Russia Signals It Will Keep Sending Oil to Cuba Despite U.S. Pressure

Russia has been supplying crude oil to Cuba repeatedly over the past few years and supplies will continue, the Russian ambassador to Havana, Viktor Koronelli, told state news agency RIA…

Canada Drops 2035 Gasoline Car Ban

The government of Mark Carney will remove a 2035 internal combustion engine car ban and instead boost incentives for electric vehicle purchases, media are reporting ahead of the formal announcement…

Russia Shrugs Off India’s Oil Deal With Trump

Russia sees no danger for its oil exports from the trade deal that the U.S. president sealed with his Indian counterpart earlier this week. Per the deal, Washington will cut…

Phillips 66 Beats Estimates as Refining Margins Rebound From 2024 Lows

Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has exceeded Wall Street estimates for the fourth quarter as U.S. refining margins posted a strong rebound from 2024 lows. Phillips posted Q4 EPS…

Germany, France, and Italy Lead EU Push to Curb Reliance on China’s Minerals

The European Union’s biggest economies – Germany, France, and Italy – will lead the bloc’s efforts to build stockpiles of critical minerals to reduce dependence on China, sources familiar with…