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Copper Split, $13B US Gas Deal, and Elite Livestock Genetics
Description
Copper holds above $14k per ton amid an unprecedented split between bulging United States stockpiles and extreme Chinese shortages. In energy, United States natural gas undergoes historic consolidation with EQT’s thirteen-billion-dollar acquisition of Range Resources, while Russian diesel shipments to New York resume under emergency export quotas. Meanwhile, Black Sea commercial shipping navigates heightened war-risk insurance after eight cargo vessel attacks off the Romanian coast, and extreme European weather drives summer crop yields to multi-decade lows alongside China's aggressive push for elite livestock genetics.
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