War and China The U.S. and Israeli attacks on Iran also involve China, tangentially if not directly. Iran has been supplying about 13.4 percent of China’s oil imports, roughly 1 million barrels per day. The attacks follow the U.S. removal of Venezuela’s leader, a country that is a smaller supplier of oil to China but still important. Beijing has called the attacks unacceptable, reckless, destabilizing, and has demanded restraint. But thus far it has only used words. Oil is fungible. Supplies from Russia and other Middle East countries will likely increase, but they will come at a higher price. President Trump says he may provide military security for shipping through the Strait of Hormuz, through which a fifth of traded oi...
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From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.