Matt Britzman, senior equity analyst, Hargreaves Lansdown:
“The White House has finally seen some sense and given a whole host of countries a 90 day pause, with reciprocal tariffs immediately lowered to 10%, while isolating China in a tense battle. Was this Trump...
Oil prices plunged nearly 8% on Friday to the lowest level since 2021, while copper, soybeans and other commodities also fell as China retaliated against U.S. President Donald Trump’s aggressive tariffs.
https://gcaptain.com/commodities-collapse-china-tariffs-send-oil-soybeans-and-copper-tumbling/
Oil traders looking to book ships that call at US ports are trying to avoid Chinese-built vessels, after President Donald Trump proposed hefty fees on them in a bid to revive American shipbuilding.
https://gcaptain.com/oil-traders-shun-china-made-ships-for-us-flows-on-trump-levies/
Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month — possible sign of slowing logistics for the sensitive trade to China.
https://gcaptain.com/iran-oil-filled-tankers-build-up-off-malaysia-as-sanctions-mount/
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and Saudi Arabia to bring down prices.
https://gcaptain.com/tankers-opec-to-proceed-with-planned-april-oil-output-hike/
President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the “maximum pressure” campaign his administration had pledged, according to shippers and analysts.
https://gcaptain.com/trumps-first-iran-sanctions-hit-three-ships-in-china-trade/
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped, according to traders and shipping data.
https://gcaptain.com/russia-oil-trade-to-china-india-stalls-as-sanctions-drive-up-shipping-costs/
By Grant Smith and Salma El Wardany Jan 24, 2025 (Bloomberg) –US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his…
https://gcaptain.com/trumps-return-to-opec-politics-muddies-oil-talks-next-month/
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
https://gcaptain.com/russian-oil-freight-rates-soar-on-sanctions-driven-tanker-shortage/
Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been crippled by sweeping US sanctions.
https://gcaptain.com/oil-tankers-reroute-to-russian-pacific-port-hobbled-by-sanctions/