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China’s crude imports are rising again. What could that mean for oil prices?

China is showing early signs of increasing crude imports after months of subdued buying during the US-Israel war on Iran, potentially weakening a buffer that has limited the rise in global oil prices. Analysts do not expect a rapid return to pre-war levels, as high crude prices could squeeze refinery margins and existing stockpiles remain sufficient for several months.

Energy & commoditiesTrade & sanctionsChinacrude importsoil pricesIran war

SSouth China Morning PostOriginal★★★★☆2026-09-18 13:30

China’s crude imports are rising again. What could that mean for oil prices?
China’s crude imports are rising again. What could that mean for oil prices?

EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say

State-owned China Rare Earth Group is negotiating to acquire Shenghe Resources, according to two people familiar with the matter. The deal would strengthen Beijing’s control of the sector and give the group a stake in one of Washington’s rare-earth companies.

Energy & commoditiesCompanies & industryChina rare earthsShenghe Resourcesacquisitioncritical minerals

RReutersOriginal★★★☆☆2026-09-18 13:10

EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say
EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say

Infographic: How the Pinglu Canal connects rivers to the sea

The Pinglu Canal in Guangxi officially opened to commercial navigation on Wednesday. It is the first major river-to-sea canal project planned and coordinated at the national level in China since 1949.

OtherPinglu CanalGuangxicommercial navigation

CCGTNOriginal★★★☆☆2026-09-18 12:57

Infographic: How the Pinglu Canal connects rivers to the sea
Infographic: How the Pinglu Canal connects rivers to the sea
  • Pinglu Canal opens new coal route, cutting shipping distance by 280 km

    An 8,000-metric-ton shipment of imported thermal coal reached Guigang, Guangxi, through the Pinglu Canal on Thursday, formally opening a new river-sea transport channel for power generation. The route from Qinzhou Port bypasses the Pearl River Delta and shortens the journey by 280 kilometers, improving supply-chain resilience and vessel turnover.

    Pinglu Canalcoal transportGuigangriver-sea transport

    CChina News Service★★☆☆☆2026-09-18 08:33Original
  • Pinglu Canal handles 1,679.8 metric tons of cargo on opening day

    The Pinglu Canal began operations on Wednesday, with Nanning Customs supervising 1,679.8 metric tons of import and export cargo on its first day. Customs prepared clearance plans and declaration guidance for key companies while supporting trials of rail-sea-water multimodal transport through the New International Land-Sea Trade Corridor.

    Pinglu Canalimport-export cargoNanning CustomsNew International Land-Sea Trade Corridor

    CChina News Service★★★☆☆2026-09-18 06:17Original

Record US diesel prices squeeze farmers; food prices may rise

Record diesel prices in the United States are squeezing farmers and could push food prices higher. In northeast Missouri, corn, soybean and cattle farmer Addie Yoder uses two combines, three semi-trucks and several tractors to harvest and transport crops from mid-September through late October.

Energy & commoditiesUS diesel pricesfarmersfood prices

RReutersOriginal★★★☆☆2026-09-18 12:50

Record US diesel prices squeeze farmers; food prices may rise
Record US diesel prices squeeze farmers; food prices may rise

Hungary plans to phase out Russian gas by October 2027, minister says

Hungary’s new government, led by Peter Magyar, plans to be ready to phase out Russian gas by the EU’s October 2027 deadline, Economy and Energy Minister Istvan Kapitany said. Budapest is negotiating with neighboring countries, including Romania, and LNG suppliers; he said existing cross-border infrastructure and diversified sources can ensure supplies.

Energy & commoditiesHungaryRussian gasenergy policy

TTASSOriginal★★★☆☆2026-09-18 12:09

Hungary plans to phase out Russian gas by October 2027, minister says

Russian ESPO oil price tops $120 a barrel, traders say

Russia’s ESPO Blend crude rose above $120 a barrel for the first time since April, according to three traders and Reuters calculations. Demand from Chinese refiners helped lift prices as the U.S.-Israeli war on Iran disrupted Middle Eastern supplies.

Energy & commoditiesRussian oilESPO BlendChinaoil prices

RReutersOriginal★★★★☆2026-09-18 11:45

Russian ESPO oil price tops $120 a barrel, traders say
Russian ESPO oil price tops $120 a barrel, traders say

Uganda breaks ground on 320-million-liter petroleum storage terminal

Uganda has started building a 320-million-liter petroleum storage terminal in Mpigi. President Yoweri Museveni attended the groundbreaking for the more than $300-million Kampala Storage Terminal, developed by state-owned Uganda National Oil Company. The project is expected to more than double current storage capacity and be completed within 24 months.

