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In "Watershed Moment" China Orders Companies To Defy US Sanctions
In "Watershed Moment" China Orders Companies To Defy US Sanctions
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.
Refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other privately-owned processors - had been facing asset freezes and transaction bans. Hengli was the most ambitious target to date in China’s refining sector, and...
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Apr 20, 2026 / Tyler Durden
These Are The Top Trade Partners Of Every European Country
These Are The Top Trade Partners Of Every European Country
Germany sits at the center of Europe’s trade network, but it is not the only global force shaping the continent’s economy.
This map, via Visual Capitalist's Gabriel Cohen, highlights the top trading partner of each European country based on International Monetary Fund data for Q1-Q3 2025.
Europe’s nearly $30 trillion economy is diverse and spans sectors such as energy, manufacturing, and agriculture, yet nearly half of all European countries rely on the same major trading partner for their imports and exports.
Germany: The Center of Europe
Germany is...
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Jul 16, 2026 / Kyle Anzalone
Iran Vows ‘Decisive’ and ‘Crushing’ Response to US Strikes
Top officials said that the Iranian military would have a “decisive” response to US strikes. The ceasefire between the US and Iran broke down last week, and fighting has rapidly escalated. Iran’s top negotiator, Mohammed Bagher Ghalibaf, explained that the military now has “complete freedom of action.” He added that Tehran is planning “a decisive […]
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Mar 30, 2026 / Kyle Anzalone
Spain Closes Airspace to US Warplanes Involved in Attacks on Iran
The Spanish Defense Minister blasted the US and Israeli war against Iran as “profoundly” illegal and unjust. She explained that Madrid would not allow Washington to use its airspace for operations against Iran. “We don’t authorise either the use of military bases or the use of airspace for actions related to the war in Iran,” […]
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