China’s largest oil supplier, Russia, has been overtaken by Saudi Arabia. Beijing is trying to profit from the crisis by buying cheaper supplies.

China’s largest oil supplier, Russia, has been overtaken by Saudi Arabia. Beijing is trying to profit from the crisis by buying cheaper supplies.
If the Kremlin cuts off gas supplies to Europe, electricity could be reduced.
The Russian gas flow to Europe via Ukraine dropped by 25% on Wednesday, after Kyiv stopped using a major transit route. This was the first time that exports via Ukraine
On Tuesday, Ukraine announced that it would suspend gas flow through the transit point. It claimed the transit point delivers nearly a third of the fuel from Russia to Europe
According to the Finance Ministry, Russia is experiencing its worst economic crisis in nearly three decades.
Gazprom Germania, a Russian energy trading, storage, and transmission company, was abandoned by Gazprom Russia on Friday. It will now be transferred to Germany’s regulator in order to ensure energy
Top iron ore shipper Australia predicts elevated prices will stay for the rest of 2020 as Chinese demand strengthens and supply is slow to increase.
BEIJING (Reuters) – China’s unwrought copper imports in June fell 27.2% from a year earlier, official data showed on Friday, as a slowdown in the world’s second-biggest economy continues to
The United States has banned imports of a range of rare earth materials from Russia, China, Iran, and North Korea that can be used in military applications, the US Defense