China’s natural gas storage capacity currently equals just 3.3 percent of the country’s demand for the commodity. This needs to change—and fast—if China is to succeed in its shift away from coal and oil to gas and avoid a repeat of the gas crunch that left several million homes without heating and electricity this winter. Source: Oil Price
Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for the company said on Monday. Source: Investing
Within two weeks Russia will complete the delivery to Damascus of an S-300 air defense system previously suspended on a request by Israel as part of response to the downing of a Russian plane amid an Israeli air raid on Syria. Source: RT
A year after winning over 66 percent of French voters, Macron’s support has fallen to just 29 percent, according to a new poll. The president’s policies are now seen by some as favoring big business and the rich. Source: Deutsche Welle
