Energy

Beijing Tightens Rare Earth Flow Ahead Of Washington Summit With Trump

Chinese President Xi Jinping and President Donald Trump are scheduled to meet in Washington on Thursday. UBS analysts quoted chief China economist Yu Song as saying the meeting between the leaders of the two global superpowers is largely about strategic stability and modest progress on tariffs, rare

Source: OilPrice.com

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DW NOTE

Beijing has weaponised rare earths in every previous trade dispute and lost leverage each time — the U.S. now sources 74% of its supply from Malaysia and Australia, up from 63% in 2018. This is theatre before negotiations, not a constraint on American industry.

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Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins

Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.

Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000 - Bloomberg.com

Gold retreats on stronger dollar; traders brace for Fed - Kitco

India Rejects Claims of U.S. Pressure Over Russian Oil Purchases

The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

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Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins

Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000 - Bloomberg.com

Gold retreats on stronger dollar; traders brace for Fed - Kitco

India Rejects Claims of U.S. Pressure Over Russian Oil Purchases