Brent crude oil prices have surpassed the $80 mark due to escalating Houthi attacks in the Red Sea and concerns over potential disruptions in energy trade.
China is actively exploring the development of infrastructure projects in Kazakhstan and Kyrgyzstan, including port facilities, railway lines, and air routes, to enhance regional connectivity and trade.
Elon Musk has regaled a right-wing summit in Italy with criticism of climate-change “exaggerating” environmentalists, and called on the public to stop “demonizing” fossil fuels.
The latest figures showed that Chinese industrial output for November expanded at the fastest pace in nearly two years, while retail sales rose less than expected, which is a tentatively positive sign for oil demand.