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Saudi Arabia Restarts Crude Oil Shipments at Ras Tanura Port

Saudi Arabia Restarts Crude Oil Shipments at Ras Tanura Port

Saudi Arabia Resumes Crude Oil Loading at Ras Tanura On Friday, Saudi Arabia’s national oil company, Aramco, began loading crude oil at the significant Ras Tanura terminal. This move is interpreted as a reassuring sign that shipping activity from the Persian Gulf can continue, especially in light of a recent attack by Iran on a […]

Ron Johnson: We Should Prevent Oil Shipments to China if They Support Iran

"I Want to Examine" the Need for $200 Billion in Iran Funding by the Department of War

Sen. Ron Johnson’s Comments on Iran and China On Sunday, Sen. Ron Johnson (R-Wis.) shared his views on ABC’s “This Week,” suggesting that if the United States backs Iran in its current military efforts, it should consider stopping oil supplies to China. A summary of the conversation follows: MARTHA RADDATZ: We have the situation where […]

Shipments from China to US midsize companies fall by 20%, according to JPMorgan Chase.

Shipments from China to US midsize companies fall by 20%, according to JPMorgan Chase.

Payments from mid-sized U.S. companies to China saw a notable decline last year, according to recent findings. This drop is linked to the tariffs imposed on imports during the Trump administration. A study by the JPMorgan Chase Research Institute, released on Thursday, indicated that these companies reduced their payments to China by around 20% from […]

Reduced Cocoa Shipments to Ivory Coast Ports Raise Cocoa Prices

Reduced Cocoa Shipments to Ivory Coast Ports Raise Cocoa Prices

Cocoa Prices Surge Amid Supply Concerns Cocoa prices experienced a notable rise on Monday, with ICE NY Cocoa closing at +206 (+3.51%) and March ICE London Cocoa #7 ending at +109 (+2.57%). This uptick can largely be attributed to dwindling cocoa supplies from Ivory Coast, the world’s leading cocoa producer. Recent statistics indicate that farmers […]

Apple will top smartphone shipments in 2025 for the first time since 2011.

Apple will top smartphone shipments in 2025 for the first time since 2011.

Apple Poised to Overtake Samsung in Smartphone Market According to a new report by Counterpoint Research, Apple is projected to reclaim its position as the largest smartphone maker in the world by 2025, surpassing Samsung in shipments for the first time in over ten years. Global smartphone shipments are anticipated to rise by 3.3% year-on-year […]

China’s total exports increase despite a sharp decline in shipments to the US

China's total exports increase despite a sharp decline in shipments to the US

China’s exports to the US saw a substantial rise of 33% in August, largely driven by new markets as the European Union and other partners joined in. This shift resulted in an overall export growth of 4.4%, particularly as China sought alternatives amidst President Trump’s attempts to sidestep tariffs. Even though this marked the slowest […]