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Russia plans to raise coal output to 660 mln tons and exports to 350 mln by 2050

Russia’s updated coal industry program through 2050 targets production of 660 million metric tons and exports of 350 million tons under its demand-based target scenario, Deputy Prime Minister Alexander Novak said. The plan calls for developing eastern deposits and production centers, expanding the Eastern Range, strengthening ties with China and India, and increasing supplies to Southeast Asia, the Middle East and Africa.

Energy & commoditiesTrade & sanctionsRussiacoalexports

TTASSOriginal★★★☆☆2026-09-21 14:59

Russia plans to raise coal output to 660 mln tons and exports to 350 mln by 2050

How an economic squeeze is changing everyday life and work for Iranians

Amid fuel shortages, damaged infrastructure and mounting economic pressure, Iran is changing work patterns to reduce energy costs. Government offices will shorten in-person hours and shift remaining work online, while public transport is temporarily free and university teaching may move partly online. Fuel supply gaps, war-related disruption and inflation continue to weigh on households.

Energy & commoditiesIranenergy shortageseconomic pressureremote work

AAl JazeeraOriginal★★★★☆2026-09-21 14:50

How an economic squeeze is changing everyday life and work for Iranians
How an economic squeeze is changing everyday life and work for Iranians

Bitcoin’s $84K rally isn’t saving miners as difficulty signals flash caution

Bitcoin’s rise to $84,751 lifted theoretical gross hashprice about 2.65% above the prior baseline, offering miners only modest relief. Difficulty rose 4.1634% on Sept. 19, while the next estimate points to a 2.48% decline. That early reading is not proof that miners are shutting down.

Energy & commoditiesCryptoCompanies & industryBitcoincrypto miningmining difficultyminer revenue

CCryptoSlateOriginal★★☆☆☆2026-09-21 13:25

Bitcoin’s $84K rally isn’t saving miners as difficulty signals flash caution
Bitcoin’s $84K rally isn’t saving miners as difficulty signals flash caution

Warning! German industry caught in the crosswinds of a new reality

One in five companies in Germany is considering relocating investments, has taken steps to do so, or has already carried out such a move.

MarketsCompanies & industryGermanyindustryinvestment relocation

TTRT WorldOriginal★★★☆☆2026-09-21 13:15

Warning! German industry caught in the crosswinds of a new reality
Warning! German industry caught in the crosswinds of a new reality

Satellite Snapshot Points to Increase in Saudi Gulf Oil Flows

Saudi Arabia’s observed oil loadings from inside the Persian Gulf rose sharply over the weekend. Following the shutdown of a key cross-country pipeline, the increase is the clearest indication yet that the kingdom has redirected exports toward the Strait of Hormuz.

Energy & commoditiesTrade & sanctionsSaudi Arabiaoil exportsStrait of Hormuz

BBloomberg NewsOriginal★★★★☆2026-09-21 13:00

Satellite Snapshot Points to Increase in Saudi Gulf Oil Flows
Satellite Snapshot Points to Increase in Saudi Gulf Oil Flows

PoliticsAs US and China talk, middle powers jostle for position

Xi Jinping is due to meet Donald Trump in Washington this week, but Europe is likely to remain caught between unpredictable US trade policy and China’s export machine. Washington and Beijing are competing over trade, advanced chips, rare earths and artificial intelligence, with officials reportedly discussing a mechanism to notify each other about AI security incidents. European officials meanwhile warn that a new wave of Chinese industrial competition is worsening deindustrialization pressures.

US-China relationstrade warartificial intelligenceEurope

DDWOriginal★★★★☆2026-09-21 12:58

As US and China talk, middle powers jostle for position
As US and China talk, middle powers jostle for position
  • US Stock Futures Climb Ahead of Trump-Xi Meeting as Oil Slips
    US Stock Futures Climb Ahead of Trump-Xi Meeting as Oil Slips

    US equity futures are rising as oil prices fall, while officials express optimism about a summit between President Donald Trump and China’s Xi Jinping scheduled for this week.

