Minhajur Rahman Albi

Oil prices rise on US attack on Houthis and China economic hopes

oil

Oil prices have surged following a combination of geopolitical tensions in the Middle East and renewed optimism about China’s economic recovery. The global crude market, which has been under pressure due to fluctuating demand and supply constraints, reacted sharply to these recent developments.

Iranian Oil Quandary in Chinese Ports

Iranian Oil Quandary in Chinese Ports

Iranian struggles to recover 25 million barrels of oil, valued at $1.75 billion, stuck in Chinese ports due to U.S. sanctions and logistical challenges.