Trump's oil card: How embargoes against Russia and Iran could further roil oil prices Image source, Getty Images image caption: According to US reports, 80% of Iran's approximately 1.5 million barrels of oil exports per day go to China, and much of it is shipped to Shandong Port. Article information Author, Jeremy Howell Role, BBC reporter The United States has been tightening sanctions on Russia and Iran, targeting their most lucrative export: oil. Washington is targeting their "shadow fleet" of tankers, which are hard-to-track tankers used by Russia and Iran to illegally transport oil. The sanctions are also cutting oil supplies to China, a major buyer of Russian and Iranian oil, creating global shortages and triggering a surge in prices in recent weeks. Donald Trump may impose new, tougher sanctions on Russian and Iranian oil, which could further push up prices. How much oil are Russia and Iran exporting, and who is buying it? Russia keeps its oil export data sec...
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Trump urges OPEC countries to lower oil prices together, hoping to end the Russia-Ukraine war Image source, EPA Article information Author, Vishala Sri-Pathma, Oliver Smith Role, BBC reporter U.S. President Donald Trump said he would ask Saudi Arabia and other OPEC nations to "lower the price of oil" and reiterated his threat to use tariffs. Trump told executives of multinational corporations via video at the World Economic Forum in Davos on Thursday (January 23) that he was "surprised" that the Organization of the Petroleum Exporting Countries (OPEC) had failed to lower oil prices before the election. “The current oil prices are high enough that this war will continue,” he said, referring to the Russia-Ukraine war and suggesting that high oil prices help maintain financial support for Moscow’s conflict. He added: “You have to get oil prices down so that you can end that war.” Trump's comments on oil prices came after he spoke by phone on Wednesday with Saudi ...
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Five years after Wuhan’s lockdown: the lost truth and the collective trauma of the “epidemic generation” Image source, Feature China/Future Publishing via Getty Images image caption: Wuhan has a population of 11 million and is known as the "crossroads of nine provinces" and the "Chicago of the East." An epidemic has isolated this thousand-year-old city for 76 days. Article information Author, Ye Jingsi Role, BBC Chinese reporter Five years have passed, and Wuhan has long since returned to its bustling status quo, but the memory of the 76-day lockdown is still deeply buried in the hearts of residents. "Many sequelae, or 'secondary disasters' caused by the epidemic have not yet been taken seriously, which makes me feel very powerless," recalled Wuhan social worker Guo Jing. In December 2019, "unknown pneumonia" appeared in Wuhan and spread rapidly, and was later named 2019 novel coronavirus disease (COVID-19) by the World Health Organi...