Sunday, March 9, 2025
U.S. lifts Iran sanctions on one unit of Chinese shipping giant COSCO

U.S. lifts Iran sanctions on one unit of Chinese shipping giant COSCO

Reuters WASHINGTON – The United States on Friday lifted sanctions on one of two units of the Chinese tanker company COSCO, the U.S. Treasury said, partially reversing its punishment on the company for transporting Iranian oil after China complained about the measure in trade talks with Washington. President Donald Trump’s administration on Sept. 25 blacklisted two units of COSCO, named

2 giants with 2 strategies that aren’t working- oil and gas 360

2 giants with 2 strategies that aren’t working

Houston Chronicle Everyone from environmentalists to investors is beating up on fossil fuels, and American energy giants Exxon Mobil Corp. and Chevron Corp. are taking increasingly diverging approaches as they try to weather the storm. The problem is, neither strategy is working right now. Exxon is using the downturn in oil, gas and chemical prices as an opportunity to unleash