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In Russia’s War on Ukraine, China and India Emerge as Financiers

As Russia tries to break the stranglehold of sanctions, China and India are emerging as Moscow’s pivotal financiers by purchasing large amounts of Russian crude, putting themselves in the middle […]




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To Pressure Taiwan, China is Now Targeting its Grouper Exports

FANGLIAO, Taiwan — Lin Chun-lai bought his grouper farm in southern Taiwan about a decade ago with an eye on mainland China’s growing appetite for live fish. In just a […]




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Companies Brace for Impact of New Forced Labor Law

WASHINGTON — A sweeping new law aimed at cracking down on Chinese forced labor could have significant — and unanticipated — ramifications for American companies and consumers.The law, which went […]




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Gas Prices in U.S. Hit $5 a Gallon

HOUSTON — Gasoline prices reached a grim milestone on Saturday, as the national average for regular gasoline reached $5 a gallon.Summer gasoline is nearly always more expensive because demand for […]




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Global Growth Will Be Choked Amid Inflation and War, Says World Bank

For large and small nations around the globe, the hope of averting a recession is fading, the World Bank warned on Tuesday.The grinding war in Ukraine, ongoing supply chain chokeholds, […]




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Biden Has ‘Only Bad Options’ for Bringing Down Oil Prices

HOUSTON — When President Biden meets Crown Prince Mohammed bin Salman in Saudi Arabia, he will be following in the footsteps of presidents like Jimmy Carter, who flew to Tehran […]




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Europe’s Russian Oil Ban Could Mean a New World Order for Energy

HOUSTON — The European Union’s embargo on most Russian oil imports could deliver a fresh jolt to the world economy, propelling a realignment of global energy trading that leaves Russia […]




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Seizing Russian Assets to Help Ukraine Sets Off White House Debate

“I think it’s very natural that given the enormous destruction in Ukraine and huge rebuilding costs that they will face, that we will look to Russia to help pay at […]




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Gas Prices Hit New Highs as Summer Driving Season Starts

HOUSTON — With the Russian invasion of Ukraine grinding on, drivers will have to shell out a lot more to fill up their cars as the summer travel season begins […]




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Omens of Decline for Russia’s Once World-Leading Energy Industry

It was to be a hugely ambitious project on the frigid Gulf of Ob, in Russia’s Far North, a steppingstone in Moscow’s rising ambitions to be a power in liquefied […]