US Existing Home Sales Bounced In February As Mortgage Rates Tumbled

5 Challenges Facing South America's Copper Boom Authored by Charles Kennedy via OilPrice.com, Escondida supervisors, about 1,020 workers at the world’s largest copper mine, said they would strike at 8 a.m. local time Wednesday, a week after workers walked out at Centinela. Chile’s August copper output fell 12.8% to 369,500 tons, the lowest monthly total since February 2011, and a fatal landslide hit Codelco’s El Teniente on Sunday. The IEA still sees primary copper supply about 25% short of requirements by 2035, while Peru targets $33 billion in mining investment and Argentina’s Vicuña...

US President Donald Trump is reportedly ready to give up on the Persian Gulf passage: Trump Tells Aides He’s Willing to End War Without Reopening Hormuz (archived) – WSJ In recent days, Trump and his aides assessed that a mission to pry open the chokepoint would push the conflict beyond his timeline of four to six weeks. […]

Russia Vows To Keep Selling Oil to India Despite US Tariff Threat Submitted by Charles Kennedy of OilPrice.com Russia will remain a key crude oil supplier to India, Russia’s Ambassador to India, Denis Alipov, said in an interview with Asian News International, in which he also criticized the planned U.S. legislation to slap tariffs on countries importing Russian oil. #WATCH | Delhi: On being asked how confident Moscow is about the India-Russia energy cooperation, Russian Ambassador to India, Denis Alipov, says, "The question is - how confident is India? India has shown...