US To Stockpile Cobalt For First Time In Decades, Columbia Study Sees Risks
US Defense Dept seeking to buy cobalt for first time in decades to stabilize supply chains. Up to 7,500 tons worth $500M being sought from 3 companies.
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Energy has long been intimately tied to global geopolitics, power and foreign policies. The rapid pace of change in the energy sector is creating new sources of uncertainty and risk that require careful study and understanding.
Despite producing little natural gas, the EU could become the most powerful entity in global gas markets in the decades to come.
It remains unclear whether Iran retains the ability to develop nuclear weapons quickly.
The report outlines five foundational choices if a stockpiling strategy is adopted, as bipartisan support suggests is possible.
The war with Iran shows why hopes for energy independence are inadequate.
The European Commission published a proposed regulation on June 17 to end Russian gas imports by the end of 2027.
China’s dependence on the energy supplies that move through the Strait of Hormuz makes it especially vulnerable to any possible closure of the waterway by Iran in retaliation for attacks by Israel and the United States.
On June 24, Iran, Israel, and the United States agreed to a cease-fire, putting a halt to nearly two weeks of war.
The conflict between Iran, Israel, and now the United States has yet to disrupt energy supplies to global markets.
Israel’s decision to attack Iran’s nuclear program on June 12 might go down in history as the start of a significant regional war, and the inflection point that led Iran to finally acquire nuclear weapons.