The New Critical-Minerals Race: Can the West Reduce Its Dependence on China?
The US and Europe are investing billions to reduce their dependence on Chinese critical minerals. Can new mines, processing and recycling close the gap?
FINANCEMARKETS.INFO
The US and Europe are investing billions to reduce their dependence on Chinese critical minerals. Can new mines, processing and recycling close the gap?
Nearly 15 million barrels of oil per day have disappeared from normal trade routes. Here is what the Hormuz crisis means for oil, inflation and European stocks.
Oil stabilised near $84, gold held close to a seven-week high and copper advanced on August 10, while iron ore declined and wheat prices rose.
Oil held near $80 on August 6, 2026, as traders monitored Hormuz negotiations, while gold reached a seven-week high and copper remained supported by AI and electrification demand.
Gold jumped more than 4% above $4,200 as bond yields and the dollar fell. We examine central banks, Middle East risks, ETFs and miners.
The US dollar remained close to a six-week low on Wednesday, while gold reached a one-month high and oil prices extended their sharp retreat. […]