Port Alliance handled 29.24 million tons of export cargo in the first eight months of 2026, up 13% year on year. China, India and Turkey made up two-thirds of the group’s exports, with China leading thermal coal shipments at 10.8 million tons, or 37% of the total.
T
TASSOriginal★★☆☆☆2026-09-25 17:03
The Russian government has approved amendments allowing oil companies that have not previously signed investment agreements to conclude new deals from Jan. 1 through Sept. 30, 2026, for production facilities eligible for an investment premium on the reverse oil excise tax. The commissioning deadline for new agreements is extended to 2033. The changes do not apply to agreements signed before the decree took effect.
TTASSOriginal★★★☆☆2026-09-25 16:32
Hundreds of truckers held a go-slow convoy on a motorway in north-central Portugal on Friday, while commuters sounded their horns on Lisbon’s main bridge to protest sharply rising fuel costs.
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ReutersOriginal★★☆☆☆2026-09-25 16:05
Politico reports simultaneous protests over sharply rising fuel prices in several European countries. Hundreds of trucks disrupted traffic in Portugal while French fishermen blocked southern ports and an oil depot, demanding lower fuel costs and more state support. French authorities expanded aid programs for those most affected.
Summer-grade diesel prices slipped 3.34% over the week on the St. Petersburg International Mercantile Exchange, despite a slight rise to 66,857 rubles per metric ton on Friday. AI-92 gasoline fell 0.67% for the week, while fuel oil rose 18.44%. Russia has temporarily banned exports of gasoline, diesel and other oil products until January 31, 2027.
TTASSOriginal★★☆☆☆2026-09-25 16:04
Iran has proposed reopening the Strait of Hormuz within seven days and restarting nuclear talks, but expects the US to lift asset freezes, restore oil-export access and press Israel to stop attacks on Hezbollah in Lebanon. The plan could ease pressure on global energy markets while forcing Donald Trump into difficult concessions.
TThe GuardianOriginal★★★★☆2026-09-25 15:43
Iranian Foreign Minister Abbas Araghchi briefed Russian Foreign Minister Sergey Lavrov on Tehran’s negotiations with Muscat over navigation safety in the Strait of Hormuz and ongoing information exchanges with the US. Araghchi said Iran had shown a serious diplomatic approach but would firmly defend its interests and would not allow the US to use the strait to threaten its national security.
At the UN General Assembly in New York, Iranian President Masoud Pezeshkian signaled that Tehran was open to talks on its nuclear dispute and said it would honor international law and the Non-Proliferation Treaty. An expert said Pezeshkian lacks authority to begin comprehensive de-escalation, making a major breakthrough unlikely, though contacts and a possible framework for talks could emerge. Reopening the Strait of Hormuz is also under discussion.
Iran says it has proposed reopening the Strait of Hormuz within seven days if certain conditions are met, with peace talks then resuming. Qatar is relaying messages between Tehran and Washington in New York, but no diplomatic breakthrough has emerged. Iran wants sanctions relief and security guarantees addressed first, while the US wants immediate talks on Iran’s nuclear programme.
Oil prices edged lower on Friday as markets considered the prospect of a truce between the United States and Iran while remaining concerned about Houthi rebel bombing in Saudi Arabia. Prices had surged for a week before the decline.
US and Iranian negotiators are reportedly considering a phased arrangement under which Tehran would reopen the Strait of Hormuz and Washington would remove its blockade of Iranian ports, according to a person familiar with the talks.
Peru expects new mining projects to lift annual copper output by about 1 million metric tons within five to six years. The energy and mines minister told Reuters that Chinese and US companies are considering investments as competition for critical minerals in South America broadens.
RReutersOriginal★★★☆☆2026-09-25 15:35
Electricity consumption in Russia’s unified energy system has fallen 0.2% year to date, System Operator CEO Fyodor Opadchiy said. He said consumption could be lower than in 2025, when it declined 0.8% to 1.161 trillion kWh.
TTASSOriginal★★★☆☆2026-09-25 14:53
Gazprom reported that its pipeline gas supplies to CIS markets rose 29% in the first half of 2026, with higher sales to Kazakhstan driving the increase. Kazakhstan plans to buy about 11 billion cubic meters from Gazprom this year, up from 4 billion last year.
TTASSOriginal★★★☆☆2026-09-25 14:51
Gazprom Group reported a 3.4% year-on-year increase in gas production to 216.55 bcm in the first half of 2026. Gas sales in domestic and foreign markets rose 4.4% to 193.2 bcm, while oil and gas condensate output fell 2.7% and helium production climbed 27.2%.
Japan’s largest oil and gas explorer, Inpex, said on Friday it had exercised its pre-emptive right to purchase JERA’s 0.735% interest in the Ichthys LNG project in Australia, blocking a deal previously agreed with MidOcean Energy.
