As the US-Iran conflict entered its 199th day, Middle East diplomatic efforts appeared to stall with the postponement of a meeting between Iran and other Gulf states. Concurrently, attacks near the region’s two primary oil transit routes intensified concerns regarding global energy supply security. The widening of the Middle East conflict into Yemen and drone strikes on a critical Saudi …
Continue ReadingIf you want an insight into the state of the world right now, it’s worth taking a look at yttrium. This obscure member of the rare earths family is going to be high on the agenda when China‘s President Xi Jinping meets with US President Donald Trump later this month in Washington. The US needs yttrium and China is the …
Continue ReadingUBS advises investors to choose gold over platinum due to the growing surplus of the latter on the global market. Demand for platinum is weakening, which is putting pressure on its price. UBS strategist Giovanni Staunovo told the bank’s clients that, heading into the fourth quarter, gold looks more attractive than platinum. According to his assessment, the platinum market has …
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