China warned that a newly announced Indonesia–U.S. trade agreement should not target or harm “any third party.” The comment came after Indonesia and the United States unveiled new cooperation arrangements, prompting Beijing to weigh in publicly on the deal’s potential regional implications. (JAKARTA GLOBE)
Russia and Iran are slashing crude prices to Chinese buyers as sanctioned oil piles up at sea. Most of that crude usually goes to China’s independent refiners, but their inventories are now full, forcing producers in both countries to curb output. (BLOOMBERG)