RReutersOriginal★★☆☆☆2026-09-25 14:40
Persistent rain is delaying the early soybean harvest in the western US Midwest, tightening supplies. Processors are offering hefty premiums for immediate deliveries, while some plants are scaling back production, according to grain merchandisers and company data.
RReutersOriginal★★☆☆☆2026-09-25 14:30
Power management company Eaton said it has agreed to buy Italy-based grid equipment maker COL Group from investment manager Oaktree Capital Management for an enterprise value of €810 million ($923.16 million), as it seeks to expand in Europe.
RReutersOriginal★★☆☆☆2026-09-25 14:10
U.S. on-highway diesel rose to $6.529 a gallon on Sept. 21, up 24.4 cents in a week and setting another nominal record. Falling distillate inventories and tight global supply raise the risk of higher freight costs. If fuel and shipping prices keep inflation elevated, investors may expect the Federal Reserve to hold rates higher for longer, potentially weighing on Bitcoin.
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CryptoSlateOriginal★★☆☆☆2026-09-25 14:00
Gazprom said its gas deliveries to China through the Power of Siberia pipeline exceeded the level recorded in the first half of 2025. The increase came as China’s overall gas imports, especially LNG, declined, which the company said demonstrated strong demand for Russian pipeline gas.
TTASSOriginal★★★☆☆2026-09-25 13:56
Former Moldovan President Igor Dodon says Moldova paid about $330 million more for gas over the past two and a half years after ending its Gazprom ties and buying from the EU at prices roughly 40% higher than the 2021 formula. He says the country failed to secure favorable European pricing, while some contract details remain confidential.
TTASSOriginal★★★☆☆2026-09-25 13:47
Russian Security Council Deputy Secretary Alexey Shevtsov says gas from any other potential supplier would cost Armenia substantially more than Russia’s preferential deliveries. Russia supplied over 2.2 billion cubic meters in 2025, about 83% of Armenia’s total gas imports. Shevtsov says diversification would bring added costs and could mean nearly $1.58 billion in annual overpayment at current European prices.
TTASSOriginal★★★☆☆2026-09-25 13:41
In France’s Oise department, soaring energy prices driven by the war in Iran are hitting rural businesses hard, with heating-oil and diesel bills surging.
EeuronewsOriginal★★☆☆☆2026-09-25 13:03
The EU has strengthened its energy relationship with the US while trying to limit its exposure to geopolitical shocks. But Washington’s proposed diesel-export restrictions highlight how quickly commercial reliance can turn into a strategic vulnerability.
EeuronewsOriginal★★★★☆2026-09-25 12:44
Global equity funds recorded their strongest inflows since early July in the week ending September 25, ending a two-week run of outflows. Renewed enthusiasm for artificial intelligence and lower oil prices outweighed a sharp increase in government bond yields.
RReutersOriginal★★☆☆☆2026-09-25 12:10
Kazakhstan is allowing cryptocurrency miners to generate their own electricity from excess associated gas produced at oil fields. The move aims to curb gas flaring, boost oil output and attract miners back to the country.
EeuronewsOriginal★★☆☆☆2026-09-25 11:54
In less than two years, Bulgaria’s battery storage capacity has risen from zero to nearly a quarter of total installed power capacity, making it one of the world’s most battery-intensive energy markets. EU funding and almost €3 billion in private capital fueled the expansion. The batteries now help stabilize neighboring grids and profit from daily price swings, but the boom’s sustainability and impact on conventional generators remain uncertain.
DDWOriginal★★★☆☆2026-09-25 11:38
Discussion in Washington about a possible diesel export ban is widening the price gap between US crude futures and the global Brent benchmark. Markets appear to expect US refiners to process less crude if they are unable to export the diesel they produce.
RReutersOriginal★★☆☆☆2026-09-25 11:15
Tatneft said its oil production rose 6.7% year on year to 14.32 million tons in the first half of 2026, while gas output increased 6.6% to 469 million cubic meters. It produced 7.98 million tons of petroleum products, down 9.63%, and 518,000 tons of gas products, up 9%.
TTASSOriginal★★☆☆☆2026-09-25 10:59
Kirill Dmitriev, Russia’s special presidential envoy for investment and economic cooperation, said the coming winter could be the European Union’s worst since 2022 and would again expose what he called EU bureaucrats’ “energy suicide” in breaking with Russian energy. EU energy chief Dan Jorgensen had said record-high prices and possible US supply disruptions could make the winter especially difficult.
TTASSOriginal★★★☆☆2026-09-25 10:55
Russian Security Council Deputy Secretary Alexey Shevtsov said Berlin’s politically motivated rejection of Russian gas caused gas prices to rise fivefold over the past five years. He said the result was economic stagnation turning into recession, a sharp industrial decline and fewer jobs.
