European Natural Gas Prices Climb Despite Trade Wars ...Middle East

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European Natural Gas Prices Climb Despite Trade Wars
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Chinese Tariff on US Crude Imports to Force Exporters to Look Elsewhere - The Trump Administration’s 10% blanket sanctions on China and Beijing’s retaliatory 10% tariff on US crude imports have failed to trigger any meaningful upside movement in oil prices, but it will most probably mark the end of US crude exports to the Chinese market. - In 2024, Chinese refiners imported some 180,000 b/d of US crude, accounting for less than 5% of US oil and a mere third of what imports were in 2020 as worsening US-Chinese ties led to Beijing buying…

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