Energy & commoditiesUgandapetroleum storageenergy security

CCGTNOriginal★★★☆☆2026-09-18 11:37

Uganda breaks ground on 320-million-liter petroleum storage terminal
Uganda breaks ground on 320-million-liter petroleum storage terminal

Hungary intends to reduce dependence on Russian oil — minister

Hungary’s new government, led by Peter Magyar, plans to significantly reduce its reliance on Russian oil in the coming years by sourcing supplies from other countries, Economy and Energy Minister Istvan Kapitany said. Budapest is negotiating with Croatia to make full use of the Adria oil pipeline, with the shift to happen in stages.

Energy & commoditiesHungaryRussian oilCroatiaAdria pipeline

TTASSOriginal★★★☆☆2026-09-18 11:19

Hungary intends to reduce dependence on Russian oil — minister

France’s EDF plans 10 small nuclear plants in Europe by 2035

EDF aims to build 10 small modular reactors in Europe by 2035 to produce nuclear energy, the company’s senior vice president said on Friday. The project will involve its Edison unit and could be worth tens of billions of euros.

Energy & commoditiesEDFEuropesmall modular reactors

RReutersOriginal★★★☆☆2026-09-18 11:05

France’s EDF plans 10 small nuclear plants in Europe by 2035
France’s EDF plans 10 small nuclear plants in Europe by 2035

US wheat farmers navigate uncertainty amid drought and geopolitical chaos

Wheat prices have reached a three-year high, but Kansas farmer Merrill Nielsen is unsure higher prices will offset record diesel costs, erratic weather and drought that destroyed his spring crop. Drought is shrinking harvests in the US and Europe, while attacks on Black Sea port facilities have disrupted shipments, raising fears that global food prices could climb further.

Energy & commoditiesTrade & sanctionsUS wheatdroughtfood pricesBlack Sea shipping

TThe GuardianOriginal★★★☆☆2026-09-18 11:00

US wheat farmers navigate uncertainty amid drought and geopolitical chaos
US wheat farmers navigate uncertainty amid drought and geopolitical chaos

Germany faces energy tax losses as EV sales rise

Germany’s rapid shift to electric vehicles is reducing revenue from gasoline and diesel energy taxes. As EV sales grow, policymakers face pressure to find new funding for roads and transport infrastructure. An expert warned that without tax changes, the road system could cost the federal government billions of euros.

Macro & central banksEnergy & commoditiesCompanies & industryGermanyelectric vehiclesenergy taxtransport infrastructure

DDWOriginal★★★☆☆2026-09-18 10:55

Germany faces energy tax losses as EV sales rise
Germany faces energy tax losses as EV sales rise

‘My children did not attack Iran’: 2 billion South Asians bear the cost of a distant war

The prolonged and expanding Middle East war is driving up living costs for nearly two billion people in India, Pakistan, Bangladesh and Nepal as energy routes become increasingly constrained. Although their reliance on Gulf supplies varies, poorer and economically vulnerable families are bearing the brunt, with one Pakistani mother forced to stop paying her children’s school fees.

Macro & central banksEnergy & commoditiesSouth AsiaMiddle East warcost of livingenergy crisis

AAl JazeeraOriginal★★★★☆2026-09-18 10:33

‘My children did not attack Iran’: 2 billion South Asians bear the cost of a distant war
‘My children did not attack Iran’: 2 billion South Asians bear the cost of a distant war

BOJ Governor Ueda speaks at news conference

The Bank of Japan raised interest rates to their highest level in 31 years on Friday and signalled it was prepared to keep increasing borrowing costs as major central banks confront persistent inflation pressure fueled by surging oil prices.

Macro & central banksBank of Japaninterest ratesinflation

RReutersOriginal★★★☆☆2026-09-18 09:50

BOJ Governor Ueda speaks at news conference
BOJ Governor Ueda speaks at news conference
  • Why Japanese stocks rose as bond yields and the yen fell after a rate hike
    Why Japanese stocks rose as bond yields and the yen fell after a rate hike

    After the rate hike, the yen weakened beyond 157 against the dollar and the 10-year Japanese government bond yield declined, while the Nikkei 225 climbed 1.5%.