India is considering requiring power plants to mix imported coal with domestic supplies, three government sources said. It would be the first such move since 2024, aimed at easing a supply crunch that has driven monthly spot power prices to their highest level since 2022.
RReutersOriginal★★★☆☆2026-09-25 10:50
Surging fuel and heating-oil prices are straining businesses and households in rural France, where cars and oil heating are widely relied upon. Bakers and a food-truck owner in northern France say higher energy bills are eating into their earnings and making daily life more difficult.
EeuronewsOriginal★★☆☆☆2026-09-25 09:43
European Energy and Housing Commissioner Dan Jorgensen warned that the EU could face its toughest winter since 2022 as energy prices reach records and US supplies may be disrupted. He urged Donald Trump to keep energy resources flowing freely, while noting that Europe could still endure a harsh winter even if deliveries continue. Diesel prices are near historic highs, and a US export ban could have catastrophic effects on Europe.
TTASSOriginal★★★★☆2026-09-25 08:17
Scott Sheffield, an early architect of the US shale oil boom, said ExxonMobil betrayed him after CEO Darren Woods failed to back him in a dispute with the Federal Trade Commission, despite promising to do so.
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Bloomberg NewsOriginal★★☆☆☆2026-09-25 08:00
More than half of the EU’s electricity now comes from renewable sources, but substantial differences remain among member states, raising questions about whether Europe’s renewable-energy expansion is losing momentum.
EeuronewsOriginal★★☆☆☆2026-09-25 07:00
European governments are responding to record petrol and diesel prices by cutting fuel taxes, offering subsidies and changing energy rules. France, Germany and Spain are expanding assistance, while the EU also faces the risk of possible US limits on diesel exports.
EeuronewsOriginal★★★★☆2026-09-25 06:51
Nigerian billionaire Aliko Dangote, Ethiopia and Djibouti have agreed to develop a $660m petroleum pipeline and storage project. The 120km link from Damerjog port to Dewele, alongside about 400 million litres of storage, is expected to operate within 18 months. It should cut fuel deliveries to Addis Ababa from five days to one, strengthen Ethiopia’s energy security and bring more jobs and port activity to Djibouti.
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BBC NewsOriginal★★★★☆2026-09-25 06:48
Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil originating inside the Strait of Hormuz have reached capacity, trade sources and analysts say. The pressure follows Saudi Arabia’s shift of exports from the Red Sea, alongside cargoes from other producers.
RReutersOriginal★★★★☆2026-09-25 06:05
Germany has released a roadmap to transition away from fossil fuels by 2045, as Europe’s largest economy seeks to make itself less vulnerable to shocks in global energy markets.
BBloomberg NewsOriginal★★★★☆2026-09-25 06:00
Scott Sheffield has sharp words for Exxon, the oil major that acquired his Pioneer Natural Resources in 2024.
F
Financial TimesOriginal★★☆☆☆2026-09-25 04:00
The bloc’s energy commissioner warns that Europe is already facing its worst winter for energy prices since 2022, while Brussels urges Donald Trump to preserve the “free flow” of diesel.
FFinancial TimesOriginal★★★☆☆2026-09-25 04:00
Gold prices edged higher on Friday but were headed for a weekly decline as a firmer dollar and rising expectations that the Federal Reserve will keep rates high to curb inflation pressured the metal.
RReutersOriginal★★☆☆☆2026-09-25 03:20
A possible U.S. ban on diesel exports would sharply lower domestic fuel prices at first, but executives, traders and analysts say the impact would probably be short-lived.
BBloomberg NewsOriginal★★★☆☆2026-09-25 03:13
U.S. President Donald Trump says he is considering banning diesel exports to improve fuel prices for Americans. Experts warn that restricting exports from an already strained global market would instead drive diesel prices higher in Canada and elsewhere.
With UK pump prices approaching record highs, Reform’s Robert Jenrick has contacted the Trump administration as Burnham faces pressure to lobby Donald Trump over the US diesel export ban.
Iranian President Masoud Pezeshkian told Fox News that Iran has no desire to acquire a nuclear warhead. He said Supreme Leader Ali Khamenei had repeatedly declared weapons of mass destruction religiously forbidden, and reaffirmed Iran’s readiness to comply with the Nuclear Non-Proliferation Treaty.
TTASSOriginal★★★★☆2026-09-25 03:03
Iranian President Masoud Pezeshkian said Tehran is ready to reach agreements with the United States under international law and would negotiate with any legitimate U.S. government. He said Iran does not want war but will defend itself resolutely, adding that ending the conflict depends on whether Washington chooses to do so.
