Wash. Strait of Hormuz sees 16M barrels of oil
Reducing cadmium levels faces challenges in fertilizer production in Morocco. Ship traffic through the Strait of Hormuz increased by 27% last week. Additionally, the services and investment agreement between the UAE and Russia has come into effect, while Japan and India continue efforts to break China's dominance over critical minerals. Economically, liquefied natural gas prices in Asia reached their highest point in five months amid pressures from sanctions and the war on Iran. Meanwhile, Washington is exploring old coal mines to boost supplies of rare minerals.
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