live Trump says U.S.-Iran talks could resume ‘at some point’
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most s...
China has escalated its control over vital mineral exports in retaliation to U.S. tariffs, intensifying global supply chain fears as it tightens curbs on rare earths, battery metals, and strategic technologies critical for defence and green energy.
China has intensified its control over key strategic mineral exports in response to U.S. tariffs, raising global concerns over supply chain vulnerabilities. On Friday, Beijing added several rare earth elements to its export control list, signalling its readiness to weaponise its dominance in critical mineral markets.
The restrictions follow a series of curbs introduced since 2023. In February, China required export licences for products related to tungsten, tellurium, bismuth, indium, and molybdenum—metals vital for defence and clean energy industries. January saw proposals to limit technology exports for processing lithium, gallium, and battery components.
Last December, China outright banned exports of antimony, gallium, and germanium to the U.S. These metals are essential for electronics, solar tech, and defence systems. China controls up to 90% of global refining for these elements.
Also in 2023, China restricted graphite exports—critical for electric vehicle batteries—and banned the export of rare earth magnet manufacturing technology. With near-total dominance over rare earths refining, China’s moves are forcing Western firms to rethink sourcing and bolster domestic capabilities.
As trade tensions deepen, these strategic controls could reshape global supply chains and accelerate the race for mineral independence.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2025, according to ICD–LSEG, as more countries explore Shariah-compliant finance.
Azerbaijan exported goods worth $17.372 million to Armenia between January and July 2026, according to data from the State Customs Committee, as commercial ties between the two South Caucasus neighbours showed signs of expansion.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment