The World’s Mineral Powers Seize Their Moment
Resource-rich countries haven’t always benefited from extraction. Can this time be different?
"You can debate whether that’s going to hit those really low levels in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”
Strategic petroleum reserves are declining rapidly as countries release emergency crude supplies to cushion the economic impact of the Middle East conflict.
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The UNFCCC process is marred by gridlock in the COP multilateral framework, threatening joint efforts by countries to mitigate the climate crisis.
The White House declared last week that President Trump finally "broke OPEC" after the United Arab Emirates withdrew from the cartel.