    US stock futuresoil pricesDonald TrumpXi Jinping

    BBloomberg News★★★☆☆2026-09-21 12:30Original
  • The Tough AI Questions Looming Over the Trump-Xi Summit
    The Tough AI Questions Looming Over the Trump-Xi Summit

    Artificial intelligence is expected to feature prominently when US President Donald Trump meets Chinese President Xi Jinping at the White House on Thursday. The two superpowers view AI as the latest focal point of their economic rivalry. Trump said on Sept. 13: “Whoever wins AI, wins.”

    artificial intelligenceUS-China relationsDonald TrumpXi Jinping

    BBloomberg News★★★★☆2026-09-21 12:00Original
  • Trump Presses AI Case Ahead of Xi Meeting as Calls Rise for Slowdown
    Trump Presses AI Case Ahead of Xi Meeting as Calls Rise for Slowdown

    Ahead of a meeting with Xi, Trump continues to argue for artificial intelligence, maintaining that the technology does not need additional guardrails even as calls grow for a slowdown.

    Donald Trumpartificial intelligenceUS-China relations

    BBloomberg News★★★☆☆2026-09-21 11:30Original
  • US and China Discuss Alerting Each Other to AI National Security Threats
    US and China Discuss Alerting Each Other to AI National Security Threats

    Officials from the United States and China discussed creating a mechanism for the two countries to notify each other about AI incidents that could pose a threat to national security.

    United StatesChinaartificial intelligencenational security

    WWIRED★★★★☆2026-09-21 10:34Original

US, China fail to agree on extending trade truce — FT

The United States and China failed to agree on extending their trade truce after talks in New York, the Financial Times reported, citing US sources. Washington seeks a six-month extension, while Beijing wants it to last through Donald Trump’s presidential term. Rare earth supplies are also disputed, although both sides want to preserve trade stability seen over the past year.

Energy & commoditiesTrade & sanctionsUS-China tradetrade trucerare earths

TTASSOriginal★★★★☆2026-09-21 11:55

US, China fail to agree on extending trade truce — FT

Qatar rules out Hormuz pipeline bypass and reshapes sovereign wealth strategy

Qatar said a gas pipeline bypassing the Strait of Hormuz would not make economic sense. It also launched a platform to manage QIA’s domestic holdings and identified more than $60 billion in investment opportunities as it significantly reshapes its sovereign wealth strategy.

MarketsEnergy & commoditiesQatarStrait of Hormuzsovereign wealth

EeuronewsOriginal★★★★☆2026-09-21 11:53

Qatar rules out Hormuz pipeline bypass and reshapes sovereign wealth strategy

WorldIran warns of ‘new weapons’ as Trump weighs meeting with Iranian president

Iran warned Monday that it would deploy “new weapons with new capabilities” if the United States launched another assault. The warning came after President Donald Trump intensified his rhetoric against Tehran over the weekend while considering a meeting with Iran’s president.

IranDonald TrumpUS-Iran relations

NNBC NewsOriginal★★★★☆2026-09-21 11:38

Iran warns of ‘new weapons’ as Trump weighs meeting with Iranian president
Iran warns of ‘new weapons’ as Trump weighs meeting with Iranian president
  • Why is the US trying ‘regime change’ again?
    Why is the US trying ‘regime change’ again?

    The US invasions following 9/11 ended in disaster, yet the country is attempting regime change in Iran again.

    United StatesIranregime change

    AAl Jazeera★★★★☆2026-09-21 11:00Original
  • Iran’s GDP shrinks 10% as oil and gas losses mount during war
    Iran’s GDP shrinks 10% as oil and gas losses mount during war

    Iran’s GDP fell 10.1 percent year-on-year in the first quarter of the Persian calendar, according to official data, as the US-Israel war hit the economy. Oil and gas activity contracted 26.4 percent, while US pressure and a naval blockade of the Strait of Hormuz sharply curtailed crude exports and trade.