Oil prices fell Friday after a report said U.S. and Iranian negotiators were discussing a phased agreement to end the standoff in the Persian Gulf, prompting optimism that the Iran conflict could be resolved diplomatically.
Iranian President Masoud Pezeshkian denied that Tehran seeks a nuclear bomb and said Iran would consider reducing uranium enrichment and accepting international verification. He blamed Washington for the nearly seven-month Middle East war and the collapse of diplomacy, while insisting Tehran remains ready for an agreement and will resist U.S. military and economic pressure.
Iran’s president said Tehran wants an agreement with the United States rather than war, adding that America must decide whether it wants to bring the war to an end.
Iranian President Masoud Pezeshkian answered questions from journalists at a New York hotel on Thursday while Iran was at war with the United States. He insisted that Iran was not trying to kill Trump.
Iranian President Masoud Pezeshkian says Tehran wants the United States to return to the memorandum of understanding by early November.
Iranian President Masoud Pezeshkian told Fox News that Washington must decide whether to end its war in Iran, saying Tehran does not want to keep fighting. At the UN on Wednesday, he took a defiant stance and said Iran would not “bend at the knee” to Washington.
Iranian President Masoud Pezeshkian said the United States would decide when the war in Iran ends. He was responding to a question about whether the conflict could be over by the end of the year.
At least a dozen Chinese banks plan to wind down leveraged precious-metals trading for retail investors, who use margin to speculate on gold and silver contracts without owning the metal. Sources at two banks, including ICBC, said the Shanghai Gold Exchange mandated the latest withdrawals amid sharp swings in international gold prices.
S
South China Morning PostOriginal★★★☆☆2026-09-25 03:00
Asian shares held steady on Friday despite a relentless bond selloff that drove longer-dated U.S. yields to two-decade highs. The jump in yields is raising borrowing costs worldwide and putting elevated equity valuations at risk.
RReutersOriginal★★★★☆2026-09-25 02:50
China’s electric-vehicle makers and battery manufacturers are negotiating over which side should bear a consumption tax that Beijing is restoring on lithium-ion batteries and related products. The levy returned at 2% on September 1 after an 11-year exemption and is due to be fully restored in a year, as weak domestic demand adds pressure to carmakers.
SSouth China Morning PostOriginal★★☆☆☆2026-09-25 00:00
Jing Qian of the Asia Society-Center for China Analysis explains how Chinese investment could support U.S. manufacturing, affordable energy and AI data centers.
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CGTNOriginal★★☆☆☆2026-09-24 23:43
Vitol bought at least 25 million barrels of Iraqi crude in September, according to two sources. The world’s largest oil trader is using its global shipping and logistics network to help Iraq export oil stranded by the US-Iran war.
RReutersOriginal★★★☆☆2026-09-24 20:35
The U.S. derivatives regulator is continuing to develop guidance that welcomes tokenization and blockchain recordkeeping as standard elements of the commodities industry.
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CoinDeskOriginal★★★☆☆2026-09-24 20:04
Aliko Dangote, described as Africa’s richest person, and Ethiopian Investment Holdings will invest $660 million in a petroleum-products pipeline linking Ethiopia to Djibouti’s coast.
BBloomberg NewsOriginal★★★☆☆2026-09-24 19:30
Insurance for oil tankers loading at Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, deepening the major crude producer’s difficulty in finding a viable route for its exports.
RReutersOriginal★★★★☆2026-09-24 18:40
Donald Trump gave Xi Jinping an unusually deferential White House welcome, including a red carpet and a rare trip to greet him at the plane. The article contrasts that treatment with Trump’s ban on CNN, MS NOW and Politico reporters, arguing that the spectacle suggested an aspiration to make the US more like China.
TThe GuardianOriginal★★★★☆2026-09-24 18:30
Donald Trump and Xi Jinping discussed trade tensions, technology and artificial intelligence risks at the White House, while both leaders stressed the potential for broader cooperation. Xi’s trip is the first visit by a Chinese president to Washington in more than a decade.
U.S. President Donald Trump said his White House talks with Chinese leader Xi Jinping went very well. After the meeting, the two leaders appeared on the South Lawn, where Trump described it as a great meeting.
During his visit to the United States, Chinese President Xi Jinping expressed hope that Washington would oppose Taiwan’s independence, Xinhua reported. He also said the United States should exercise caution on the Taiwan issue.
Chinese President Xi Jinping begins a highly anticipated state visit to the United States, with thorny issues dominating talks. Xi says the two countries shoulder a “historic responsibility.”
Donald Trump and Xi Jinping met in Washington as the United States and China extended their trade truce. Analysts disagree over whether the move is mainly political theatre or a useful interim step, but rivalry over AI, rare-earth metals, Taiwan and sanctions remains unresolved, making the pause fragile.
