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Analysis: Vietnam shifts gears on arms trade as it loosens ties with Russia

Analysis: Vietnam shifts gears on arms trade as it loosens ties with Russia

Vietnam to hold first large-scale arms fair this week The country’s nascent military industry plans to export for the first time He seeks faster diversification of Russian military supplies HANOI, Dec 7 (Reuters) – Vietnam is considering a major defense shift as it seeks to reduce its dependence on Russian weapons and launch a drive …

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Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

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