President Biden talks tough about winning on green energy. But China is already ahead in one critical area. By Cara Korte Experts: Biden s tough China stance damaging
When speaking about competition with China, President Joe Biden can sound as if he s taken the mic at a pep rally. They think they re gonna win. Well I got news for them, they will not win this race. We can t let them, Mr. Biden said during his remarks Tuesday at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan.
The race is the competition to produce green energy technologies. Global superpowers are vying to dominate the critical minerals market the raw materials such as copper, nickel, lithium, zinc and rare earth elements that are the building blocks of this century s energy sector. These minerals are used in electric vehicles, solar panels and wind turbines, as well as smartphones, robotics and military equipment.
Oil hits two-month high as Europe, US reopen economies – Voice Of Vienna voiceofvienna.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voiceofvienna.org Daily Mail and Mail on Sunday newspapers.
Russian Deputy Prime Minister Alexander Novak said on Wednesday there was an oil deficit on the global market even though some countries were recording a growing number of COVID-19 cases.
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LONDON (Reuters) - Iranian oil exports, which have been on a rising trend while talks make progress on reviving the 2015 nuclear deal, have dropped so far in May, according to three assessments, reflecting a lull in demand from China.
FILE PHOTO: Iran s Oil Minister Bijan Zanganeh reacts towards journalists as he arrives for an OPEC and NON-OPEC meeting in Vienna, Austria, July 2, 2019. REUTERS/Lisi Niesner/File Photo
Tehran’s oil exports have risen since late 2020, despite U.S. sanctions toughened under U.S. President Donald Trump. Joe Biden’s administration took office in January pledging to rejoin Iran’s nuclear deal with world powers, which Trump had quit.
NEW DELHI: Indian refiners, anticipating a lifting of US sanctions, plan to make space for the resumption of Iranian imports by reducing spot crude oil purchases in the second half of the year, company officials told Reuters.
The world s third largest oil consumer and importer halted imports from Tehran in 2019 after former US President Donald Trump withdrew from a 2015 accord and re-imposed sanctions on the OPEC producer over its disputed nuclear programme.
US President Joe Biden s administration and Iran have been involved in indirect talks to revive the pact for Tehran to curb its nuclear activities in exchange for a lifting of sanctions.