At a White House arrival ceremony, Xi Jinping said he was ready to work with Donald Trump to maintain friendship, expand cooperation and keep China-U.S. relations on a steady path. He called for communication, peaceful coexistence, bounded competition and stronger cooperation on AI, law enforcement, counternarcotics and travel, while urging regular military dialogue and crisis-prevention mechanisms.
Chinese President Xi Jinping said China will send giant pandas Ping Ping and Fu Shuang to Zoo Atlanta as a symbol of friendship between the Chinese and American peoples. He announced their planned arrival at the White House before talks with US President Donald Trump.
At the White House, Xi Jinping called for candid, in-depth and continued dialogue to deepen cooperation between China and the United States. Trump said decisions from talks on security, technology and “superintelligence” could shape global stability for decades.
Technology CEOs were given prominent seats at the state dinner during the US-China summit, the latest example of business leaders gaining a place at the diplomatic table.
At the White House, Xi Jinping urged extensive cooperation and regular military dialogue with Washington to prevent the “Thucydides trap” and steer the US-China relationship away from conflict. He also invited 100,000 young Americans to visit China for student exchanges amid intense rivalry over AI and trade.
President Donald Trump praised the “truly great friendship” he says he has developed with Xi Jinping as the Chinese leader began his highly anticipated state visit.
Donald Trump welcomed Chinese President Xi Jinping to the White House for a high-profile summit focused on US-China relations. It marks Xi’s first visit to Washington in more than a decade, as both countries seek stability despite deep strategic and economic differences.
Henrietta Levin of the Center for Strategic and International Studies warns that President Trump’s highly personalized approach to Xi Jinping could give Beijing opportunities to exploit. Xi sees the United States instead as an adversary to be managed while China pursues domestic priorities and strategic goals in Asia, including Taiwan.
Donald Trump says he shares a “truly great friendship” with Chinese President Xi Jinping as they enter a high-stakes summit in Washington. A judge has also ordered the White House to restore access for CNN, MS NOW and Politico, while senators prepare to question the FDA nominee.
US President Donald Trump welcomed Chinese leader Xi Jinping to the White House for talks intended to keep relations between the world’s two largest economies on track amid tensions over artificial intelligence and trade.
Donald Trump welcomed Xi Jinping at the White House for a high-stakes state visit. The leaders are scheduled to spend Thursday in meetings and attend a state dinner.
US President Donald Trump said he does not expect his summit with Chinese President Xi Jinping to produce any moves toward putting guardrails around artificial intelligence.
U.S. President Donald Trump said artificial intelligence will be a major topic when he meets Chinese President Xi Jinping on Thursday, while adding that both leaders want to keep things as they are.
US President Donald Trump will welcome Chinese leader Xi Jinping at the White House on Thursday for a day of elaborate ceremony. Trump greeted Xi personally on the tarmac after his arrival Wednesday, marking the first such welcome by a US president at Joint Base Andrews near Washington in more than six decades. The gesture has angered members of both parties.
US President Donald Trump is giving Chinese President Xi Jinping a lavish welcome ahead of their Thursday summit in Washington. But could Xi be overconfident in believing that the future belongs to Beijing? FRANCE 24’s Yinka Oyetade discusses the question with Rex Li of King’s College London.
Donald Trump and Xi Jinping agreed to extend a trade truce until early 2027. Tensions over rare earths, technology restrictions and Taiwan remain, but neither leader is ready to disrupt relations between the world’s two largest economies.
The Trump-Xi summit is reducing the geopolitical discount attached to China’s dollar credit and reviving appetite for overseas risk, Bloomberg Intelligence says.
Xi Jinping’s first visit to the White House in more than a decade takes place as the United States and China remain at odds over trade, artificial intelligence and Taiwan, with the war in Iran also shaping the talks.
US President Donald Trump welcomed Chinese President Xi Jinping to Washington on Wednesday for a three-day visit. Xi’s first US trip in nearly three years will test ties strained by tensions over trade, technology, Taiwan and Tehran. Major breakthroughs were not expected, though Washington and Beijing could extend their 11-month trade truce.
President Donald Trump welcomed Chinese President Xi Jinping with a literal red carpet at Joint Base Andrews on Wednesday. NBC said the honor has not been extended to another world leader, apart from a pope, in six decades. The administration is also promoting a two-month extension of the U.S.-China trade truce that was due to expire in November.
Wall Street futures fell on Thursday as the Middle East conflict showed little sign of resolution. Investors were also cautious ahead of the closely watched summit between Donald Trump and Xi Jinping.
Donald Trump was caught off guard by the sound of a fighter jet during the military ceremony as he welcomed Chinese President Xi Jinping for a state visit on the tarmac of an airport near Washington. The noise prompted a series of startled expressions from the US president.
