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The New York TimesWorld
Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.
Al JazeeraWorld
Gulf oil flows surge despite escalating ship attacks in the critical Strait of Hormuz energy corridor.
CNBCBusiness
Nearly 20 commercial ships, mostly tankers, have come under attack over the past month while sailing through the Hormuz chokepoint.
The New York TimesClimate
Energy Secretary Chris Wright, speaking at The New York Times’ annual Climate Forward event, dismissed reports that President Trump was preparing to ban U.S. exports of diesel in a bid to lower energy prices.
The New York TimesBusiness
China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
The New York TimesWorld
The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring key industries in Europe.
The GuardianWorld
High court finding in favour of Hunter Valley community group sets precedent other environmentalists should follow, advocate says A landmark decision in Australia’s first climate change high court case has been described as a clear message to governments and fossil fuel companies that exported greenhouse gas emissions…
Al JazeeraWorld
Iran's oil exports have struggled amid a US blockade. A Russian energy crisis because of Ukrainian attacks could help.
The GuardianWorld
Mood in trade talks said to have changed as EU member states harden demands for protection against Chinese imports EU trade negotiators are heading to China for two days of crunch talks aimed at sealing a breakthrough deal tackling Beijing’s record £1bn-a-day trade surplus by curbing its exports of cheap hybrid…
The New York TimesBusiness
Strikes on tankers in the Strait of Hormuz and oil infrastructure in Saudi Arabia came as the region’s exporters were getting more oil to the world market.
The GuardianBusiness
Departure comes amid large drop in oil receipts, rampant inflation and shrinking economy Iran’s oil minister has resigned days after allegations that an intermediary trust selling Iranian oil abroad owed millions of dollars’ worth of export receipts to the state. Mohsen Paknejad’s departure comes as Iran grapples with…
BBC NewsBusiness
The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
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