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China Tightens Rare-Earth Grip on U.S. Firms, Threatening Trade Clash

The move targets two U.S. manufacturers at the center of the Trump administration’s effort to rebuild the domestic supply chain for critical magnets.

Β© Steve Marcus/Reuters

MP Materials’ open-pit rare-earth mine in Mountain Pass, Calif., in 2020.
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While the World Scrambles for Oil, China Sits on Full Tanks

The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.

Β© Hector Retamal/Agence France-Presse β€” Getty Images

An oil refinery in Nanjing, in China’s eastern Jiangsu province, last month. Chinese companies kept their refineries running throughout the war.
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U.S. Will Waive Oil Sanctions That Have Long Crimped Iran

The preliminary U.S.-Iran deal temporarily waives restrictions that have limited the country’s oil sales and how much money it has been able to make from those exports.

Β© Atta Kenare/Agence France-Presse β€” Getty Images

An oil facility on Kharg Island, Iran, in 2017.
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The Iran War is Forcing Energy-Importing Countries to Turn Inward

The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.

Β© Jes Aznar for The New York Times

The president of Solaric, a rooftop-solar installer based near Manila, said people were now seeing the technology as β€œa way to survive this new age.”
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