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  • Oil Price Shock Drives 140% Surge in China's EV Exports to Record High April 10, 2026
    Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs. China exported as many as 349,000 electric vehicles last month, a record high number of any month ever, according to data from the China Passenger Car Association cited by Bloomberg. Drivers in […]
  • Oil Ignores Escalation, Logs Biggest Weekly Drop Since 2025 April 10, 2026
    Despite the ongoing escalation in the Middle East, crude heads for its biggest weekly loss in months. Friday, April 10, 2026 Is there a ceasefire or not? That is the ultimate question asked by the oil markets as the Strait of Hormuz remains open, strikes on energy infrastructure in the Middle East continue unabated (one […]
  • JP Morgan Warns Oil Could Hit $120 if Hormuz Stalemate Drags Into July April 10, 2026
    Oil prices could spike and hit again their peak Iran-war levels at nearly $120 per barrel if a full recovery of vessel traffic through the Strait of Hormuz takes until July, according to JP Morgan. Despite the ceasefire announced earlier this week, traffic through the critical oil chokepoint remains severely restricted and under supervision and […]
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