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How Climate Change and Tariffs Help China Raise More Cattle

As increased rain makes grasslands and cornfields possible in areas that once were deserts, the world’s largest beef importer is becoming more self-reliant by expanding domestic herds.

Β© Gilles Sabrié for The New York Times

A herder taking her cows to graze in mountain pastures in northern China’s Hebei Province.
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Nuclear Energy Revival Puts Westinghouse in Prime Position

The company, which filed for bankruptcy protection in 2017, stands to benefit from growing support for nuclear power and President Trump’s deal with Saudi Arabia.

Β© Mike Stewart/Associated Press

Cooling towers at the nuclear reactor facility at the Alvin W. Vogtle Electric Generating Plant in Waynesboro, Ga.
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Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

Β© Agence France-Presse β€” Getty Images

A tanker at a crude oil terminal in Qingdao, China. Typically the world’s largest oil importer, China slashed purchases this spring.
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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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