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No respite for Asian commodity markets from geopolitical risk | Hellenic Shipping News Worldwide

No respite for Asian commodity markets from geopolitical risk
Asian commodity markets are under no illusion that geopolitical risks will fade in the post-Trump era in 2021 but there is some optimism that it could be less unpredictable than waking up to prices moving on a single overnight tweet.
US-China tensions are unlikely to ease but could become less confrontational and transactional, transforming into a more systematic rivalry over issues ranging from human rights, technology, and in what could be the defining theme from 2021 dominance of the new clean energy economy.
For resources companies, this could mean lesser volatility and trade flow disruptions from impromptu trade wars; but at the same time strategizing for a more structural long-term competitive landscape between Washington and Beijing. ....

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Politically fractured Iraq's fiscal struggles strain its OPEC commitment | Hellenic Shipping News Worldwide

Politically fractured Iraq's fiscal struggles strain its OPEC commitment | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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