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Gasoline prices are rising sharply, with projections hitting $5 and possibly $6.20 per gallon as supply tightens and inflation persists.
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The EU meeting in Brussels did not reach a consensus on new sanctions, including an oil embargo on Russia, due to Hungary's objections.
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Shanghai's full recovery from COVID-19 starts June 1. Export rates show signs of rebound amid improving conditions.
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The U.S. State Department initiates a program to capture evidence of Russian war crimes in Ukraine, ensuring accountability for atrocities.
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The Biden administration's new license allows Chevron to negotiate with Venezuela, signaling a shift in U.S. policy amid ongoing opposition talks.
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Guangxi Baise-1 limestone mine auctioned for 1.11 billion yuan, highlighting significant premium and future production plans.
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Airbus addresses titanium supply risks due to Russia sanctions, aims for A320 production boost by 2025.
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Шанхай намечает поэтапное возвращение к нормальной жизни с 1 июня после длительной изоляции, влияющей на экономику и глобальные цепочки поставок.
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Jeff Bezos accuses Biden of misdirection on inflation and taxes, sparking a war of words over corporate taxation and economic policy.
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BASF secures a 25-year renewable energy deal for its Zhanjiang base, marking a milestone in China's green energy market.
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Tianzhou-4 cargo ship successfully launched, opening China's Space Station with innovative coatings from Shanghai Institute of Siliconate.
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President Biden meets Southeast Asian leaders to unite against China while addressing trade and climate issues.
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Shanghai starts reopening shopping malls and salons as COVID lockdown eases, while Beijing battles ongoing outbreaks amidst strict measures.
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Despite expected growth, construction material prices remain volatile and high in 2022 due to ongoing global issues.
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Oil prices fell sharply as the EU softens sanctions on Russian crude, signaling complex market dynamics and ongoing supply concerns.
