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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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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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Oil Prices Jump as Middle East Tensions Build

Some analysts said the main international oil price, which was up 6 percent on Monday, could climb much higher in the coming weeks if the Strait of Hormuz doesn’t reopen.

Β© Damian Dovarganes/Associated Press

An oil refinery in Carson, Calif. The possibility of continued fighting has raised concerns about how long the world’s stockpiles of oil and fuels will last if the Strait of Hormuz does not reopen.
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Exxon Is Nearing a Deal to Pump Oil in Venezuela, Marking a Victory for Trump

The U.S. oil giant is negotiating a deal to pump oil in Venezuela, ending a standoff with its socialist rulers and marking a victory for President Trump.

Β© Adriana Loureiro Fernandez for The New York Times

An oil tanker docked at the CardΓ³n refinery in Punto Fijo, Venezuela, in January.
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