The U.S. Development Finance Corporation has approved up to $414 million in financing for a high-grade uranium project in Niger, a strategic move to secure critical mineral access two years after the West African nation expelled American troops.
The United States has sanctioned 11 Cuban entities, targeting the nation's state-run nickel reserves and military enterprises. The U.S. government stated the measures are aimed at a system it says enriches the country's elite.
A large plume of smoke was spotted near Riyadh's main airport Saturday after authorities issued overnight warnings of an aerial attack, signaling an escalation in conflict with Yemen's Houthi rebels that poses risks to regional stability and oil infrastructure.
Crude oil prices retreated on Thursday, pushing the global Brent benchmark into negative territory for the week, as signs of an imminent restart for a key Saudi pipeline and potential U.S.-Iran diplomacy eased concerns over supply disruptions.
Renewed cross-border strikes between Saudi Arabia and Iran-backed Houthi rebels are fueling concerns over global oil supply stability, as the conflict threatens critical maritime routes and keeps crude prices above $100 a barrel.
Canada's international trade minister expressed optimism that a comprehensive economic partnership with India could be concluded by the end of the year, with key discussions focused on energy, nuclear power, and critical minerals.
Oil futures settled lower on Thursday, with Brent crude below $105, as reports of increased Saudi supply to Asia and pipeline repairs overshadowed ongoing geopolitical risks in the Middle East.
Copper futures are facing a significant technical test at the 61.8% Fibonacci retracement level around $6.70, with overbought signals and fading volume creating uncertainty after a recent V-shaped recovery.
Silver is testing the critical $68.00 resistance level, but technical indicators show weakening momentum and fading volume, raising the risk of a potential 'bull trap' for traders.
