Geopolitics

Iran sanctions and tariffs shadow G20 finance talks in Asheville - Euronews.com

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DW NOTE

The G20 finance ministers meet in Asheville while the Strait of Hormuz sits effectively closed and third-quarter oil supply is down 1.7 million barrels per day. If they needed a clearer test case for whether multilateral institutions can coordinate anything beyond communiqués, they have one — and the crude price suggests markets have already issued their verdict on the outcome.

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Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

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Iran sanctions and tariffs shadow G20 finance talks in Asheville - Euronews.com

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Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

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