The United States and China extend their trade truce as Donald Trump meets Chinese President Xi Jinping.
Donald Trump welcomed Chinese President Xi Jinping at Joint Base Andrews, marking Trump’s first trip there to receive a foreign leader. The two are expected to discuss Taiwan, artificial intelligence, trade and Iran.
U.S. and Japanese government and company officials met two weeks before Donald Trump’s summit with Chinese President Xi Jinping to discuss supply bottlenecks affecting access to yttrium from China, according to a document seen by Reuters. The rare earth metal is vital to aerospace and chipmaking.
Xi Jinping arrived in Washington for a state visit, where Donald Trump personally met him at the airport amid a guard of honor, a 21-gun salute and a flypast. Scholars say the gesture was both an effort to do business with China and a way for Trump to show Americans his ability to manage major-power relations. The extension of the trade-war truce adds to the visit’s significance.
Soybeans, sorghum and other US farm products are expected to feature prominently at this week’s summit between President Donald Trump and Chinese President Xi Jinping. Rare-earths trade and artificial intelligence are also points of contention.
Beijing plans to use its edge in critical materials as leverage in talks with Washington.
US President Donald Trump is hosting Chinese President Xi Jinping at the White House on Thursday for a lavish state summit expected to emphasize symbolism more than substance. Both leaders want to project stable ties despite deep rivalry. Trump greeted Xi at Joint Base Andrews on Wednesday evening, the first such welcome there by a US president in 11 years.
China confirmed that its first artificial-intelligence discussions with the United States have taken place, just hours before President Xi Jinping was scheduled to begin talks with U.S. President Donald Trump. The announcement hinted that the trade truce could be extended.
The United States is expected to remain dependent on China for rare earths well into the 2030s, despite rapidly expanding its own mining and processing capacity. That stark imbalance will confront Donald Trump as he meets Chinese President Xi Jinping on Thursday.
Xi Jinping arrived in Maryland for a US state visit, where Donald Trump greeted him at a ceremony featuring flags, military honours and a flyover.
Chinese President Xi Jinping and his wife, Peng Liyuan, arrived in the United States for a state visit and stepped out of the aircraft at Joint Base Andrews, where Trump greeted them at the airport.
US President Donald Trump and Chinese President Xi Jinping are expected to discuss trade, artificial intelligence and the Iran war at their third in-person meeting in a year. Taiwan, tariffs, prisoners and an extended trade truce are also likely to feature, with the two sides expected to issue separate statements afterward.
Experts say Donald Trump and Xi Jinping’s summit is more likely to focus on rebuilding trust and preserving a trade truce than producing major agreements. Trade, AI safety and security will be discussed, but tariffs, critical-mineral supplies, chip restrictions and wider distrust could limit concrete results.
U.S. President Donald Trump is welcoming Chinese President Xi Jinping to the White House on Thursday for a lavish state summit expected to emphasize symbolism over substance. Both leaders want to project stable ties despite their deep underlying rivalry.
Xi Jinping arrived in Washington for his first state visit to the United States in 11 years, receiving a personal welcome from Donald Trump. Peng Liyuan, Cai Qi and Wang Yi accompanied him, while Melania Trump helped plan the visit. The summit is expected to cover AI competition, Taiwan, tariffs and Iran, but the lavish welcome has drawn Republican criticism and exposed divisions over China policy.
As world leaders convene at the United Nations for their annual diplomatic ritual, the two most powerful figures in global politics, Donald Trump and Xi Jinping, are set to meet separately at the White House on Thursday.
Taiwan’s government thanked the United States on Thursday for its support and said it was maintaining communications ahead of a Washington summit between President Donald Trump and Chinese leader Xi Jinping.
Treasury Secretary Scott Bessent said the United States and China had agreed to extend their trade truce by two months. Xi Jinping arrived in the US for his first state visit in 11 years and received a rare welcome from Donald Trump.
Donald Trump welcomed Xi Jinping at Joint Base Andrews with a red carpet, military flyover and marching band as the Chinese leader began a three-day Washington summit. Treasury Secretary Scott Bessent said the US and China had agreed to extend their trade truce until January, while talks are expected to cover trade, AI, the Iran war and Taiwan.
Igor Yushkov of the Financial University and National Energy Security Fund said setting the budget’s base oil price at $50 per barrel shows Russia’s Finance Ministry is factoring in a scenario in which the Strait of Hormuz is open. The deliberately low price is intended to reduce the risk of unexpected deficits and in-year budget revisions.
TTASSOriginal★★★☆☆2026-09-24 18:26
JPMorgan analysts said bitcoin’s sustained move above their estimated $85,000 production cost could reduce selling pressure from miners.
