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War Spikes Oil Margins, China Buys U.S Soy, Indonesia Frees Metals
Description
Global energy markets grapple with war-induced refining bottlenecks pushing plant utilization past ninety-seven percent alongside an OPEC+ output bump of one hundred eighty-eight thousand barrels per day and escalating shipping hazards near the Strait of Hormuz. In agricultural trade, Chinese state buyers secured eight hundred forty thousand metric tons of American soybeans as drone strikes in the Black Sea threaten to remove thirty-five million tons of wheat from global supply. Meanwhile, Indonesia unblocked over one hundred stranded mineral vessels containing rare earth byproducts, and Southeast Asian freight volumes reflected a twenty-one percent surge in Vietnamese coffee shipments.
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Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy