MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

The world’s two biggest economies agreed to a 90-day pause on most of their levies after a first round of trade talks in ...

China’s Commerce Ministry said the two sides agreed to cancel 91% in tariffs on each other’s goods and suspend another 24% in ...

President Donald Trump’s shock-and-awe tariff approach threatened to rupture global financial system and drive the US economy into recession. Nervous about the prospect of empty store shelves and ...

The Trump administration and China have agreed to slash tariffs for the next 90 days in a push to deescalate a trade war between the two countries.

Stocks rallied Monday after Chinese and US officials made “substantial progress” at trade talks in Geneva and slashed their ...

The U.S. agreed to drop its 145% tariff rate on Chinese goods to 30%, while China agreed to lower its rate on U.S. goods to ...

The U.S. economy has experienced whiplash from President Donald Trump’s back-and-forth tariff threats with China, Canada, ...

The United States and China on Monday took a step to defuse the trade war threatening the world's two largest economies, agreeing to temporarily reduce the punishing tariffs they have imposed on each ...

While Gulf nations have adhered to conservative practices as part of their official state policies, today, the picture is changing as some nations rebrand themselves for the global stage.