stay Low
But the companies and other large oil producers are continuing to increase production because drilling still remains profitable.
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In China Truce on Tariffs and Rare Earths, National Security Controls Are Bargaining Chip
Some analysts say Beijing won a major victory in its trade talks: Getting the U.S. to withdraw a national security measure that previously was not under discussion.
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Sanctions Lifted on a Putin-Backed Autocrat After Lobbying by Trump Allies
The move benefits the Serbian politician Milorad Dodik, who had received support from Rudolph W. Giuliani, Michael T. Flynn, Laura Loomer and high-priced lobbyists.
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Step by Step, How China Seized Control of Critical Minerals
China’s far-reaching rules already affect manufacturers of semiconductors, cars and many other products. They will soon become much broader.
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Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War
After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.
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U.S. Sanctions on Russian Oil Could Push India to Stop Buying It
The sanctions could break a diplomatic deadlock by making it more difficult for India to continue buying from Russia, a point of contention between President Trump and Narendra Modi.
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Oil Price Jumps on Trump’s Russia Sanctions
Traders are pondering whether the United States and its allies are finally getting serious about restricting Russian energy.
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Russians Awake to Trump’s New Oil Sanctions and Largely Shrug
While oil markets reacted strongly to the sanctions, analysts said the measures were unlikely to significantly change President Vladimir V. Putin’s war calculations.
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China Displays Its Gizmos and Ambition, but Fewer Answers on Trade
The vast Global Digital Trade Expo in Hangzhou stood as a rebuke to U.S. efforts to hem in China’s technology. But the real competition is internal, and profits are hard to find.