Category: Semafor

Category Added in a WPeMatico Campaign

Trump threatens to ‘obliterate’ Iran grid if Hormuz not reopenedTrump threatens to ‘obliterate’ Iran grid if Hormuz not reopened

US stocks dipped and oil prices surged Monday after President Donald Trump escalated his threats against Tehran. Even as Trump hailed “great progress” in talks, he warned that the US would “obliterate” Iran’s oil wells, power plants, and offshore terminal at Kharg Island if Tehran did not reopen the Strait ...

US-China rivalry in DR Congo escalates as Beijing signs new dealUS-China rivalry in DR Congo escalates as Beijing signs new deal

China is doubling down on DR Congo just as Washington tries to up its own bets on one of the world’s most lucrative critical minerals hubs. Kinshasa and Beijing inked a new deal covering geological data sharing, investment protections, and local processing, after the Trump administration struck a minerals-for-security partnership ...

South Africa Sibanye sees limits to EU strategic statusSouth Africa Sibanye sees limits to EU strategic status

The News South African miner Sibanye-Stillwater has warned that the European Union’s “strategic project” label for its $870 million lithium operation falls short of necessary protections to survive global price shocks leaving Europe’s nascent lithium supply chain exposed to aggressive competition from low-cost Chinese refiners. Sibanye, a global top three ...