TThe BlockOriginal★★☆☆☆2026-09-24 18:22
Soaring gas prices are prompting European utilities to turn back to coal, with analysts forecasting a 25% rise in coal-fired generation over the next six months as gas-fired output falls by a similar amount.
RReutersOriginal★★★★☆2026-09-24 17:25
About 80 countries on Thursday called for the Strait of Hormuz to be urgently reopened and condemned Iran and its Houthi allies over attacks in the region that have disrupted international trade and energy security.
RReutersOriginal★★★★☆2026-09-24 17:15
At the United Nations, 80 countries called for the Strait of Hormuz to be reopened and condemned attacks by Iran and the Houthis. Gulf Arab states and major Western powers were among those backing the statement.
Chinese President Xi Jinping said Thursday that he hopes the United States and Iran will return quickly to dialogue and negotiations. During talks with Donald Trump at the White House, Xi said China supports their return to the Islamabad Memorandum of Understanding and hopes they will eventually reach a comprehensive agreement on the nuclear issue and other matters.
U.S. and Iranian negotiators meeting in New York are exploring a phased route out of the war, according to sources close to the talks. The proposed steps would see Tehran reopen the Strait of Hormuz while Washington lifts its economic blockade of Iran.
Global natural gas prices are continuing to rise in 2026 because of the Strait of Hormuz closure, damage to key LNG infrastructure in the Middle East and a global drought, according to Russia’s Economic Development Ministry. Prices are forecast to drop about 40% from 2025 levels by 2029 as LNG production expands and Persian Gulf supplies resume.
Copper is becoming a strategic resource as power grids, electric vehicles and the new energy sector require more of the metal, political scientist Ilya Grashchenkov said. But production cannot be expanded quickly, and record prices signal strong demand rather than guaranteeing years of growth because copper remains tied to industry and construction.
TTASSOriginal★★☆☆☆2026-09-24 16:46
Rapidly rising global copper demand could help Russia increase export revenue and draw investment into domestic mining and metallurgy projects, mining expert Pavel Gamov said. Russia supplies about 4% of the world’s refined copper, but sanctions, higher logistics costs and banking difficulties continue to weigh on suppliers.
TTASSOriginal★★★☆☆2026-09-24 16:26
Russia’s Economic Development Ministry forecasts oil and condensate production at 494.2 million metric tons in 2026, down 3.36% from 2025 and 3.3% below its previous estimate. Under the baseline scenario, output is expected to recover to 500 million tons in 2027 and 505 million tons in 2028 and 2029. The conservative scenario foresees further declines.
TTASSOriginal★★★☆☆2026-09-24 16:22
Russia’s Economic Development Ministry expects oil product exports to drop 21.7% from 2025 to 98.5 million metric tons in 2026. Under its baseline forecast, exports would rise to 113.1 million tons in 2027 and 134 million in 2028 before declining to 130 million in 2029.
Russia’s Economic Development Ministry forecasts the country’s 2026 grain and legume harvest at about 141.8 million metric tons and vegetable output at 14 million tons. Citing unfavorable weather in some regions, it expects overall agricultural production to reach 98.8% of the 2025 level. Grain and legume output is projected to rise to 165 million tons by 2029.
TTASSOriginal★★★☆☆2026-09-24 16:21
Russia’s Economic Development Ministry lowered its baseline 2026 gas production forecast by 0.8% to 683.1 billion cubic meters, while raising the pipeline export outlook by 1.7% to 117.5 billion cubic meters. The LNG export forecast was cut to 35 million metric tons, and the ministry also revised projections for output, exports and prices through 2029.
TTASSOriginal★★★☆☆2026-09-24 16:20
Saudi Arabia is increasing crude flows through its East-West Pipeline to Yanbu, its Red Sea export hub, but crude tanker loadings have not resumed, according to industry sources, satellite imagery and shipping data.
RReutersOriginal★★★★☆2026-09-24 15:50
Nigeria and the United States signed a new mining framework on the sidelines of the UN General Assembly, covering geological data, exploration, mineral development and processing, infrastructure and technical capacity. Nigeria says it wants more local refining, jobs and value from resources including lithium, gold and iron ore.
DDWOriginal★★★☆☆2026-09-24 15:46
Russia’s Economic Development Ministry raised its year-end inflation forecast to 6.8% and lifted its 2026 GDP growth estimate to 0.6%. It projects real household income growth of 0.8% in 2026 and 1.5% in 2027, while Brent crude is forecast at $73 per barrel in 2027 and $66 by 2029.
TTASSOriginal★★★☆☆2026-09-24 15:45
Russia’s Economic Development Ministry forecasts Brent crude at $73 per barrel in 2027, declining to $66 by 2029, Minister Maxim Reshetnikov said. Urals crude is projected at $53 in 2027 and $51 in 2029, with the ministry describing its external assumptions as conservative.