    Japanese stocksyengovernment bonds

    CCNBC★★☆☆☆2026-09-18 07:19Original
  • Japan raises interest rate to 31-year high to curb rising prices
    Japan raises interest rate to 31-year high to curb rising prices

    The Bank of Japan raised its main interest rate from 1% to 1.25%, its highest level since 1995. It was the sixth increase since 2024, as Japan contends with a weak yen, rising prices and a shrinking workforce, while the Iran war drives up energy costs and inflation pressure.

    Bank of Japaninterest ratesinflationyen

    BBBC News★★★☆☆2026-09-18 07:14Original
  • Japan raises interest rates to 31-year high to curb impact of rising prices
    Japan raises interest rates to 31-year high to curb impact of rising prices

    The Bank of Japan raised its target rate from 1% to 1.25%, the highest since 1995, seeking to limit inflationary pressure linked to the war in Iran. Two board members opposed the move. The yen fell about 0.7% against the dollar, helping the Nikkei rise nearly 2%.

    Bank of Japaninterest ratesinflationyen

    TThe Guardian★★★☆☆2026-09-18 07:14Original
  • Investors react as BOJ raises interest rates to 31-year high
    Investors react as BOJ raises interest rates to 31-year high

    The Bank of Japan lifted interest rates to 1.25%, the highest level in 31 years, in a widely anticipated move aimed at limiting the risk that inflation would overshoot its 2% target.

    Bank of Japaninterest ratesrate hikeinflation

    RReuters★★★☆☆2026-09-18 06:30Original
  • Yen slumps after BOJ hikes rates as expected
    Yen slumps after BOJ hikes rates as expected

    The yen fell against major currencies in Asian trading on Friday after the Bank of Japan delivered a widely expected rate hike that failed to stop the currency’s decline.

    Bank of Japanyeninterest rates

    RReuters★★★☆☆2026-09-18 05:45Original
  • Japan’s central bank raises benchmark interest rate to 1.25%

    Japan’s central bank raised its benchmark interest rate from 1.0% to 1.25% on Friday, reaching a 31-year high.

    Bank of Japaninterest ratesmonetary policy

    Eeuronews★★★☆☆2026-09-18 05:14Original
  • Japan’s central bank raises benchmark interest rate to 1.25%
    Japan’s central bank raises benchmark interest rate to 1.25%

    Japan’s central bank lifted its benchmark interest rate from 1.0% to 1.25%, the highest level in 31 years. The increase, announced Friday after a two-day monetary policy board meeting, had been widely expected and was already reflected in recent global markets.

    Bank of Japaninterest ratesmonetary policy

    TThe Associated Press★★★☆☆2026-09-18 03:52Original
  • Japan raises interest rate to 31-year high of 1.25% as inflation rises
    Japan raises interest rate to 31-year high of 1.25% as inflation rises

    The Bank of Japan lifted its benchmark rate by 0.25 percentage points to 1.25%, taking borrowing costs to their highest level in 31 years. The move comes amid rising inflation and wages, with pressure from Washington also weighing on policymakers.

    Bank of Japaninterest ratesinflation

    AAl Jazeera★★★☆☆2026-09-18 03:20Original
  • Bank of Japan raises rates to 31-year high, flags inflation concerns
    Bank of Japan raises rates to 31-year high, flags inflation concerns

    The Bank of Japan raised interest rates to their highest level in 31 years and signaled concern about inflation. The decision passed 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the increase.

    Bank of Japaninterest ratesinflation

    CCNBC★★★☆☆2026-09-18 03:16Original
  • Bank of Japan raises rates by 25 basis points as Bitcoin rises against yen
    Bank of Japan raises rates by 25 basis points as Bitcoin rises against yen

    The Bank of Japan raised interest rates by 25 basis points to their highest level in 31 years. The yen declined, while Bitcoin rose against it.

    Bank of Japaninterest ratesyenBitcoin

    CCoinDesk★★★☆☆2026-09-18 03:03Original
  • Bank of Japan raises rates to 1.25%

    The Bank of Japan raised interest rates by 0.25 percentage points to 1.25%, the highest level since 1995.

    Bank of Japaninterest ratesJapan

    FFinancial Times★★★☆☆2026-09-18 02:59Original
  • Bank of Japan Set for Pivotal Rate Hike After Bessent Pressure
    Bank of Japan Set for Pivotal Rate Hike After Bessent Pressure

    The Bank of Japan is poised for a pivotal rate hike following pressure from Bessent.

