Trump lands in Beijing with Musk and Huang for Xi Jinping meeting
Goldman Sachs predicts the summit will focus on tariffs and semiconductor export controls rather than a broad reset of bilateral ties.
Latest Geopolitics
Oil prices climb as Trump declares US-Iran ceasefire on life support
Donald Trump rejected Tehran's latest response to a U.S. proposal, stating that the potential ceasefire between the two nations is on massive life support.
Oil prices drop despite three-week Strait of Hormuz blockade
The Strait of Hormuz remains closed for a third week as a double-blockade by the U.S. and Iran shifts the energy focus from price shocks to physical fuel shortages.
Trump launches Project Freedom to extract cargo ships from Strait of Hormuz
President Trump launched Project Freedom to extract neutral civilian cargo ships currently trapped in the Strait of Hormuz by the U.S.-Iran conflict.
State Control Is Replacing Resource Markets
Markets no longer clear energy and minerals cleanly, because states now control the bottlenecks that set inflation, industrial capacity, and defense readiness.
Resource Bottlenecks Are Now State Leverage
The U.S. hit 13.2 million barrels per day of crude output in 2024, but it remains dependent on imports for 15 vital commodities.
Resource Bottlenecks Are Now State Power
China controls most refining of lithium, cobalt, graphite and rare earths, giving Beijing leverage over battery metals and hardware supply chains.
Iran war hits global economy as factory costs rise
Reuters counted 26 companies that withdrew or cut guidance as the Iran war pushed up fuel bills, tightened supply chains and slowed deliveries.
Ceasefire deadline: Trump threatens fresh strikes on Iran
Trump's ceasefire deadline and Iran's leverage over the Strait of Hormuz are driving oil prices higher as the IMF warns of a possible global recession.
Germany lowers 2026 growth forecast to 0.5% amid higher energy costs
Germany’s economy ministry cut its 2026 growth forecast to 0.5% as higher oil and gas prices lifted inflation expectations.
