unilateral sanctions – Charm

Trade of Venezuelan oil to China stalls after new Trump order

Cs news3 months ago06 mins

By Chen Aizhu and Siyi Liu SINGAPORE (Reuters) – Trade of Venezuelan oil to top buyer China stalled on Tuesday after U.S. President Donald Trump’s order threatening tariffs on countries buying from Caracas created fresh uncertainty, days after U.S. sanctions targeting China’s imports from Iran. Trump’s order, which caught traders and refiners in China by…

New US sanctions to slow but not stop China’s Iranian oil imports, traders say

Cs news4 months ago06 mins

By Chen Aizhu and Florence Tan SINGAPORE (Reuters) – Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing. Washington on Thursday imposed new…