Finance Minister Anton Siluanov said Russia’s federal budget non-oil and gas deficit will fall to 5% of GDP in 2027-2029, its lowest level since 2008. Non-oil and gas revenues are expected to remain above 80% of total revenue. Draft-budget priorities include social commitments, defense and security, support for special military operation participants and their families, and technology and infrastructure development.
TTASSOriginal★★★☆☆2026-09-24 14:54
The EU has urged Donald Trump not to block US diesel exports, warning that disruption would hurt both Europe and the US. Trump is reportedly considering a 90-day ban to ease high prices for American households before the midterm elections. Experts say Europe could face sharply higher fuel costs because US diesel accounts for a large share of its imports.
TThe GuardianOriginal★★★★☆2026-09-24 14:46
Austria and four other Central European countries are calling for greater flexibility in the EU carbon market. They warn that the high cost of decarbonisation could push investment and production abroad.
EeuronewsOriginal★★★★☆2026-09-24 14:28
Major businesses have jointly warned Donald Trump against banning diesel exports. AAA data showed the national average diesel price reached $6.51 per gallon on Thursday, nearly $3 higher than at the same time last year.
C
CNBCOriginal★★★☆☆2026-09-24 14:23
Key U.S. Treasury yields surged to fresh two-decade highs on Thursday as oil prices returned to $105 per barrel.
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NBC NewsOriginal★★★☆☆2026-09-24 13:59
Countries are rushing to respond to a diesel shock as prices surge and a possible US ban looms. A sign in the Philippines indicates diesel is out of stock.
TTRT WorldOriginal★★★☆☆2026-09-24 13:51
Türkiye is increasingly serving as an important alternative channel for Iraqi oil exports to overseas markets.
TTRT WorldOriginal★★☆☆☆2026-09-24 13:38
Fuel transport workers in Tunis have begun a 48-hour strike seeking better conditions, higher wages, unpaid allowances agreed in 2019 and settlement of social security dues. The action has sent residents rushing to petrol stations and intensified anger over worsening public services, rising prices, outages and medicine shortages amid a broader economic crisis.
AAl JazeeraOriginal★★★☆☆2026-09-24 12:54
Gazprom says construction of the Belogorsk–Khabarovsk gas pipeline is more than 90% complete. The project will link the Power of Siberia with the Sakhalin–Khabarovsk–Vladivostok pipeline, to which a service connection has already been made.
TTASSOriginal★★☆☆☆2026-09-24 12:44
Serbian oil and gas company NIS has asked the U.S. Treasury’s Office of Foreign Assets Control for a special license allowing it to continue operating after its current license expires on September 30. NIS said uninterrupted operations, the Pancevo refinery and reliable market supplies are vital to Serbia’s energy stability. Its Russian owners have been pushed to sell assets after U.S. sanctions.
TTASSOriginal★★★☆☆2026-09-24 12:29
Brussels has rejected a US proposal to limit diesel exports, warning that it could harm both sides. The White House maintains that it is seeking targeted restrictions rather than a complete ban.
EeuronewsOriginal★★★★☆2026-09-24 12:23
The Energy Department is set to announce nearly $2 billion in spending aimed at extracting more electricity from the nation's aging and stressed power grid.
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ABC NewsOriginal★★★☆☆2026-09-24 12:10
Pressure on major energy routes from the Strait of Hormuz to the Red and Black seas is testing the global market’s resilience. The Middle East conflict has undermined assumptions about reliable passage through Hormuz, while shipping and infrastructure shortages add to the strain. Shuttle tankers are keeping oil moving at much higher cost, leaving fuel markets tight and economic effects spreading.
AAl JazeeraOriginal★★★★☆2026-09-24 11:17
Making electricity cheap is confounding policymakers worldwide, especially in the US and Europe. Iceland, Norway and China are among the countries that have managed it, raising questions about how others can follow and how responsibility should be divided between government and technology.
BBloomberg NewsOriginal★★☆☆☆2026-09-24 10:30
China will raise retail gasoline and diesel prices after global oil prices gained, but will limit the size of the increases for a second time to cushion the effect on its domestic market, the National Development and Reform Commission said Thursday.
RReutersOriginal★★★☆☆2026-09-24 10:00
The US Export-Import Bank is offering up to $6 billion in financing for Argentina’s signature natural gas project, giving another boost from the Trump administration as President Javier Milei seeks foreign investment.
BBloomberg NewsOriginal★★★☆☆2026-09-24 09:00
Brent crude futures for November 2026 delivery rose above $106 per barrel on London’s ICE for the first time since September 17. By 11:14 a.m. Moscow time, Brent was up 2.96% at $106.13, while WTI futures gained 2.43% to $94.4.
TTASSOriginal★★☆☆☆2026-09-24 08:31
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
