Jera Co., Japan’s largest power generation company and liquefied natural gas buyer, sees more opportunities to use the fuel to meet surging electricity demand in nations including current exporters Malaysia and Indonesia.
Energy Secretary Chris Wright said the US is prepared to sell more oil and natural gas to China if Beijing cuts back on purchases from Russia.
Hyundai Motor Co. said US tariffs cost it about 1.8 trillion won ($1.3 billion) in the third quarter, though this week’s trade agreement between Seoul and Washington that lowers import tariffs may offer the automaker some reprieve.
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