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Washington’s hawks are demanding that President Joe Biden’s administration tighten US sanctions on Iran as punishment for its support of Hamas, the militant group behind the attacks that triggered the current conflict with Israel. Tehran, they argue, has been exporting more oil over recent months than it has in years.…
One of the most pressing challenges for China to meet its commitment to cover carbon emissions and commit to renewable energy this decade is to upgrade its electricity grid, according to some of the world’s largest officials, officials and analysts. Researchers say the biggest emissions by 2030 would become carbon neutral by 2030 and 2060, according to a forecast made by Beijing last year. Analysts say it is easy to build new solar plants and wind farms. Upgrading a system that transmits green energy to remote consumers can be five times more expensive and will depend on rapid technological...
Iranian oil exports to China expected to hit record high in March Iranian crude oil exports to China are surging and expected to hit record highs in March despite the U.S. sanctions on the country’s oil industry. Chinese imports of Iranian crude oil are expected to hit 856,000 barrels a day in March, the most in almost two years and up 129 percent from last month, Bloomberg reported quoting traders and analysts. As reported, Iranian shipments to the province of Shandong, which accounts for a quarter of China’s refining capacity, have surged so much this month they’re causing congestion ...