Saudi Arabia’s crude shipments to top importer China are set to halve next month as the Middle East war disrupts flows and pushes prices higher, according to traders. The world’s largest exporter is expected to send about 20 million barrels to China

2026-04-13

Saudi Arabia’s crude shipments to top importer China are set to halve next month as the Middle East war disrupts flows and pushes prices higher, according to traders. The world’s largest exporter is expected to send about 20 million barrels to China in May, down from roughly 40 million barrels in April. Saudi Arabia Aramco declined to comment. The cut follows record-high official selling prices after the Iran war effectively closed the Strait of Hormuz, though Red Sea exports via Yanbu cannot fully replace disrupted Gulf routes.

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2026-04-13

Union Bancaire Privée (UBP) is rebuilding its gold exposure after reducing allocations to about 3% from roughly 10% of discretionary client portfolios following a sharp selloff triggered by the Iran war and liquidity-driven liquidation. The Swiss ban

2026-04-13

China’s super-long government bonds climbed on Monday as traders speculated that Beijing may shorten the maturity of its special debt issuance to reduce supply pressure. China 30-year government bond yields fell as much as 3 basis points to 2.28%, ne