Low Chinese Demand for Foreign Oil Keeping Prices Low

Published on June 18, 2026

One of the key questions for investment professionals is whether oil prices will return to pre-war levels once the Middle East crisis is resolved. At the same time, many are asking why oil prices are not higher, especially since the latest geopolitical deal recently pushed crude to its lowest level since the initial attack.

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US Department of Labor awards $1M to support Northern Mariana Islands residents affected by Super Typhoon Sinlaku

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WASHINGTON – The U.S. Department of Labor today announced the award of $1 million in grant funding to support disaster-relief jobs and employment and training services for residents of the Northern Mariana Islands in response to the severe impacts of Super Typhoon Sinlaku. Beginning April 11 and continuing through April 18, 2026, Super Typhoon Sinlaku, a Category 5 storm, caused widespread devasta