Scott Bessent, the US Treasury Secretary, told lawmakers this week that Iran now has just one remaining customer for its crude oil: China. During testimony before the Senate Banking Committee, Bess…
Singapore has sent formal condolences to Timor-Leste following the death of former president and independence leader Xanana Gusmão, who helped forge the foundations of the Southeast Asian nation's …
China has quietly built enough strategic oil reserves to cover nearly three months of imports, creating a buffer that leaves Western nations exposed as tensions in the Persian Gulf threaten to disr…
China is buying less crude oil from global markets, yet the world's second-largest economy continues to exert outsized influence over international energy pricing. The paradox matters for investors…
India's Finance Minister Nirmala Sitharaman warned on Tuesday that escalating uncertainty in West Asia combined with rising costs for oil and gold imports are putting severe pressure on the Rupee, …
Stock markets across Asia rallied sharply on Wednesday after a major Gulf cooperation deal sent shockwaves through regional trading floors. The agreement, reached between Gulf state producers, trig…
