An Energy Trade War Is Brewing

Politics, Geopolitics & Conflict - Trump is adding China’s national offshore oil and gas producer, CNOOC, to the U.S. defense blacklist, launching a salvo that looks a lot like a brewing energy war at a time when American investors are - for the first time - looking to add more China shares to their portfolio for post-COVID recovery. It’s a mess for the incoming administration to deal with, but for now, stick to the non-energy China stocks to boost your portfolio. - Turkey has withdrawn its oil and gas exploration vessel from the…