Tag: Middle East oil conflict
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China Buffered from Oil Shock by Shipments at Sea
New data from the commodities-focused publication The Kobeissi Letter showed that China is relatively sheltered from an immediate shock triggered by the disruption of oil shipments through the Strait of Hormuz, as about 39.3 million barrels of mostly Iranian, Russian, and Venezuelan oil are currently floating in ...
Chinese ambassador to South Africa Wu Peng together with Agriculture Minister John Steenhuisen mark the first shipment of stone fruit to China that will enter the market duty-free. Image via @SAgovnews
In a message to African heads of state gathered in Addis Ababa for the African Union's 39th summit last February, Xi Jinping announced that beginning May 1st, China would implement a “zero tariff” policy for the 53 African countries with which it has diplomatic relations. The message was clear. The African ...
China Buffered from Oil Shock by Shipments at Sea
New data from the commodities-focused publication The Kobeissi Letter showed that China is relatively sheltered from an immediate shock triggered by the disruption of oil shipments through the Strait of Hormuz, as about 39.3 million barrels of mostly Iranian, Russian, and Venezuelan oil are currently floating in ...