Asia's imports of US crude surge, but can't offset Hormuz losses

A surge of U.S. crude oil is arriving in Asia, but the record volumes are nowhere near enough to offset the loss of cargoes from the effective closure of the Strait of Hormuz.

Asia markets mostly end lower as U.S. reportedly intercepts Iranian oil tankers, rattling fragile ceasefire optimism

Asian equities retreated after reports of U.S. tanker interceptions raised doubts over the durability of an Iran ceasefire.
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Squawk Box Asia

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Foreign Affairs

But U.S.-Chinese Bipolarity Is Good for America and the Region

Debates about the balance of power in Asia typically rely on one of three views. Some analysts believe, fatalistically, that China has become an unassailably dominant force in the region. Others place ...