International

The United States and Ukraine have reached an agreement on jointly developing Ukraine’s mineral resources, including transition metals and rare earth minerals, the Financial Times reported on Wednesday, citing Ukrainian officials and the final version of the agreement it had seen. Talks have apparently progressed since last week’s heightened tensions …

Europe has been importing growing volumes of liquefied natural gas from Russia and should consider replacing these with supply from other sources, including Qatar, according to Fatih Birol, Executive Director of the International Energy Agency (IEA). “Europe has been importing a lot of Russian LNG to help its economies,” Birol …

President Donald Trump wants the Keystone XL pipeline built, he said in a post on his social network Truth Social. “Our Country’s doing really well, and today, I was just thinking, that the company building the Keystone XL Pipeline that was viciously jettisoned by the incompetent Biden Administration should come …

As Ukraine prepares to mark three years since Russia’s full-scale invasion on February 24, leaders in Kyiv are weighing U.S. proposals for access to Ukrainian mineral resources. Speaking on February 23, Ukrainian President Volodymyr Zelenskyy said talks with the United States on the matter were “making progress.” The same day, …

Russia is aiming to transport gas using nuclear-powered submarines. The project involves the creation of a massive 360-meter-long submarine gas carrier, boasting a capacity of around 180,000 tons. The country’s plans to construct these submarines for transporting liquefied natural gas (LNG) were highlighted by Russian President Vladimir Putin at the …

Despite Europe being home to some of the world’s biggest automakers, many of whom have developed several electric vehicle (EV) models, China is quickly becoming the global leader in EV manufacturing. Favourable government policies, easy access to critical minerals and battery technology, and low-cost manufacturing capabilities have spurred the development …

As U.S. President Donald Trump pushes for talks with Russia for an end to the war in Ukraine, the EU on Wednesday agreed on a new package of sanctions against Moscow, including a ban on Russian aluminum imports and the designation of 73 shadow fleet vessels. A day after senior …

Europe’s diesel markets are flashing signs of tightness, with near-term diesel contracts on Tuesday hitting the steepest backwardation–a situation where futures contracts for prompt delivery are more expensive than those further down the curve–since March. Backwardation is often interpreted as a sign of limited supply, with traders now willing to …

European bodies recently criticized U.S. President Donald Trump’s order to introduce tariffs on all steel and aluminum imports entering the country. Meanwhile, experts at home and abroad continue to evaluate how the trade dispute will affect steel prices and aluminum prices. The European Commission, the European Union’s executive arm, recently …

The Group of Seven is considering collectively tightening an oil price cap on Russian petroleum in an effort to cut Moscow’s oil revenues as the war in Ukraine rages on, Bloomberg has revealed. A draft statement seen by Bloomberg shows that these nations could task their finance ministers to collectively …