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Asia crude slate shifts lighter as Middle East losses deepen

Asia crude slate shifts lighter as Middle East losses deepen

Even if the Strait of Hormuz were to reopen immediately — as President Trump has urged — the damage to the global oil market is already entrenched. Some changes will not simply snap back once the conflict ends. One of the most significant is Asia’s refining feedstock...

Korean shipbuilders at center of US-China rivalry

Korean shipbuilders at center of US-China rivalry

Competition has intensified between the United States and China to strengthen cooperation with Korea’s shipbuilding sector, as the world’s two largest economies vie for maritime supremacy. Amid Washington’s push to revive American shipyards with Korean investments and...

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