China renewed expired listings of more than 400 U.S. beef facilities and added new listings, and the country has agreed to work with U.S. regulators to lift all suspensions.
Oil exchanges, as they are called, allow the DOE to loan out oil to companies who later pay back to the oil with extra barrels, which functions like interest on a loan.
The food giant Calbee said shortages of naphtha, a crude-oil derivative used in inks, were forcing it to switch to black-and-white packaging for its salty products.
With President Trump’s visit to Beijing looming, China is pushing Iran to negotiate even as its companies export material that could be used by Iran’s military.
As central banks buy more gold, where to put all that heavy metal is an increasingly important question. Reserves must be secure and ready to trade in a crisis.
Iran has more cards to play to avoid the U.S. blockade halting its oil output — at least for now, analysts say. Why it matters: Oil is Iran's economic lifeblood, and President Trump hopes blocking exports — which eventually causes production to halt — will force concessions. - But Iran has extra storage capacity, and reportedly can get some tankers through the blockade — so it may be able to resist that pressure for a while longer. - The state of Iran's oil infrastructure could sway regime strategy as the Strait of Hormuz stalemate creates political pain for Trump. What they're saying: The country "may not be in imminent danger of a major crude oil shut-in," writes Antoine Halff, chief analyst with the climate and energy data…