Southeast Asia Keeps Building Gas Plants Despite Hormuz LNG Shock

Trump Slashes Tractor Tariffs In Bid To Revive Ag Belt Optimism The Trump administration appears to be trying to inject new optimism across the nation's farm belt following the China meeting last month, during which Beijing committed to making billions of dollars of new purchases of U.S. agricultural goods. The White House's latest move is to reduce tariffs on tractors and combines, a policy shift aimed at easing cost pressures on farmers already squeezed by diesel, fertilizer, and machinery costs. Late Monday, President Trump signed a proclamation slashing tariffs on...

Russia Says Fuel Crisis Is Easing As Refineries Restart By Charles Kennedy of OilPrice.com The fuel crisis in Russia has started to ease in recent days as some refineries have restarted operations, Russia’s Deputy Prime Minister Alexander Novak said on Sunday. “The situation is gradually stabilizing, a number of oil refineries became operational again. The balance is better now, and the situation at fuel filling stations has considerably improved, including when it comes to supplying agricultural producers,” Russian news agency Interfax quoted the official as saying. “The situation remains quite tense in some...

Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing Sleep Number Corporation shares crashed after multiple outlets, including The Wall Street Journal and Bloomberg, reported that the mattress and bedding retailer is preparing to file for Chapter 11 bankruptcy. WSJ said that Sleep Number is "expected to use the Chapter 11 process to restructure its balance sheet while continuing operations. The reorganization could also include a potential sale of the business." As of late 2024, Sleep Number had 640 retail stores across the US, with a footprint actively shrinking in...