    Bank of Japanrate hikemonetary policy

    BBloomberg News★★★☆☆2026-09-18 02:45Original
  • Stocks rise as oil dips, yen wobbles ahead of BOJ
    Stocks rise as oil dips, yen wobbles ahead of BOJ

    Asian stocks climbed on Friday while the dollar held steady. Falling oil prices lifted sentiment as investors weighed stronger global efforts to curb inflation ahead of an expected Bank of Japan rate increase.

    Asian stocksoil pricesyenBank of Japan

    RReuters★★☆☆☆2026-09-18 01:40Original
  • How will a rate increase in Japan affect capital flows in global financial markets?
    How will a rate increase in Japan affect capital flows in global financial markets?

    A potential Japanese rate increase is adding uncertainty to global markets, with concerns that it could trigger renewed bond-market turmoil and reduce demand for risk assets. Tokyo’s push for higher defence spending is raising questions about fiscal discipline. Japan’s 10-year bond yield reached 3.03 per cent this week, its highest level in three decades, while the 30-year yield approached a 30-year high at 4.1 per cent.

    Japan rate hikeglobal marketsbond yieldscapital flows

    SSouth China Morning Post★★★★☆2026-09-18 01:00Original
  • Bank of Japan set to raise interest rates to 31-year high
    Bank of Japan set to raise interest rates to 31-year high

    The Bank of Japan is expected to lift interest rates to their highest level in 31 years on Friday and promise further action to address inflation risks. Those risks could intensify if the start of a U.S. rate-hike cycle weakens the yen against the dollar.

    Bank of Japaninterest ratesinflation

    RReuters★★★★☆2026-09-18 00:50Original

China’s August refined fuel exports surpass pre-Iran war levels as jet fuel hits record

China’s refined oil product exports rose 12.7% year on year in August amid the Iran war, while jet fuel shipments reached a record high, according to customs data released Friday. Overall exports exceeded levels recorded before the war.

Energy & commoditiesTrade & sanctionsChinarefined fuel exportsjet fuelIran war

RReutersOriginal★★★☆☆2026-09-18 09:35

China’s August refined fuel exports surpass pre-Iran war levels as jet fuel hits record
China’s August refined fuel exports surpass pre-Iran war levels as jet fuel hits record

Wine production in occupied Crimea fell by a quarter due to logistics and fuel problems

Wine production in occupied Crimea fell 24.7% year-on-year from January through August 2026, while sparkling wine output dropped 38%, according to data cited by Kommersant. Producers face delayed deliveries of bottles and corks, higher transport and packaging costs, power outages, fuel shortages, a poor white-grape harvest, and fewer tourists. After Ukraine intensified attacks on the R-280 highway, carriers began refusing trips and fuel deliveries declined.

Energy & commoditiesCompanies & industryCrimeawine productionlogisticsfuel shortages

MMeduzaOriginal★★★☆☆2026-09-18 09:25

Wine production in occupied Crimea fell by a quarter due to logistics and fuel problems
Wine production in occupied Crimea fell by a quarter due to logistics and fuel problems

Japan’s refiners secure enough crude through November, industry group says

Japan’s oil refiners have secured enough crude supplies to last through November, the Petroleum Association of Japan said on Friday, despite concerns that renewed fighting between Saudi Arabia and Yemen’s Houthis could deepen tensions in the Middle East.

Energy & commoditiesCompanies & industryJapancrude oil supplyoil refinersMiddle East tensions

RReutersOriginal★★★☆☆2026-09-18 09:25

Japan’s refiners secure enough crude through November, industry group says
Japan’s refiners secure enough crude through November, industry group says

Aramco to boost Gulf exports to 60 million barrels in September and October, traders say

Saudi Arabia has sold about 60 million barrels of crude from its Gulf port of Ras Tanura, with shipments planned for this month and next through ship-to-ship transfers at Oman’s Sohar port, multiple trade sources said on Friday.

Energy & commoditiesTrade & sanctionsSaudi Aramcocrude exportsStrait of Hormuz

RReutersOriginal★★★★☆2026-09-18 09:10

Aramco to boost Gulf exports to 60 million barrels in September and October, traders say
Aramco to boost Gulf exports to 60 million barrels in September and October, traders say

US says Iran’s Strait of Hormuz ‘toll booth’ ran through bitcoin exchange

The US Treasury sanctioned Tehran-based exchange BitBank, alleging it transferred hundreds of millions of dollars in bitcoin to Iran’s Revolutionary Guards and processed payments from ships buying passage through the Strait of Hormuz.