    Iran economyoil and gasUS pressureStrait of Hormuz

    AAl Jazeera★★★★☆2026-09-21 10:38Original
  • US and Iran trade threats as fears of return to all-out war mount

    The US and Iran are exchanging threats as concern grows that an all-out war could return. Iran’s Islamic Revolutionary Guard Corps said it was prepared for a “long-term war” with strategic weapons it has not yet used, while Donald Trump told Fox News he was considering options “if and when do I blow the entire nation up.”

    United StatesIranwar threats

    Eeuronews★★★★☆2026-09-21 10:32Original

Qatar loses around 17% of LNG export revenue due to regional conflict

Qatar Central Bank Governor Bandar bin Mohammed bin Saoud Al Thani said Iranian attacks and the closure of the Strait of Hormuz had wiped out about 17% of Qatar’s LNG export revenue. He described damage to gas infrastructure as “huge” and said full restoration would take two to three years.

Energy & commoditiesTrade & sanctionsCompanies & industryQatarLNGStrait of Hormuzregional conflict

TTASSOriginal★★★★☆2026-09-21 11:17

Qatar loses around 17% of LNG export revenue due to regional conflict

Bitcoin hits highest level since January at $85,000 as market debates whether ‘crypto winter’ is over

Bitcoin climbed above $85,000 on Monday, extending its rally from the past few days and reaching its highest level since January. The market is debating whether the “crypto winter” has ended.

CryptoBitcoincryptocurrencymarkets

CCNBCOriginal★★☆☆☆2026-09-21 11:10

Bitcoin hits highest level since January at $85,000 as market debates whether ‘crypto winter’ is over
Bitcoin hits highest level since January at $85,000 as market debates whether ‘crypto winter’ is over

What China and the US agreed in previous economic and trade consultations

Chinese and US teams held candid, in-depth and constructive exchanges on economic and trade issues, along with talks on AI-related matters. The article reviews understandings reached in consultations in Geneva, London, Stockholm, Madrid and Kuala Lumpur, including tariff reductions, a consultation mechanism, a TikTok cooperation framework and temporary export-control measures.

Trade & sanctionsTech & AIChina-US relationstrade consultationstariffsAI

CCGTNOriginal★★★★☆2026-09-21 09:54

What China and the US agreed in previous economic and trade consultations
What China and the US agreed in previous economic and trade consultations
  • Bessent and He Lifeng end New York talks with US AI-safety proposal

    Following the Bessent–He Lifeng talks in New York, a US proposal for a new AI-safety notification mechanism is to be considered by Donald Trump and Xi Jinping at this week’s summit.

    US-China relationsNew York talksAI safety

    CCNN★★★★☆2026-09-21 04:02Original
  • China, US hold economic and trade consultations in New York
    China, US hold economic and trade consultations in New York

    Chinese and U.S. delegations met in New York on Sunday for economic and trade consultations. They exchanged views on major issues of shared concern and on carrying out the consensus reached in earlier talks.

    China-US relationstrade consultationsNew York

    CCGTN★★★★☆2026-09-21 02:39Original
  • China’s Selective Crop Buying Tests US Trade Truce Before Summit
    China’s Selective Crop Buying Tests US Trade Truce Before Summit

    China has bought more than half of the 25 million tons of US soybeans it pledged to purchase this year. But progress on a separate promise to spend billions more on American crops has largely stalled, putting the trade truce under pressure ahead of the summit.

    US-China tradesoybeansagriculture

    BBloomberg News★★★☆☆2026-09-21 02:30Original
  • Trump-Xi Talks Could Unlock $6 Billion in US Natural Gas Sales to China
    Trump-Xi Talks Could Unlock $6 Billion in US Natural Gas Sales to China

    China’s leader Xi Jinping is due in Washington this week with at least one straightforward way to win favor with the Trump administration: pledging to revive an annual $6 billion trade in US liquefied natural gas.

    US-China tradeLNGDonald TrumpXi Jinping

    BBloomberg News★★★☆☆2026-09-21 02:00Original

Aliko Dangote: Refining Nigeria’s oil, helping Africa and creating wealth

Nigerian billionaire Aliko Dangote says building his refinery was his toughest challenge, but he never thought of quitting. The facility has reduced Nigeria’s dependence on imported fuel, while demand for its jet fuel has risen amid disruptions to global energy supplies. Dangote plans to double its capacity and list the company on Nigeria’s stock exchange to create wealth, rejecting claims that he is building a monopoly.

