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From Oilfields to Power Grids: The New Supply Squeeze
Description
Oil markets are bracing for a potential return of Venezuelan barrels as Washington considers easing energy sanctions, while Iraq renegotiates major field terms with global producers. Metals see a production milestone from Brazil and rising aluminum price expectations, even as power shortages ripple through U.S. grids. Meanwhile, agricultural trade flows are reshaping, with China turning back to Canadian canola and Russia expanding its global seed strategy. It’s a week of policy shifts and supply pivots with real implications for prices worldwide.
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