United States imports almost no oil through the Hormo Strait and won't be taking any in the future. We don't need it. We haven't needed it and we don't need. ...

Despite China’s own crude production, it relies on oil imports for about 13-14% of its energy needs, over half of which come from the Middle East. Much of this is now stuck https://t.co/Ct7TidVK5f ...

Trump needs China or thinks he needs China because China has immense resources and can help with unblocking in his mind unblocking the straight of Hormuz uh and chiefly because he thinks China shares America's and the world's interest in ending this war quickly because China gets vastly more oil from the Gulf than um most other countries including United States which is basically a surplus oil producing country and Therefore, it's in China's interests to help unblock this waterway. He is right to the extent ...

The U.S. campaign to block Cuba’s oil imports is deepening a humanitarian crisis on the island, the United Nations said, as Mexico and other countries shipped food and emergency supplies. https://t.co/jKAWlG2Tv8 ...

Cuba is facing a new low in its energy crisis. No oil import at all for the first time in more than a decade. For years, Cuba depended on oil shipments from abroad.First Venezuela, then Mexico to keep its economy running. Now, both are gone. Venezuela shipments ceased after a US military operation captured its president.And Mexico says oil shipments are on hold given Trump's threat to impose tariffs on any goods from countries that sell or provide oil to Cuba. That's a major blow for an island that relies h ...

Cuba logged its first month without oil imports in a decade after Mexico halted all oil shipments to the fuel-starved country@ivanabargues has the latest https://t.co/QipEMjv4jq https://t.co/eHyF0OphCQ ...

Mexico’s decision to halt all oil shipments to Cuba has delivered a fresh blow to the fuel-starved country, with the island logging its first month without oil imports in a decade https://t.co/IhFvDMXBpv ...

Indian officials said they expect oil imports from Russia will drop to 800,000 barrels a day this month, after they tightened checks to ensure compliance with Western curbs https://t.co/5J9zwYkD3Z ...

India's largest conglomerate stops Russian oil imports amid global pressure https://t.co/2gxG2Hx0Ku ...

Trade Relations & Geopolitics - India's absence from the Asian summit in Kuala Lumpur suggests stalled trade deal progress with the US [2] - Oil imports from Russia are a major obstacle in finalizing a trade deal between the US and India [2][5] - The US imposing a 50% tariff on India is putting considerable pressure on India's economy [4] - Balancing relations with Russia (a major oil supplier) and the US is a delicate act for India [6] Investment & Market Performance - Investors are becoming more selective about investments in India due to cooling tensions between the US and India [3] - While India's market is up year-to-date, it's trailing behind the rebound of China, Japan and Argentina [4] - UBS's CIO of emerging markets is more bullish on Chinese tech due to the tariff pressures on India [4] Oil Market Dynamics - India has increased imports of discounted Russian oil following the Russia-Ukraine conflict [3] - The Trump administration's tariffs on Russian oil are forcing India to reduce purchases faster than initially planned [3] - Russia has been a significant oil supplier to India for years [6]