Amid intensifying trade tensions with the U.S., China has cut its crude oil imports from Washington by 90%, turning instead to Canada as a key supplier. Bloomberg reports record shipments from Canada's Pacific coast, powered by the Trans Mountain Expansion pipeline. China’s strategic shift aims to diversify energy sources away from American, Russian, and Middle Eastern dependence. This marks a major realignment in global oil trade, with implications for U.S. exports and geopolitical leverage. Meanwhile, Russia and Saudi Arabia remain China's top oil partners, but Canada's role is growing fast.
#ChinaOil #USChinaTradeWar #CanadianOil #CrudeOilImports #EnergyShift #ChinaCanada #TradeTensions #OilPolitics #ChinaNews #OilCrisis #BloombergReport #TransMountain #MiddleEastOil #RussianOil #USExports #OilTrade #PetroPolitics #ChinaEconomy #GlobalEnergy #SupplyShift
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Tamil Nadu Chief Minister MK Stalin has urged Prime Minister Narendra Modi to intervene with Saudi Arabia following the sudden cancellation of the Private Haj.. IndiaTimes
Thousands of Muslim pilgrims face disappointment as 42,000 applicants are unable to perform Haj this year, prompting calls for PM Modi's intervention. The.. IndiaTimes
Former President Donald Trump has officially ordered urgent tariff negotiations with India, Japan, and South Korea — a bold move signaling a massive shift in U.S. economic strategy. Acting South Korean President Han Duck-soo confirmed the directive following a direct call with Trump. With U.S. tariffs paused and strategic talks kicking off, the Indo-Pacific economic balance is on edge. Will this be the start of a new trade war or the formation of a stronger alliance against China’s growing influence?
#TrumpNews #TariffTalks #IndiaUSRelations #TradeWar #IndoPacific #Geopolitics #BreakingNews #USIndia #Trump2025 #GlobalEconomy #SouthKorea #Japan #TrumpReturns #AmericaFirst #EconomicWar
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As global stock markets reel from a historic downturn—fueled by U.S. tariffs and heightened recession fears—Saudi Arabia stands out as an unexpected outlier. On Monday, the Tadawul All Share Index (TASI) climbed 0.67%, closing at 11,191.20, up from 11,077.19 a day earlier. The gain comes despite a worldwide stock sell-off triggered by economic uncertainty. The positive momentum in Saudi markets is being linked to Saudi Aramco’s strategic decision to slash oil prices by $2.30 per barrel, boosting investor confidence and projecting increased global demand for Saudi crude.
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