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Japan’s Oil Import Bill Soars 59% as Trade Deficit Deepens

Japan’s oil import costs surged as high crude prices and supply diversification widened the country’s trade deficit.

Sources (1)· Sep 16, 8:15 AM

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OilPrice· Sep 16, 8:15 AMJapan’s Oil Import Bill Soars 59% as Trade Deficit Deepens

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Georgia election campaigns accelerate ahead of Oct. 13 votingGeorgia candidates for Senate and governor trade personal attacks as the November general election approaches.

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88-Year-Old Maxine Waters Repeatedly Yells Over Treasury Secretary Scott Bessent as He Tries to Answer Question About Inflation (VIDEO)Treasury Secretary Scott Bessent clashed with Democrat Rep Maxine Waters on Tuesday during a hearing on the Trump Administration's AI policies.

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Stock Futures Are Flat as Fed Rate Decision Looms Over MarketStock futures in the U.S. are flat as the market awaits the Federal Reserve’s latest decision regarding interest rates on Sept. 16. Traders have...

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Congress wants to make crypto easier to use and still collect $500 million more in taxesThe full crypto tax package would raise $500 million on net as lawmakers trade payment relief for tougher investor rules.

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Baumgartner calls Trump's stance toward Canada 'needlessly antagonistic' after meeting with Canadian diplomat in SpokaneWASHINGTON – Rep. Michael Baumgartner and Eastern Washington business leaders met with a top Canadian diplomat in Spokane last week, the day after Canada’s counter-tariffs took effect in the escalating trade war prompted by the Trump administration’s sweeping use of import taxes to reshape the U.S. economy.

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Since

Trump: Putin To Release Diesel Into Global Market"Balance of Power" focuses on the intersection of politics and global business. On today's show, Rep. Debbie Wasserman Schultz (D-FL) says President Trump’s deal with Russia to release diesel supplies is a “desperate political move” designed to help Republicans ahead of the midterms and argues he cares more about his party’s political outcome than…

Bloomberg13h agoWhole story →

Planet diesel market intervention

Trump Strikes 'Deal With the Devil' for Russian Diesel as High Prices Hinder GOP in MidtermsDemocrats in Congress and Ukrainian President Volodymyr Zelenskyy on Friday swiftly condemned US President Donald Trump's plan to secure diesel from Russia in hopes of combating fuel prices that have skyrocketed due to his illegal war on Iran. "I have just concluded a highly successful discussion with President Vladimir Putin, of Russia, wherein it was…

Common Dreams12h agoWhole story →

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Zelenskyy furious as Trump announces deal to buy Russian dieselPresident says deal essential to lower US fuel prices but move set to create fresh crisis with Ukraine and Nato allies Donald Trump was on a fresh collision course with the Ukrainian president, Volodymyr Zelenskyy, and European allies on Friday after a stunning agreement to buy Russian diesel, upending years of US and western pressure on the Kremlin to…

The Guardian12h agoWhole story →

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Can wine import reforms rescue California grape growers?Growers say wine import tax refunds hurt local grapes. Wineries say they help exports. California Rep. James Gallagher wants federal regulators to review the rules. Others call on Congress to act.

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Zelensky decries US-Russia diesel deal: 'Gifts to Putin will not bring peace'Ukrainian President Volodymyr Zelensky lambasted President Trump’s Friday deal allowing Russia to supply the U.S. and global market with diesel, arguing the move would give the Kremlin more money to fund its war in Ukraine and undermine peace efforts. “Gifts to Putin will not bring peace or any benefit to the civilized world,” Zelensky wrote...

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