Energy & commoditiesCryptoIranBitcoinStrait of HormuzUS Treasury

CCoinDeskOriginal★★★★☆2026-09-18 06:52

US says Iran’s Strait of Hormuz ‘toll booth’ ran through bitcoin exchange
US says Iran’s Strait of Hormuz ‘toll booth’ ran through bitcoin exchange
  • Oman’s oil escape route: How ship-to-ship transfers work despite major risks
    MAJOROman’s oil escape route: How ship-to-ship transfers work despite major risks

    Oman’s Sohar port is emerging as a favored location for ship-to-ship oil transfers while the Strait of Hormuz remains blocked. After Iran closed the strait, Houthis controlled Bab al-Mandeb and attacks disrupted Saudi Arabia’s East-West pipeline, Riyadh began moving crude to Sohar for transfer to other tankers. The operation requires careful coordination but carries spill, collision, insurance and tanker-availability risks.

    Strait of Hormuzoil exportsship-to-ship transfersOman

    AAl Jazeera★★★★★2026-09-18 06:02Original
  • Shipping traffic through Strait of Hormuz remains below 10-day average, data shows
    Shipping traffic through Strait of Hormuz remains below 10-day average, data shows

    Preliminary shipping data showed that four commodity vessels passed through the Strait of Hormuz in the Gulf on Thursday, down from six the previous day and below the roughly 16-vessel 10-day average.

    Strait of HormuzshippingGulf

    RReuters★★★★☆2026-09-18 05:35Original
  • Iran switches from ships to trucks to evade US blockade

    Donald Trump’s naval campaign is deepening Tehran’s reliance on trade routes through land neighbours such as Turkey, as Iran turns from ships to trucks to evade the US blockade.

    IranUS blockadeTurkeytrade

    FFinancial Times★★★★☆2026-09-18 04:00Original

War at home and in the region drives up prices in Yemen

Yemen’s Houthi authorities have raised petrol prices by about 10 percent, the first increase in four years in areas under their control. Families in Sanaa fear higher fuel and transport costs will make food less affordable, while renewed fighting is forcing goods to take longer, costlier routes across the country.

Energy & commoditiesYemenfuel pricesfood insecurityHouthis

AAl JazeeraOriginal★★★★☆2026-09-18 06:45

War at home and in the region drives up prices in Yemen
War at home and in the region drives up prices in Yemen

Immigration crackdown puts Australia's wheat harvest at risk, industry groups say

Australian farm groups say a crackdown on immigration could create labor shortages across agriculture and threaten the coming wheat harvest. Their warning joins concerns from business groups that tighter migration rules could damage the economy.

Energy & commoditiesCompanies & industryAustraliaimmigration policyagriculturewheat harvest

RReutersOriginal★★★☆☆2026-09-18 04:50

Immigration crackdown puts Australia's wheat harvest at risk, industry groups say
Immigration crackdown puts Australia's wheat harvest at risk, industry groups say

The new credit debacle gripping Wall Street

Glencore has become central to the controversy involving embattled iron ore trader Radiant World.

MarketsWall StreetcreditGlencoreRadiant World

FFinancial TimesOriginal★★☆☆☆2026-09-18 04:00

The new credit debacle gripping Wall Street

OpenAI listing delay raises stakes for SoftBank’s $50bn data-centre IPO

SB Energy’s planned initial public offering will test investor appetite for Masayoshi Son’s bet on artificial intelligence, with OpenAI’s delayed listing raising the stakes for SoftBank’s $50bn data-centre IPO.

MarketsEnergy & commoditiesTech & AISoftBankSB EnergyIPOartificial intelligence

FFinancial TimesOriginal★★☆☆☆2026-09-18 03:04

OpenAI listing delay raises stakes for SoftBank’s $50bn data-centre IPO

Glencore Suspends Iron Ore Head Amid Radiant World Review

A senior Glencore executive who oversaw the company’s relationship with embattled iron ore trader Radiant World has been suspended while Glencore reviews its dealings with the firm, according to a person familiar with the matter.

