China is looking for ways to resolve the US-China trade dispute, the Commerce Minister of China said on Thursday, expressing the hope that the parties will come to an agreement during the negotiations currently taking place in Washington.
Oil prices soar after U.S. quits Iran nuclear deal
The Asian refineries are looking for ways to replace Iranian oil, since the U.S. withdrawal from the nuclear agreement with Iran will mean new sanctions and a significant reduction in Iran’s presence in the oil market.
Oil Fell as Investors Await Trump’s Decision on the Iran Nuclear Deal
Oil prices gave up some of Monday’s gains after rising to a three-and-a-half-year peak, as investors are preparing for Trump’s decision on a nuclear deal with Iran, which could cause a sharp reduction of supply in the oil market.