For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.
The move targets two U.S. manufacturers at the center of the Trump administrationβs effort to rebuild the domestic supply chain for critical magnets.
The preliminary U.S.-Iran deal temporarily waives restrictions that have limited the countryβs oil sales and how much money it has been able to make from those exports.
The president of Solaric, a rooftop-solar installer based near Manila, said people were now seeing the technology as βa way to survive this new age.β