Drop-In: Spotlight – Economic fracturing, commodities and climate change

COP31 struggles for relevance

The forthcoming COP31 climate conference risks being overshadowed by the fallout from the US midterms. In any case, the more consequential...

Japan’s yttrium shortage highlights global vulnerability

Japan’s emerging yttrium shortage illustrates the broader vulnerability created by China’s dominance of rare earth supply. The immediate economic...

Energy markets are learning to live with conflict

The escalation in strikes across the Middle East highlights the upside risks to oil prices. But oil exports through the Strait of Hormuz have proved...