Macro & central banksEnergy & commoditiesCompanies & industryGlencoreRadiant Worldiron oreexecutive suspension

BBloomberg NewsOriginal★★☆☆☆2026-09-18 01:00

Glencore Suspends Iron Ore Head Amid Radiant World Review
Glencore Suspends Iron Ore Head Amid Radiant World Review

JPMorgan says oil market outlook unclear as Iran conflict drags on

JPMorgan said Thursday that, for the first time since the U.S.-Israeli war on Iran began, it has no clear baseline view for the oil market.

Energy & commoditiesBanking & financeIran conflictoil marketJPMorgan

RReutersOriginal★★★★☆2026-09-17 23:45

JPMorgan says oil market outlook unclear as Iran conflict drags on
JPMorgan says oil market outlook unclear as Iran conflict drags on

‘This is our company’: Nigerians celebrate share-buying frenzy

Many Nigerians bought shares for the first time in Aliko Dangote’s oil refinery after more than four billion shares went on sale. The IPO sparked intense enthusiasm, crashed investment apps and inspired the “Yangote” slogan, though analysts warned that refinery and market risks could cause investors to lose some or all of their money.

MarketsEnergy & commoditiesCompanies & industryNigeriaDangote refineryIPOstock investment

BBBC NewsOriginal★★★☆☆2026-09-17 23:24

‘This is our company’: Nigerians celebrate share-buying frenzy
‘This is our company’: Nigerians celebrate share-buying frenzy

French fishermen to end blockades over fuel prices

French fishermen have agreed to lift blockades at fuel depots and ports, including Nice, after talks with the government on financial aid. They say surging fuel prices since the war with Iran began are pushing them to the brink. The segment also reports that India could face new US tariffs if it continues buying Russian oil.

Energy & commoditiesTrade & sanctionsFrench fishermenfuel pricesport blockades

FFrance 24Original★★★☆☆2026-09-17 20:43

French fishermen to end blockades over fuel prices
French fishermen to end blockades over fuel prices

Why have China’s oil prices reached a record high?

China’s oil prices climbed to about $130 a barrel this week, a record high driven by global supply disruptions. Al Jazeera’s Katrina Yu examines whether the world’s biggest oil importer is at risk of running out of oil.

Energy & commoditiesChinaoil pricessupply disruptions

AAl JazeeraOriginal★★★☆☆2026-09-17 20:30

Why have China’s oil prices reached a record high?
Why have China’s oil prices reached a record high?

EXCLUSIVE: US shale oil producer HighPeak Energy exploring sale, sources say

HighPeak Energy is considering a sale after attracting acquisition interest, according to three people familiar with the matter. The U.S. oil and gas exploration and production company, focused on the Permian Basin, is weighing its options.

Energy & commoditiesCompanies & industryHighPeak Energyshale oilacquisition

RReutersOriginal★★☆☆☆2026-09-17 19:45

EXCLUSIVE: US shale oil producer HighPeak Energy exploring sale, sources say
EXCLUSIVE: US shale oil producer HighPeak Energy exploring sale, sources say

India vows to protect energy security after new US tariffs over Russian oil

India warned Washington that new US measures targeting buyers of Russian oil with tariffs could harm bilateral ties. The warning came after the US House passed a sweeping sanctions and tariff bill aimed at increasing economic pressure on Russia over its invasion of Ukraine.

Energy & commoditiesTrade & sanctionsIndiaUS tariffsRussian oil

FFrance 24Original★★★★☆2026-09-17 18:50

India vows to protect energy security after new US tariffs over Russian oil
India vows to protect energy security after new US tariffs over Russian oil
  • US tariffs on Russian oil buyers pass: What it means for China and India
    US tariffs on Russian oil buyers pass: What it means for China and India

    The US Congress has passed legislation giving President Donald Trump broad authority to sanction Russia’s crude exports and impose tariffs of up to 100 percent on major buyers of Russian energy. China and India, Moscow’s largest energy customers, are likely to face the greatest pressure. India says it will protect its trade and economic interests, while China rejects extraterritorial jurisdiction lacking a basis in international law.

    US sanctionsRussian oilChinaIndia

    AAl Jazeera★★★★☆2026-09-17 12:59Original
  • India faces 100% tariff threat over Russian oil after US House vote
    India faces 100% tariff threat over Russian oil after US House vote

    The US House has passed legislation allowing Donald Trump to impose tariffs of up to 100% on countries buying Russian oil and gas. India, a major Russian crude customer, could face higher costs if it switches suppliers, while the threat may also affect Indian exports to the US, the rupee, refinery margins and the trade balance.

