Media report: US oil reserves are running out

Washington has been actively selling off its Strategic Petroleum Reserve (SPR) for the past year to prevent a further rise in energy prices, US news platform Bloomberg reported on Friday. However, according to Bloomberg, the government cannot exhaust the reserves forever. According to the report, nearly 115 million barrels were put on the market last […]

Lithium, the gold of the energy transition – Four Latin American countries have the largest reserves — RT EN

23 Apr 2022 7:29 p.m By Edgar Romero G. Lithium, often referred to as white gold, has attracted exceptional interest in many countries around the world in recent years. Although it has been commercially produced since 1923, initially used primarily in medicine, construction, and industry, interest in this metal today stems from its importance in […]

Freezing foreign reserves is a “violation of sovereignty” — RT EN

Apr 21, 2022 12:02 p.m China has urged Western countries to stop freezing other countries’ foreign reserves. Such measures would undermine the stability of the global economy. Beijing’s UN ambassador also pointed out that this also represents a “violation of sovereignty”. Chinese Ambassador to the United Nations (UN) Zhang Jun made the comments on Ukraine […]