Tag: natural resources

China plans to block rare earth shipments to US military contractors: report

China is reportedly crafting a plan to block the US military from getting shipments of rare earth magnets – even as it eases restrictions on shipments to US companies making electronics and other consumer goods.

Beijing has repeatedly used its near-monopoly over rare earth metals – crucial to make everything from iPhones to military hardware like F-35 fighter jets and drones – in tense tariff talks with the Trump administration.

Beijing is planning a “validated end-user” system that fast-track shipments for approved civilian firms in the US, the Wall Street Journal reported, citing sources familiar with the plan. It would allow China’s President Xi Jinping to keep his promise to President Trump about easing exports while cutting out military contractors.

If it is enacted, the plan could cause ongoing headaches for US companies that make “dual use” products or have both civilian and military clients, such as certain automakers and aerospace companies, according to the report.

The White House did not immediately return a request for comment.

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Venezuela’s Oil, US-Led Regime Change, and America’s Gangster Politics

The United States is dusting off its old regime-change playbook in Venezuela. Although the slogan has shifted from “restoring democracy” to “fighting narco-terrorists,” the objective remains the same, which is control of Venezuela’s oil. The methods followed by the US are familiar: sanctions that strangle the economy, threats of force, and a $50 million bounty on Venezuelan President Nicolás Maduro as if this were the Wild West.

The US is addicted to war. With the renaming of the Department of War, a proposed Pentagon budget of $1.01 trillion, and more than 750 military bases across some 80 countries, this is not a nation pursuing peace. For the past two decades, Venezuela has been a persistent target of US regime change. The motive, which is clearly laid out by President Donald Trump, is the roughly 300 billion barrels of oil reserves beneath the Orinoco belt, the largest petroleum reserves on the planet.

In 2023, Trump openly stated: “When I left, Venezuela was ready to collapse. We would have taken it over, we would have gotten all that oil… but now we’re buying oil from Venezuela, so we’re making a dictator very rich.” His words reveal the underlying logic of US foreign policy that has an utter disregard for sovereignty and instead favors the grabbing of other country’s resources. .

What’s underway today is a typical US-led regime-change operation dressed up in the language of anti-drug interdiction. The US has amassed thousands of troops, warships, and aircraft in the Caribbean Sea and the Pacific Ocean. The president has boastfully authorized the CIA to conduct covert operations inside Venezuela.

On October 26, 2025, Sen. Lindsey Graham (R-S.C.) went on national television to defend recent US military strikes on Venezuelan vessels and to say land strikes inside Venezuela and Colombia are a “real possibility.” Florida Sen. Rick Scott, in the same news cycle, mused that if he were Nicolás Maduro he’d “head to Russia or China right now.” These senators aim to normalize the idea that Washington decides who governs Venezuela and what happens to its oil. Remember that Graham similarly champions the US fighting Russia in Ukraine to secure the $10 trillion of mineral wealth that Graham fatuously claims are available for the US to grab.

Nor are Trump’s moves a new story vis-à-vis Venezuela. For more than 20 years, successive US administrations have tried to submit Venezuela’s internal politics to Washington’s will. In April 2002, a short-lived military coup briefly ousted then-President Hugo Chávez. The CIA knew the details of the coup in advance, and the US immediately recognized the new government. In the end, Chávez retook power. Yet the US did not end its support for regime change.

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Whitewashing the Gaza Gas Exploration

In 2019, UNCTAD (the United Nations Conference on Trade and Development) reported that the occupied territories lie above sizeable reservoirs of oil and natural gas wealth in Area C of the occupied West Bank and off the Gaza Strip. However, as UNCTAD warned, the Israeli occupation has prevented Palestinians from developing their energy fields.

The missed opportunities added up.

Palestinians’ ransacked energy wealth

Based on the 2010 US Geological survey, the discoveries of oil and natural gas in the Levant Basin amounted to 122 trillion cubic feet of natural gas and 1.7 billion barrels of recoverable oil. In 2023 US dollars, the value of these resources translated to $557 billion and $87 billion, respectively. At the eve of October 7, that was about $644 billion in total.

By 2018, 18 years had passed since the drilling of Marine 1 and Marine 2 offshore Gaza. As the Palestinian Authority had not been able to exploit these fields, the accumulated losses were already in billions of dollars. Even in the West, the Israeli stance was seen as needlessly harsh.

In February 2021, amid the covid-19 fog of the pandemic years, talks on a gas pipeline that would deliver reliable energy to the impoverished Gaza seemed to move ahead. The plan would see natural gas from the deepwater Leviathan field operated by Chevron in the eastern Mediterranean flow through an existing pipeline into Israel, and from there into Gaza through a proposed new extension. The Israeli side of the planned pipeline would be funded by Qatar and the section in Gaza paid for by the European Union.

After a painful seven-year pause, the pipeline project was expected to provide “a steady energy source to Gaza, ending rolling blackouts that have helped cripple the economy of the blockaded Palestinian enclave.” Control over these energy resources was a central element in Yasser Arafat’s state-building agenda. As Michael Barron, an energy consultant who has written on Gaza’s energy concurs, “Israeli exploitation of Palestinian resources was and remains a central part of the conflict.”