    IndiaUS tariffsRussian oilenergy security

    BBBC News★★★★☆2026-09-17 05:33Original

Putin: Russia projects 2% budget deficit even under conservative oil price estimate

President Vladimir Putin said Russia’s federal budget deficit is expected to reach about 2%, based on a highly conservative oil-price estimate. He said the gap remains manageable under current macroeconomic assumptions.

Macro & central banksEnergy & commoditiesRussiafederal budgetbudget deficitoil prices

TTASSOriginal★★★☆☆2026-09-17 18:20

Putin: Russia projects 2% budget deficit even under conservative oil price estimate

How record diesel prices will ripple through the U.S. economy. Trucks and rail are only the start

Record diesel prices are already battering the transportation sector. If energy costs remain high, the economic fallout will spread beyond trucking and rail, which are only the beginning of the impact.

Macro & central banksEnergy & commoditiesCryptoDiesel pricesU.S. economyTransportation

CCNBCOriginal★★★☆☆2026-09-17 15:57

How record diesel prices will ripple through the U.S. economy. Trucks and rail are only the start
How record diesel prices will ripple through the U.S. economy. Trucks and rail are only the start

Major central banks move toward tighter policy amid energy shock

Major central banks are moving toward tighter policy as energy prices surge. The Federal Reserve recalibrated its stance to be more restrictive on Wednesday, while traders continued to price in a stronger response than indicated by the Fed’s dot plot.

Macro & central banksEnergy & commoditiescentral banksenergy pricesmonetary policy

RReutersOriginal★★★★☆2026-09-17 15:10

Major central banks move toward tighter policy amid energy shock
Major central banks move toward tighter policy amid energy shock

China faces oil challenge as prices soar and supply options narrow

China is drawing on large reserves and seeking alternative crude as disruptions to Middle Eastern exports intensify. The closure of a key Saudi pipeline, restrictions around the Strait of Hormuz and complications affecting Russian and Iranian oil are forcing Chinese refiners to look farther afield, adding pressure to oil prices in China and globally.

Energy & commoditiesChinaoil supplyoil pricesStrait of Hormuz

AAl JazeeraOriginal★★★★☆2026-09-17 14:48

China faces oil challenge as prices soar and supply options narrow
China faces oil challenge as prices soar and supply options narrow

Russia’s electricity exports down slightly in first eight months of 2026

Russia’s electricity exports edged lower in January–August 2026 compared with the same period last year, Inter RAO board member Alexandra Panina said. In the first half, Inter RAO raised exports 4% to 3.2 billion kWh and cut imports 5.3% to 1.2 billion kWh. Exports to Kazakhstan rose 20.3%, while deliveries to Mongolia fell 6%.

Energy & commoditiesTrade & sanctionsRussiaelectricity exportsInter RAO

TTASSOriginal★★☆☆☆2026-09-17 14:13

Russia’s electricity exports down slightly in first eight months of 2026

Pakistan announces austerity measures as Gulf conflict drives up fuel prices

Pakistan has announced austerity measures as fuel prices rise amid energy-supply disruptions linked to the war in the Middle East.

Energy & commoditiesPakistanausterity measuresfuel pricesGulf conflict

TTRT WorldOriginal★★★☆☆2026-09-17 13:53

Pakistan announces austerity measures as Gulf conflict drives up fuel prices
Pakistan announces austerity measures as Gulf conflict drives up fuel prices

US-Iran conflict drives surge in supertanker orders

Shipowners have ordered more than twice as many supertankers this year as during all of 2025, in a buying spree worth over $20 billion and the largest in at least 25 years. The US-Iran war is reshaping trade routes and increasing demand for long-haul crude shipments.

Energy & commoditiesTrade & sanctionsUS-Iran conflictsupertankerscrude oil shipping

RReutersOriginal★★★★☆2026-09-17 13:50

US-Iran conflict drives surge in supertanker orders
US-Iran conflict drives surge in supertanker orders

Stocks and bonds rally after Fed hike and falling oil prices

U.S. stock indexes climbed sharply Thursday morning after the Federal Reserve raised interest rates to curb rising inflation. Falling oil prices also helped lift stocks and bonds.

Macro & central banksMarketsEnergy & commoditiesFederal Reserveinterest ratesstocksbondsoil prices

NNBC NewsOriginal★★★★☆2026-09-17 13:41

Stocks and bonds rally after Fed hike and falling oil prices
Stocks and bonds rally after Fed hike and falling oil prices
  • US futures rise after Fed takes hawkish stance on inflation
    US futures rise after Fed takes hawkish stance on inflation

    U.S. stock futures are rising as Wall Street seeks to recover from a lower close after the Federal Reserve delivered its first interest-rate increase in three years and adopted a tougher stance on inflation.

