Vance Explains How US Will Use Iran MoU To Replenish Global Oil Supply

The US bombed Iran’s Qeshm Island on Monday, The Wall Street Journal has reported, an attack that came as President Trump was downplaying the prospects of renewed full-scale war with the Islamic Republic ahead of the US midterm elections. Iranian media reported earlier in the day that five explosions were heard in Qeshm and that […]

Russia Seizes Assets Of Swiss Food Giant Nestle Russian authorities seized the remaining businesses and assets of Swiss food giant Nestle and three French groups, the latest move against Western firms in response to sanctions against Moscow.  A decree signed by President Vladimir Putin issued late Thursday transferred the Russian operations of Nestle, French retailer Auchan and the former Leroy Merlin DIY chain, now known as Lemana Pro, to a company called LEV Management. The decree also covers the Russian subsidiaries of French logistics group FM Logistic, France24 reported. Investigative outlet Novaya Gazeta Europe reported...

After "Tectonic" Serra Verde Acquisition, Canaccord Reiterates Buy, Raises Price Target To $32 On USA Rare Earth In a new note out by Canaccord, the firm reiterates its BUY rating on USA Rare Earth and raises its price target to $32 from $29, arguing that the company is rapidly emerging as a cornerstone of a Western rare earth supply chain at a time when geopolitical urgency around reducing dependence on China is intensifying. Shares are already up about 50% over the past week and currently sit around $25: The analysts frame...