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Feature -- Iran Sanctions: Global Energy Implications

May 08, 2018
US President Donald Trump's plan to leave the Iran nuclear deal and reimpose sanctions could have major impacts for global oil, natural gas, metals and petrochemical markets.
Factbox: Energy, metals impact of Trump's decision to reimpose Iran sanctions
Also in this feature
Analysis: An Iranian exodus could open more doors for US crudes in Europe
Analysis: An Iranian exodus could open more doors for US crudes in Europe
The potential reduction of Iranian crude into the European market as result of renewed sanctions will likely benefit US crude exporters, which have enjoyed an increasingly large share of that market, an S&P Global Platts analysis showed May 8.



News Headlines

Singapore (Platts)--17 Jun 2018 648 am EDT/1048 GMT
The trade war between the US and China escalated on Saturday with China threatening an additional 25% tariff on $50 billion worth of US goods, including energy and agricultural products, in response to President Donald Trump's decision to place similar tariffs on the same annual value of Chinese product imports.
Singapore (Platts)--17 Jun 2018 632 am EDT/1032 GMT
The trade war between the US and China escalated on Saturday with China threatening an additional 25% tariff on $50 billion worth of US goods, including energy and agricultural products, in response to President Donald Trump's decision to place similar tariffs on the same annual value of Chinese product imports. Among the $50 billion worth of US goods, the additional tariff on a total $34 billion worth of US agricultural products, cars and marine products are due to come into effect on July 6, according to an announcement by the Customs Tariff Commission of the State Council. Additional duties on the remaining $16 billion of US goods, including crude oil, LPG, gasoline, naphtha, fuel oil and natural gas, will be announced at a later date. But LNG, demand for which is rising in China, was not on the list. The latest tariff threat between the two biggest economies comes less than a month after Beijing and Washington on May 19 inked an agreement to put the brakes on their trade dispute after China agreed to buy more US goods, key among them being LNG and crude oil. US tariffs and China's retaliatory rhetoric have emerged as a big risk for commodity demand and prices in 2018, alongside a slowdown in the Chinese economy and geopolitical uncertainty. In this Factbox, S&P Global Platts takes a look at the existing energy and agricultural trade between the two nations and the impact of the tariff threat. CRUDE OIL **Crude oil is expected to see the biggest impact as Chinese buyers, both state-owned and private, have been ramping up US crude imports given competitive pricing and improving logistics. **China's crude oil imports are exempt from tariffs currently. **China has been the largest Asian buyer of US crude.
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Podcasts

April 25, 2018
S&P Global Platts editors Catherine Wood, Sergio Alvarado and Josh Pedrick discuss the implications of the US-China trade conflict on the agriculture and biofuels markets.
April 12, 2018
S&P Global Platts biofuels reporters Josh Pedrick and Wes Swift take a look at US President Donald Trump’s comments Thursday in support of an RVP waiver for E15.
All Podcasts


The Barrel Blog

April 20, 2018
A decade has passed since the 2008 dry bulk freight rates began a long downturn which coincided with the Financial Crisis and culminated with a historic low in January 2016.
April 11, 2018
With President Donald Trump imposing tariffs on aluminum and steel imports last month, his taking a tougher stand on trade overall, and the US general economy growing at a healthy clip, several key commodity prices were considerably stronger on average through the end of March, compared with on January 19, 2017, the day before his inauguration.
March 07, 2018
From the legendary Pittsburgh steelworker to the things he may own -- blue jeans, bourbon and Harley-Davidson motorcycles -- President Donald Trump’s trade policy and the reaction to it have been both ironic and iconic.
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Sugar methodology

Published March 2016

The Sugar guide contains the primary specifications and methodologies for Platts sugar assessments throughout the world. The various components of this guide are designed to give Platts subscribers as much information as possible about a wide range of methodology and specification issues.


Sugar methodology



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