oil rig

An oil platform exploded and caught on fire in the Gulf of Mexico, according to preliminary reports on Wednesday.

Rapidly declining oil prices could stop production all together.

China is convinced that it holds a huge edge over the United States in economic ties with neighbors.

Troops, tanks, trucks, artillery, and armored personnel carriers of China’s military were seen heading to the Vietnamese border on May 16 and 17.

Following deadly riots stemming from a territorial dispute in the South China Sea, China has deployed five ships to Vietnam to evacuate its citizens.

Vietnamese prime minister Nguyen Tan Dung is pulling no punches in criticizing China’s new deep-water drilling platform in nearby disputed waters.