Macro & central banksMarketsEnergy & commoditiesAliko DangoteNigeriaoil refiningAfrica economy

AAl JazeeraOriginal★★★☆☆2026-09-21 09:02

Aliko Dangote: Refining Nigeria’s oil, helping Africa and creating wealth
Aliko Dangote: Refining Nigeria’s oil, helping Africa and creating wealth

Live updates: Bitcoin climbs toward $83,000 as falling oil lifts risk assets

Major cryptocurrencies rose alongside equity futures on Monday. With Brent crude falling for a fourth consecutive session, traders positioned themselves ahead of the Trump-Xi summit later this week; Monero’s XMR gained 13%.

MarketsEnergy & commoditiesCryptoBitcoincryptocurrencyoil pricesmarkets

CCoinDeskOriginal★★☆☆☆2026-09-21 08:39

Live updates: Bitcoin climbs toward $83,000 as falling oil lifts risk assets
Live updates: Bitcoin climbs toward $83,000 as falling oil lifts risk assets

Ukraine’s oil and gas giant to build storage sites in Hungary amid fears of Russian winter strikes

Naftogaz Group has signed a memorandum with Hungarian energy company Mol to build oil products storage facilities near Ukraine’s border. Acting head Serhii Fedorenko said the project would help diversify supply routes and add capacity outside areas exposed to ongoing Russian attacks on fuel infrastructure as Ukraine prepares for possible winter strikes.

Macro & central banksEnergy & commoditiesUkraineHungaryenergy infrastructureRussian attacks

TThe Kyiv IndependentOriginal★★★☆☆2026-09-21 07:30

Ukraine’s oil and gas giant to build storage sites in Hungary amid fears of Russian winter strikes
Ukraine’s oil and gas giant to build storage sites in Hungary amid fears of Russian winter strikes

Europe injects 45 bln cubic meters of gas into storage, races to build winter stocks

EU countries have net injected more than 45 billion cubic meters of gas into underground storage since April, covering only 67% of the volume needed for the coming winter. Facilities were 69.59% full on September 19, the lowest level for that date since records began in 2011, as the EU rushes to replenish stocks despite high prices.

MarketsEnergy & commoditiesEuropenatural gasgas storagewinter supply

TTASSOriginal★★★★☆2026-09-21 06:51

Europe injects 45 bln cubic meters of gas into storage, races to build winter stocks

NEV exports via Ningbo Port nearly double to top 300,000 units in Jan-Aug

Ningbo Port exported 301,000 new energy vehicles worth 34.22 billion yuan in the first eight months, with volumes and value rising 99.1% and 95.5% year on year. Brazil, the UAE and the EU were the main destinations, while customs advanced smart-clearance measures to support exports.

Energy & commoditiesTrade & sanctionsCompanies & industryNingbo Portnew energy vehiclesexports

CChina News ServiceOriginal★★☆☆☆2026-09-21 02:53

NEV exports via Ningbo Port nearly double to top 300,000 units in Jan-Aug

WorldVessels trickle through Strait of Hormuz as Middle East tension persists

Shipping data showed that 12 commodity vessels crossed the Strait of Hormuz over the weekend, down from 35 the previous weekend, as Gulf tensions continued amid a stalemate between the United States and Iran.

Strait of HormuzUnited StatesIranshipping

RReutersOriginal★★★★☆2026-09-21 02:50

Vessels trickle through Strait of Hormuz as Middle East tension persists
Vessels trickle through Strait of Hormuz as Middle East tension persists
  • Oil falls as crude flows remain 'surprisingly strong'
    Oil falls as crude flows remain 'surprisingly strong'

    Oil prices fell Monday as traders monitored the possibility of a recovery in shipments from Saudi Arabia, despite continuing escalation in Middle East tensions.

    oil pricescrude shipmentsSaudi ArabiaMiddle East tensions

    CCNBC★★☆☆☆2026-09-21 02:14Original

Ukraine may lose up to 6.8% of GDP in 2027 amid continued hostilities

Calculations based on documents accompanying Ukraine’s draft 2027 budget indicate that continued hostilities could cost the country up to 6.8% of GDP—more than $15 billion—and $5.15 billion in budget revenue. Finance Ministry officials warn of worsening energy shortages, export declines and labor losses. Even the most optimistic scenario foresees a 30% electricity deficit and a 20% export drop.

