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Finance & Markets

Why Bloom Energy Stock Crashed This Week

Key PointsBloom Energy announced some great news for data center builders this week.

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China’s Teapots Look Beyond Iranian Oil amid U.S. Blockade

China’s refiners have imported lower volumes of Iranian crude in August compared to July as the U.S. blockade reinstated in mid-July is squeezing crude supply to Iran’s top oil customer.

  • China's oil imports from Iran drop 35% in August
  • U.S. blockade forces Chinese refineries to seek alternatives
  • Russian and fuel oil options explored by Chinese "teapots"

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