Saudi Oil Sales to China to Halve as Hormuz Crisis Lifts Prices


The war in the Middle East, now in its second month, shows no signs of easing, after talks between the US and Iran in Pakistan failed to yield an agreement over the weekend. In an escalation, President Donald Trump threatened to blockade the Strait of Hormuz, preventing all maritime traffic from entering and exiting Iranian ports from 10 a.m. Washington time on Monday.



Source link

  • Related Posts

    Oil prices resume their climb and Asian markets decline as US prepares for blockade of strait

    TOKYO (AP) — Oil prices resumed their climb and Asian markets mostly declined Monday as the U.S. military prepared to blockade ships entering or leaving the Strait of Hormuz, where…

    My South Africa dialogue with Ann Bernstein

    An edited transcript is here. The post My South Africa dialogue with Ann Bernstein appeared first on Marginal REVOLUTION. Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Oil prices resume their climb and Asian markets decline as US prepares for blockade of strait

    Oil prices resume their climb and Asian markets decline as US prepares for blockade of strait

    Swalwell exits California governor’s race after assault allegations as rivals seek his supporters

    Swalwell exits California governor’s race after assault allegations as rivals seek his supporters

    4/12: CBS Weekend News – CBS News

    4/12: CBS Weekend News – CBS News

    IPL 2026, MI vs RCB 20th Match Match Report, April 12, 2026

    IPL 2026, MI vs RCB 20th Match Match Report, April 12, 2026

    Pete Hines Talks About the Changes at Bethesda That Led to His Retirement

    Pete Hines Talks About the Changes at Bethesda That Led to His Retirement

    Dolce & Gabbana Appoints Stefano Cantino Co-CEO

    Dolce & Gabbana Appoints Stefano Cantino Co-CEO