Macro & central banksEnergy & commoditiesUkraineGDPbudgetenergy crisis

TTASSOriginal★★★★☆2026-09-21 02:38

Ukraine may lose up to 6.8% of GDP in 2027 amid continued hostilities

PoliticsChina, US hold candid and in-depth exchanges on economy and trade

Chinese and US teams held candid, in-depth and constructive consultations on economic and trade issues on Sunday. Chinese Vice Premier He Lifeng met in New York with Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, with the sides also discussing AI-related matters.

China-US relationstrade talksartificial intelligence

CCGTNOriginal★★★★☆2026-09-21 02:06

China, US hold candid and in-depth exchanges on economy and trade
China, US hold candid and in-depth exchanges on economy and trade
  • Businesses look to Sino-U.S. trade talks for progress

    A new round of China-U.S. economic and trade talks in the United States has raised hopes among American businesses and industry groups for progress in commercial ties and greater certainty across both markets. Soybean exporters and Coach China expressed confidence in the relationship and Chinese market, while Vice-Premier He Lifeng leads the Chinese delegation.

    China-U.S. tradeeconomic talkssoybean exportsChinese market

    CChina News Service★★★★☆2026-09-21 01:33Original
  • Bessent meets China’s He Lifeng ahead of Trump-Xi summit
    Bessent meets China’s He Lifeng ahead of Trump-Xi summit

    Scott Bessent and Chinese Vice Premier He Lifeng are discussing trade, artificial intelligence and critical minerals ahead of the Sept. 24 summit between Donald Trump and Xi Jinping.

    U.S.-China tradeDonald TrumpXi Jinpingcritical minerals

    CCNBC★★★★☆2026-09-20 16:56Original

As Chinese gold jewellery consumption slumps 34%, sellers seek markets abroad

The World Gold Council says Chinese gold jewellery sellers are pursuing opportunities in the Middle East and India by using their advanced crafting technology as the industry struggles with volatile prices. Buyers from those regions made up most visitors at the latest Jewellery & Gem World Hong Kong fair.

Macro & central banksEnergy & commoditiesChina gold jewelleryoverseas marketsgold prices

SSouth China Morning PostOriginal★★☆☆☆2026-09-21 02:00

As Chinese gold jewellery consumption slumps 34%, sellers seek markets abroad
As Chinese gold jewellery consumption slumps 34%, sellers seek markets abroad

Tech leads Asian shares higher as oil eases

Asian share markets edged higher on Monday, helped by chipmakers as insatiable AI demand for data continued to support the sector. Oil prices eased as hopes that Saudi Arabia could increase supplies outweighed news of a Houthi attack on Riyadh.

MarketsEnergy & commoditiesTech & AIAsian shareschipmakersoil pricesHouthi attack

RReutersOriginal★★☆☆☆2026-09-21 00:50

Tech leads Asian shares higher as oil eases
Tech leads Asian shares higher as oil eases

China’s Russian LNG imports rise 28.2%, oil purchases up 18.1% in January-August

China imported 5.15 million metric tons of Russian LNG in January-August 2026, up 28.2% year on year, with its value rising 13.2% to $2.66 billion. Russian oil purchases increased 18.1% to 77.65 million metric tons, while their value grew 33.3% to $44.84 billion, making Russia China’s largest oil supplier.

Energy & commoditiesTrade & sanctionsChinaRussiaLNGoil

TTASSOriginal★★★☆☆2026-09-20 04:56

China’s Russian LNG imports rise 28.2%, oil purchases up 18.1% in January-August

Biodiesel for shipping becomes cheaper than conventional fuels after price fall

A rush for supplies to meet emissions targets has driven biodiesel prices to a record low, making the fuel cheaper than conventional alternatives for shipping and potentially accelerating the industry’s shift toward greener fuels.