    Federal Reserveinterest ratesinflationUS stocks

    TThe Associated Press★★★☆☆2026-09-17 12:00Original

Brent oil falls below $102 per barrel on London ICE for first time since September 10

November Brent crude futures fell below $102 per barrel on London’s ICE for the first time since September 10. At 3:09 p.m. Moscow time, the contract was down 3.7% at $101.91, before trimming its loss to 3.31% and reaching $102.33 by 3:17 p.m. WTI October futures fell 2.59% to $99.78.

Energy & commoditiesBrent crudeoil pricesLondon ICE

TTASSOriginal★★☆☆☆2026-09-17 12:29

Brent oil falls below $102 per barrel on London ICE for first time since September 10

Bank of England holds rates steady but hints at tightening ahead

The Bank of England kept interest rates unchanged while signalling that policy tightening could lie ahead. It also announced a multiyear plan to fully unwind its asset purchase facility.

Macro & central banksBank of Englandinterest ratesmonetary policy

FFinancial TimesOriginal★★★☆☆2026-09-17 11:29

Bank of England holds rates steady but hints at tightening ahead

Why is inflation rising again around the world?

Higher energy prices are pushing inflation up again and prompting major central banks to raise interest rates. Oil passed $100 a barrel last week, while the Iran war has disrupted the Strait of Hormuz for six months and Houthi advances threaten Saudi supplies. Rising energy costs are reaching household and business bills, forcing policymakers to rethink the usual response to oil shocks.

Macro & central banksEnergy & commoditiesinflationenergy pricesinterest ratesStrait of Hormuz

AAl JazeeraOriginal★★★★☆2026-09-17 10:50

Why is inflation rising again around the world?
Why is inflation rising again around the world?

Hot Potatoes Mean Higher Prices and Shorter Fries in Europe

A succession of heat waves and prolonged drought has battered Europe’s water-hungry potato crop, putting the region on course for one of its smallest harvests ever. The resulting scarcity is expected to mean higher prices and shorter fries.

Energy & commoditiesEuropepotatoesheat wavesdrought

BBloomberg NewsOriginal★★★☆☆2026-09-17 10:30

Hot Potatoes Mean Higher Prices and Shorter Fries in Europe
Hot Potatoes Mean Higher Prices and Shorter Fries in Europe

From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routes

Drone attacks have partly shut Saudi Arabia’s East-West pipeline, removing an estimated 4–5 million barrels per day from global supply. With the Strait of Hormuz largely closed and the Red Sea’s southern route hostile, Saudi Arabia is rerouting crude through Gulf terminals, dark shipments and ship-to-ship transfers off Oman, though exports remain far below pre-crisis levels.

Energy & commoditiesTrade & sanctionsSaudi Arabiaoil exportsStrait of Hormuzshipping

AAl JazeeraOriginal★★★★☆2026-09-17 09:42

From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routes
From Yanbu to Sohar: Tracking Saudi Arabia’s alternative oil routes

How has the 'Yak Revolution' fueled a region's economy?

The term “Yak Revolution” refers to Tibetan and Qiang communities’ support for the Red Army across the grasslands of what is now Aba. Today, Hongyuan County’s Maiwa yak industry is an economic pillar, with about 475,000 yaks, 638 family pastures and a livestock market described as the largest in the Sichuan-Gansu-Qinghai region.

Macro & central banksEnergy & commoditiesCompanies & industryyak industryHongyuan Countylivestocklocal economy

CCGTNOriginal★★☆☆☆2026-09-17 09:40

How has the 'Yak Revolution' fueled a region's economy?
How has the 'Yak Revolution' fueled a region's economy?

South African rand firms as stable commodities offset Fed tightening signal

The South African rand strengthened in early Thursday trading, supported by steady commodity prices after the U.S. Federal Reserve raised interest rates and signalled that further monetary tightening could follow.

Macro & central banksEnergy & commoditiesCompanies & industrySouth African randcommodity pricesFederal Reservemonetary policy

RReutersOriginal★★★☆☆2026-09-17 09:25

South African rand firms as stable commodities offset Fed tightening signal
South African rand firms as stable commodities offset Fed tightening signal