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The Secret Houthi-U.S. Deal That Could Push Saudi Arabia Back to Beijing

Back at the start of the U.S.’s ‘Operation Epic Fury’, OilPrice.com predicted three courses of action that Iran would take as it moved through the conflict escalation gears. First, most obviously, although apparently not to President Donald Trump’s team, was to close the Strait of Hormuz to cause oil, liquefied natural gas (LNG) and refined products prices to soar -- check. Second, was to launch attacks on Saudi Arabian oil infrastructure via the Tehran-backed Yemeni Houthis to further inflate energy prices and undermine…

OilPrice.comOilPrice.comSimon Watkins21 Sept

Bessent: US suggesting AI alert system with China ahead of Trump-Xi talks

Treasury Secretary Scott Bessent said Sunday the U.S. is proposing a notification system between Washington and Beijing on AI amid growing concerns about the technology’s risks to humanity. The system, called the “U.S.-China AI dialogue,” would create a mechanism for the two superpowers to communicate when there are incidents that rise to “a national security…

The HillThe HillJulia Shapero21 Sept
  • neutral toward Trump-Xi summit · 99%

Bessent on talks with China ahead of Trump-Xi meeting: ‘Very successful engagement’

Treasury Secretary Scott Bessent on Sunday said recent talks with Chinese officials went well, a few days before President Trump and Chinese President Xi Jinping meet later this week. “We just had a very successful engagement with the Chinese on trade — the — and AI, completing where we left off in Beijing — we…

The HillThe HillTara Suter21 Sept
  • neutral toward Scott Bessent · 97%

China Will Dominate Global Nuclear Energy Through 2035, Analyst Says

The future of nuclear energy is in China’s hands. While the United States remains the world’s largest producer of nuclear energy, China’s sector is growing at such a rapid clip that it is expected to overtake France as well as the United States to become the world’s leading nuclear power producer within the next decade. In addition to this rapid expansion of traditional nuclear power capacity, Beijing has also quickly become the global leader in a broad and diverse range of advanced nuclear power technologies. “By…

OilPrice.comOilPrice.comHaley Zaremba20 Sept

China’s stranglehold on rare earths must be ended, says hopeful supplier to EU

Rafael Moreno, whose company has opened demo plant in Brazil, says market is ‘nervous’ as Trump-Xi summit looms The head of a mining company hoping to supply the EU with rare earths in two years’ time has said it is “paramount” to end China’s stranglehold on the supply of the raw materials used in everything from cars to wind turbines and military jets. As Donald Trump and China’s president, Xi Jinping, prepare to meet on Thursday in their second summit of the year, Rafael Moreno said it was also “imperative” that they do a deal for Beijing to ease up, once again, on its threat to ban exports of rare earths. Continue reading...

The GuardianThe GuardianLisa O’Carroll Senior correspondent20 Sept