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WEEK IN REVIEW: China Secures Soybeans from Argentina, Snubs U.S. Exports
Chinese traders are rapidly increasing their orders of Argentinian soybeans, following the country’s temporary suspension of export taxes. Since the tax holiday was announced on Monday, at least twenty ship cargoes (about 1.3 million tons) have been booked. The orders include both crops to be shipped in November ...
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessie
Conflict in the Middle East has only intensified over the past two years. The recent disruption of the Strait of Hormuz, the world's most critical energy chokepoint, has sent shockwaves across Southeast Asia, a region heavily dependent on fossil fuel imports. Around one-fifth of global ...
WEEK IN REVIEW: China Secures Soybeans from Argentina, Snubs U.S. Exports
Chinese traders are rapidly increasing their orders of Argentinian soybeans, following the country’s temporary suspension of export taxes. Since the tax holiday was announced on Monday, at least twenty ship cargoes (about 1.3 million tons) have been booked. The orders include both crops to be shipped in November ...