China, India curb Russian oil purchases after Trump sanctions Rosneft, Lukoil

China, India curb Russian oil purchases after Trump sanctions Rosneft, Lukoil

China and India are pulling back from buying Russian oil after President Trump sanctioned two of Moscow’s biggest exporters Wednesday. Reuters reported Thursday that Chinese state-run petroleum firms PetroChina, Sinopec, CNOOC and Zhenhua Oil had suspended purchases of seaborne Russian oil after the Treasury Department announced sanctions on Rosneft and Lukoil, citing Moscow’s “lack of serious commitment…

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The stock market is diving on Trump's threat of more China tariffs. Is this a good time to buy?

The stock market is diving on Trump’s threat of more China tariffs. Is this a good time to buy?

President Donald Trump’s latest threat to China on Friday battered the stocks market. Yet, Wall Street is left wondering if his warnings have teeth. Trump said in a Truth Social post that China was holding rare earth resources “captive” and raised the prospect of a “massive” tariff hike after the Asian country expanded export regulations….

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