The latest update on Faltering China Oil Demand from Asia Sentinel shows that the country’s oil consumption has been declining due to a combination of economic slowdown, reduced industrial activity, and ongoing trade tensions. This decrease in demand has led to a surplus of oil in the market, putting pressure on global oil prices. Analysts are closely monitoring China’s oil consumption patterns and economic indicators to assess the impact on the overall energy market.
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UN General Assembly overwhelmingly demands immediate Gaza ceasefire
Israel accuses UNRWA staff of involvement in a Hamas attack, leading to a war in Gaza. UN has fired nine staff members and confirmed Hamas commander had an UNRWA job. Amid destruction in Gaza, with millions facing hunger and death, calls for ceasefire and humanitarian aid intensify. Full Article
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