Energy & commoditiesTrade & sanctionsbiodieselshippingemissions reduction

FFinancial TimesOriginal★★☆☆☆2026-09-20 04:00

Biodiesel for shipping becomes cheaper than conventional fuels after price fall

US diesel prices hit record $6.49 per gallon, AAA says

The average US diesel price rose to a record $6.49 per gallon from $6.17 a week earlier, according to the American Automobile Association. A year ago, diesel cost $3.70 per gallon. The Wall Street Journal previously reported that Chevron’s head warned of a global fuel crisis amid the Middle East conflict.

Energy & commoditiesUnited Statesdiesel pricesfuel crisis

TTASSOriginal★★★☆☆2026-09-19 20:51

US diesel prices hit record $6.49 per gallon, AAA says

Dmitriev says Europe faces worst energy crisis in its history

Kirill Dmitriev, a special representative of the Russian president and CEO of the Russian Direct Investment Fund, said Europe is facing the worst energy crisis in its history. He said EU energy restrictions are “finally arriving” while commenting on reports of fuel supply disruptions in France, where 11% of gas stations had gasoline or diesel shortages as of September 19.

Energy & commoditiesEuropeenergy crisisFrancefuel supply

TTASSOriginal★★★☆☆2026-09-19 18:59

Dmitriev says Europe faces worst energy crisis in its history

Anthropic’s Potential $2 Trillion IPO Fuels an $80 Million Crypto Trade

Anthropic has not disclosed an IPO price, final valuation or share count, yet open interest in crypto futures linked to the Claude developer has climbed to about $79.27 million. The contract is not Anthropic stock; it is a cash-settled derivative reflecting traders’ bets on the privately held company’s eventual valuation.

MarketsEnergy & commoditiesTrade & sanctionsCryptoTech & AIAnthropicIPOcrypto derivativesartificial intelligence

CCryptoSlateOriginal★★☆☆☆2026-09-19 18:05

Anthropic’s Potential $2 Trillion IPO Fuels an $80 Million Crypto Trade
Anthropic’s Potential $2 Trillion IPO Fuels an $80 Million Crypto Trade

Oil prices are high but could be much worse. Trump has China’s Xi to thank for that

Oil prices have risen, but Donald Trump’s conflict with Iran has not produced the catastrophic spike many feared when the war began. The article credits China’s Xi Jinping with helping keep prices from climbing even higher.

Energy & commoditiesoil pricesDonald TrumpXi JinpingIran conflict

TThe Associated PressOriginal★★★★☆2026-09-19 17:17

Oil prices are high but could be much worse. Trump has China’s Xi to thank for that
Oil prices are high but could be much worse. Trump has China’s Xi to thank for that

Bolivia cuts diesel subsidies as Congress approves $1.9 billion IMF deal

Bolivia has cut diesel subsidies as Congress ratified a $1.9 billion deal with the IMF to help ease the country’s deep economic crisis. La Paz hopes final approval by the IMF executive board will unlock additional financing from institutions including the World Bank and help restore its struggling credit standing.

Energy & commoditiesCompanies & industryBoliviadiesel subsidiesIMFeconomic crisis

EeuronewsOriginal★★★☆☆2026-09-19 06:54

Bolivia cuts diesel subsidies as Congress approves $1.9 billion IMF deal
  • Bolivia’s Congress approves $1.9bn IMF loan amid protest threats
    Bolivia’s Congress approves $1.9bn IMF loan amid protest threats

    Bolivia’s Congress approved a $1.9bn IMF loan, a major win for President Rodrigo Paz. Unions warn that the agreement’s required fuel-subsidy cuts and spending restraint will raise living costs and could trigger renewed unrest. The loan still requires approval from the IMF’s Executive Board.

