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Cheatsheet: The Different Types of Fertilizers
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CBAM: EU carbon tax set to disrupt metals trading
The European Union's Carbon Border Adjustment Mechanism (CBAM) is set to be fully implemented by January 1, 2026, and is poised to significantly influence global trade and accelerate the energy transition. The mechanism targets importers of specific energy-intensive goods, including iron, steel, aluminium, fertilizers,…
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FACTBOX: EU approves major overhaul of oil sanctions against Russia
The EU has embarked on the most significant revamp of its oil sanctions against Russia in more than two years, cutting the oil price cap and initiating an import ban on petroleum products made from Russian crude, among other measures. In its 18th sanctions package against Russia, Brussels introduced a floating pricing…
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Spot uranium jumps almost 9% as physical fund announces $100 million fund raise
HIGHLIGHTS Price rises to 2025 high as fund expected to buy uranium Uranium miner canceling contracts contributed to run-up The spot uranium price jumped climbed nearly 9% June 16 on news that the world's largest physical U3O8 fund raised $100 million in bought deal financing with a leading Canadian investment bank. Platts…
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Corn farmers celebrate EPA’s 15 billion gallon biofuel blending mandate as a win for agriculture
Officials from leading US corn and grain organizations have expressed their support for the Environmental Protection Agency's proposed Renewable Fuel Standards (RFS) for 2026 and 2027, released on June 13. The EPA's proposal mandates that refiners blend 15 billion gallons of conventional biofuels into the fuel supply.…
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Iran, diminished in OPEC, no longer holds oil trump card
At the height of the Yom Kippur War in 1973, Iran enthusiastically joined other OPEC countries in an oil embargo against Israel's Western allies. Then one of the world's biggest producers, the Islamic Republic had helped found the producer group a decade earlier. Fast forward to today, and Iran has been relegated to a…