Bloomberg Business

China Hits Back at Tsai Trip With Military Drills, Sanctions

China hit back over Taiwan President Tsai Ing-wen’s visits to the US by announcing live-fire military drills in the Taiwan Strait and leveling largely symbolic sanctions on the venue that hosted her in California.

Saudi TV Show Offers Glimpse Into 2020 Oil War With Russia

Saudi Crown Prince Mohammed Bin Salman’s order to flood oil markets three years ago during a dispute with Russia ultimately gave the kingdom confidence to be more assertive in shaping OPEC+’s policies, the energy minister said in a recent TV interview.

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