energy trade
Coverage of energy trade in the Nexus archive.
- US slaps sanctions against Cuban oil and gas company as tensions rise
The U.S. government imposed sanctions on Cuba’s state-owned oil and gas company, Cupet, citing unlawful expropriation of assets and misuse of energy resources. Cuban officials accused the U.S. of punishing the Cuban people through sanctions, as tensions escalate amid ongoing economic and energy crises.
- Why understanding Bitcoin’s role in global trade is more important now than ever.
The article discusses Bitcoin's potential integration into traditional finance, particularly in energy trade, through the 'petrobitcoin' concept. It highlights how decentralized digital assets could address financial challenges and offer security in international transactions, emphasizing the evolving role of digital currencies in a changing economic landscape.
- Why China needs Iran to open the Strait of Hormuz
China's energy and trade interests are affected by Iran's actions at the Strait of Hormuz, a critical global shipping route. The article highlights the strategic importance of the strait for China's energy security and economic stability.
- UN Warns of Food Risks From Fertilizer, Energy Trade Curbs
The UN has issued a warning about potential food risks linked to fertilizer use and energy trade restrictions. A worker is shown inspecting food storage facilities in Uganda's Karamoja region, highlighting concerns about supply chain vulnerabilities.