    BoliviaIMFfuel subsidiesprotests

    AAl Jazeera★★★★☆2026-09-19 04:22Original

EU fuel prices hit records as ECB experts see diesel margins peaking in October

EU petrol and diesel prices reached record highs this week, according to the European Commission. Refining margins, the cost of converting crude oil into fuel, are partly responsible, while ECB experts told Euronews that diesel margins are not expected to peak until October, meaning prices may stay elevated.

Macro & central banksEnergy & commoditiesEUfuel pricesdieselrefining margins

EeuronewsOriginal★★★☆☆2026-09-19 05:00

EU fuel prices hit records as ECB experts see diesel margins peaking in October

Saudis Tell European Refiners They’ll Get No Crude Next Month

Saudi Aramco has told at least two European refining customers that they will receive no crude next month under their long-term agreements, according to people familiar with the decision, after an attack on the kingdom’s key pipeline to the Red Sea.

Energy & commoditiesSaudi ArabiaSaudi Aramcocrude supplyRed Sea pipeline

BBloomberg NewsOriginal★★★★☆2026-09-19 03:00

Saudis Tell European Refiners They’ll Get No Crude Next Month
Saudis Tell European Refiners They’ll Get No Crude Next Month
  • Europe’s Oil Supply Pressure Mounts After Attack Cuts Saudi Sales
    Europe’s Oil Supply Pressure Mounts After Attack Cuts Saudi Sales

    The shutdown of Saudi Arabia’s East-West pipeline following an attack is forcing European buyers to scramble for alternative cargoes. With fuel prices soaring, the region’s oil refiners are paying eye-watering premiums for supplies.

    oil supplySaudi ArabiaEuropefuel prices

    BBloomberg News★★★★☆2026-09-19 01:30Original

Jet Fuel Prices Rise to Near Highest Levels Since Iran War

Jet fuel prices in parts of the US have climbed back close to their highest level since the US-Iran war began, renewing cost concerns for airlines and travelers.

Energy & commoditiesCompanies & industryjet fuelairlinesenergy prices

BBloomberg NewsOriginal★★☆☆☆2026-09-19 01:00

Jet Fuel Prices Rise to Near Highest Levels Since Iran War
Jet Fuel Prices Rise to Near Highest Levels Since Iran War
  • WATCH: Airlines cut flights as jet fuel costs soar
    WATCH: Airlines cut flights as jet fuel costs soar

    Airlines are cutting flights as jet fuel costs surge. Points Guy managing editor Clint Henderson explains what travelers should do if a flight is canceled and whether some flights face a higher cancellation risk than others.

    airlinesjet fuelflight cancellations

    AABC News★★☆☆☆2026-09-19 00:23Original

US, China discuss cutting tariffs on US LNG ahead of Xi visit

The United States and China are discussing reducing or eliminating Chinese tariffs on American liquefied natural gas, according to two people briefed on the talks. The proposal is part of a broader package covering energy and agriculture that could be announced during Chinese President Xi Jinping’s visit to Washington next week.

Energy & commoditiesTrade & sanctionsUnited StatesChinaLNGtariffs

RReutersOriginal★★★★☆2026-09-18 20:25

US, China discuss cutting tariffs on US LNG ahead of Xi visit
US, China discuss cutting tariffs on US LNG ahead of Xi visit

Source: Bessent plans New York meeting with China's He on AI and rare earths

A person familiar with Scott Bessent’s plans said the US Treasury secretary intends to meet China’s Vice Premier He Lifeng in New York this weekend. The planned discussion would cover artificial intelligence, trade, rare earths and economic matters.

Energy & commoditiesTech & AIUS-China relationsartificial intelligencerare earths

RReutersOriginal★★★☆☆2026-09-18 19:15

Source: Bessent plans New York meeting with China's He on AI and rare earths
Source: Bessent plans New York meeting with China's He on AI and rare earths

Saudi Aramco says European customers will get no October crude under long-term contracts

Saudi Aramco has told European customers they will receive no crude in October under long-term contracts after a drone attack shut down the East–West pipeline to the Red Sea. Saudi Arabia says the drones were launched from Iraq. Aramco expects partial service within days and full capacity within six weeks.

