The U.S. Senate advances a bipartisan sanctions bill empowering the President to impose steep tariffs on Russia, impacting energy trade and corporate risk strategies.
The EU has cut its duty-free steel import quota by 47%, imposing a 50% tariff on excess imports to protect domestic producers amid global overcapacity concerns.
The US Treasury has ended its temporary waiver on sanctions for Russian oil shipments, prompting strategic reassessments among energy sector executives and boards.
Donald Trump reveals China’s renewed interest in buying U.S. oil and soybeans, hinting at shifting trade dynamics and potential influence on Iran amid recent talks with Xi Jinping.