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oil

Cuban Embargo: Current Situation and Future Prospects

Cuba is rapidly running low on oil and is facing a humanitarian crisis as a result of the United States reimposing its Cold War era embargo on the island. This comes as the US claims the Cuban government poses an “unusual and extraordinary threat” and is cooperating with “dangerous adversaries”. So why is the US …

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Trump aims the Tariff howitzer at Russia

The Wire / By The Wire

Having tried negotiating with Vladimir Putin, Trump now appears to be using his favourite weapon of Tariffs on buyers of Russian Oil. Today, India was first threatened with 25% tariff and then it was upped to 50%. This could be very disruptive as many US importers have taken the trouble to move their manufacturing from …

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