Energy & commoditiesCompanies & industrySaudi Aramcooil supplydrone attackEuropean refiners

MMeduzaOriginal★★★★☆2026-09-18 18:23

Saudi Aramco says European customers will get no October crude under long-term contracts
Saudi Aramco says European customers will get no October crude under long-term contracts

'Call Dangote, we need a board meeting': Nigerian refinery IPO sparks meme frenzy

The Nigerian appetite for shares in Aliko Dangote’s petroleum refinery is generating a burst of viral online humor. The memes give even the smallest investors the imagined status of industry chiefs and personal advisers to Africa’s richest man.

MarketsEnergy & commoditiesNigeriaDangote refineryIPOmemes

RReutersOriginal★★☆☆☆2026-09-18 18:00

'Call Dangote, we need a board meeting': Nigerian refinery IPO sparks meme frenzy
'Call Dangote, we need a board meeting': Nigerian refinery IPO sparks meme frenzy

'We simply don't know': JP Morgan struggles to forecast oil prices amid Trump's Iran war

JPMorgan says it is struggling to model how the US-Iran war will affect oil prices, admitting it has no baseline view of the conflict’s endgame. The bank had assumed economic red lines would prompt a deal to reopen the Strait of Hormuz, but several thresholds have now been crossed while the exit strategy remains unclear.

Energy & commoditiesBanking & financeUS-Iran waroil pricesJPMorganStrait of Hormuz

BBBC NewsOriginal★★★★☆2026-09-18 17:57

'We simply don't know': JP Morgan struggles to forecast oil prices amid Trump's Iran war
'We simply don't know': JP Morgan struggles to forecast oil prices amid Trump's Iran war

Gas prices are dropping. You can thank the ‘winter blend’ for that

After rising slightly earlier this week, gas prices fell by about eight cents overnight and could decline by several more cents before the weekend, according to an expert. Diesel prices, however, are surging, potentially affecting even people who do not drive.

Energy & commoditiesgas pricesdieselwinter blend

CCBC NewsOriginal★★☆☆☆2026-09-18 15:37

Gas prices are dropping. You can thank the ‘winter blend’ for that

Record EU fuel prices prompt calls for bloc-wide windfall tax on energy firms

Near-record fuel and gas prices are driving European governments to discuss a bloc-wide windfall tax on energy companies. Germany’s finance minister, Lars Klingbeil, accused oil firms of exploiting the Middle East situation and urged the European Commission to propose taxation models. High energy costs have become a major political issue in France and Italy.

Macro & central banksEnergy & commoditiesCompanies & industryEUfuel priceswindfall taxenergy crisis

TThe GuardianOriginal★★★★☆2026-09-18 14:42

Record EU fuel prices prompt calls for bloc-wide windfall tax on energy firms
Record EU fuel prices prompt calls for bloc-wide windfall tax on energy firms

Engineers India expects gains from Middle East plans to bypass Hormuz

Engineers India said on Friday that it expects to benefit as major Middle Eastern clients invest in infrastructure designed to bypass the Strait of Hormuz, a crucial energy waterway that has been largely closed since the Iran war began.

Macro & central banksEnergy & commoditiesEngineers IndiaMiddle EastStrait of Hormuzinfrastructure

RReutersOriginal★★☆☆☆2026-09-18 14:05

Engineers India expects gains from Middle East plans to bypass Hormuz
Engineers India expects gains from Middle East plans to bypass Hormuz

WTO chief calls Strait of Hormuz disruption ‘worst threat’ to global trade in eight decades

WTO chief Ngozi Okonjo-Iweala calls disruption in the Strait of Hormuz the “worst threat” to global trade in eight decades. She urges developing countries to help shape modernised trade policies and seize economic opportunities.

Energy & commoditiesTrade & sanctionsStrait of Hormuzglobal tradeWTOtrade policy

TTRT WorldOriginal★★★★☆2026-09-18 14:03

WTO chief calls Strait of Hormuz disruption ‘worst threat’ to global trade in eight decades
WTO chief calls Strait of Hormuz disruption ‘worst threat’ to global trade in eight decades