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Economy

China's Private Refiners Request Production Cuts Amid Economic Pressure.

May 11, 2026 at 6:30 AM

Private oil refiners in China are seeking government permission to lower processing rates due to rising input costs and tighter profit margins caused by geopolitical tensions in the Persian Gulf.

18 sources

Geopolitics

Image Source : rferl.org

Beijing Counter-Directive Instructs Firms to Defy US Sanctions on Oil Refiners.

May 2, 2026 at 2:07 PM

18 sources

United States

US Government Initiates Massive $166 Billion Tariff Refund Process Following Supreme Court Ruling.

Following a Supreme Court decision that invalidated recent sweeping tariffs, the US government has begun the complex logistical process of refunding $166 billion to affected businesses.

April 30, 2026 at 9:45 PM

9 sources

Energy

Image Source : klse.i3investor.com

China Eyes Fuel Export Resumption as Domestic Stockpiles Surge.

April 28, 2026 at 4:00 AM

7 sources

Business•

April 26, 2026 at 9:36 AM

Navigating Tariff Refunds: A Small Business Perspective on Recent Legal Shifts.

Dame Products cofounder Alexandra Fine discusses the challenges of navigating US tariff policies, the impact of surcharges on consumer behavior, and the ongoing process of seeking refunds after recent Supreme Court rulings.

7 sources

Economy

Global Aviation Sector Faces Turbulence as Jet Fuel Crisis Triggers Flight Cancellations.

April 5, 2026 at 9:52 PM

The ongoing conflict involving Iran has severely disrupted global oil supply chains, causing jet fuel prices to surge and creating critical shortages. Major airlines, including United and several European carriers, are responding by cutting routes and cancelling flights.