In June 2023, Saudi Arabia became the largest importer of Russian fuel oil and gas oil following the EU’s embargo, according to Baltimore Chronicle.
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In June 2023, Saudi Arabia became the largest importer of Russian fuel oil and gas oil following the EU’s embargo, according to Baltimore Chronicle.
In April 2025, the U.S. trade deficit shrank to a two-year low due to a record drop in goods imports.
The U.S. economy shrank by 0.3% in Q1 2025 due to new Trump tariffs, raising fears of recession and global slowdown.
Britain is ramping up weapons production to reduce reliance on imports from the U.S. and France, boosting its defence industry and export potential.
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