But the Netanyahu cabinets’ intransigence is working against Israel’s long-term interest in peace and stability. In particular, the recognition of the Palestinian state, especially by countries like the UK and Italy with large energy firms registered in their jurisdiction (BG and ENI, respectively), could clarify the legal ambiguity. It could ensure the Palestinian Authority with a secure source of income that is no longer reliant on Israel.

But that has never been acceptable to the Netanyahu cabinets. 

Illegal offshore tenders amid huge onshore destruction

In December 2022, Israeli Ministry of Energy launched the Fourth Offshore Bid Round offering new exploration licenses. A year later, it awarded licenses to several Israeli and international companies: Eni (Italy), Dana Petroleum (UK, a subsidiary of a South Korean company), and Ratio Petroleum (Israel). The problem is that these tenders violated international law, however.

Nonetheless, just a few months later in June 2023, following years of stalled talks, Israel approved the development of the Gaza Marine field, while Egypt’s state-owned EGAS (Egyptian Natural Gas Holding Company) was to lead extraction efforts in cooperation with the Palestinian Authority. Nonetheless, Israel stipulated that Hamas must not benefit financially.

Ironically, PM Netanyahu had for years ensured, as part of his Gaza strategy, that Hamas can receive multi-million-dollar shipments, via intermediation. The double-faced ploy used Hamas to disrupt the Palestinian Authority (PA), to keep Gaza weak and ultimately to reap the gas benefits to Israel.

As a net effect, active gas exploration or production could not commence due to the ongoing tensions in and around the Strip, which undermined investment and infrastructure development. The resulting stalemate status quo harmed Egypt’s mediation and interest in fostering regional energy stability.

As Israel initiated its ground assault in Gaza a week after October 7, 2023, Energy Minister Israel Katz pledged on X that “all the civilian population in Aza [Gaza’s Hebraized name] is ordered to leave immediately. We will win. They will not receive a drop of water or a single battery until they leave the world.”

But Netanyahu’s veteran Likud ally had another, equally destructive role. It was Katz’s Ministry that awarded the exploration licenses to the companies on October 29, 2023, violating international law – just two days after the lethal fury of the full-scale invasion in Gaza of the Israeli military. If it wasn’t pre-planned, it was certainly most convenient.

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Japan rejects US call to halt Russian energy imports

Japan’s Trade Minister Yoji Muto announced on 21 October that Tokyo will base its energy import decisions on national interests, resisting pressure from the US to stop purchasing Russian oil and gas.

While Muto stressed Japan’s autonomy, he also noted that “since the invasion of Ukraine, Japan has been steadily reducing its dependence on Russian energy,” according to Reuters.

His remarks followed a meeting between US Treasury Secretary Scott Bessent and Japanese Finance Minister Katsunobu Kato, during which Bessent urged Japan to end all Russian oil and gas imports.

Muto stressed that Tokyo’s approach would balance energy security and diplomatic considerations. 

“We recognise that LNG from Sakhalin-2 plays an extremely important role in Japan’s energy security,” he said, noting that the Russian project supplies roughly three percent of Japan’s electricity generation.

Despite formally joining the G7’s price-cap scheme – which limits how much countries can pay for Russian oil – Japan has kept exemptions in place due to its reliance on Sakhalin-2 for energy security.

In September, Tokyo lowered its price ceiling on Russian crude from $60 to $47.60 a barrel – a symbolic step to match Europe’s tighter cap, despite Japan’s exemption.

The US has intensified its campaign to cut Russian energy revenues by pressing top buyers, namely Japan, India, and China, to scale back purchases. 

Washington argues that such steps would weaken Moscow’s ability to sustain its military operation in Ukraine.

Earlier this month, India also pushed back against US President Donald Trump’s claims that Indian Prime Minister Narendra Modi had agreed to halt Russian oil imports. 

Indian Foreign Ministry spokesperson Randhir Jaiswal said India’s “import policies are guided entirely by the need to safeguard the interests of the Indian consumer,” emphasizing that diversification and stable pricing remain central to New Delhi’s strategy.

Beijing similarly dismissed the US demands, calling them “a typical example of unilateral bullying and economic coercion.” 

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Israeli Scramble for Gaza’s Gas Reserves

As the Second Intifada was about to begin in September 2000, PLO leader Yassir Arafat celebrated a natural gas discovery in a fishing vessel about 30 kilometers off the Gaza Strip. “This will provide a solid foundation for our economy, for establishing an independent state with holy Jerusalem as its capital,” Arafat said.

Efforts to undermine this hope that could have done much to foster the Gazan economy have gone in tandem with the crumbling of the peace process.

Gaza catastrophe is (also? mainly?) about natural gas

Ever since the late 1990s, the Eastern Mediterranean has become highly attractive to energy interests, with major fields like Israel’s Leviathan (600 billion cubic meters, bcm), Egypt’s Zohr (850 bcm), and the Gaza Marine field (28–30 bcm).

Relative to Israel’s Leviathan, which generates $10 billion annually in export revenue, or Egypt’s Zohr field, which meets 40% of Egypt’s gas demand, the Gaza Marine field has lower output. However, it could have a transformative impact on Gaza’s economy and Palestinian living standards.

Located 30 km offshore from the Strip, the Gaza Marine field was discovered in 2000 by British BG and the Palestinian Consolidated Contractors Company (CCC). It was expected to develop revenue at $4 billion.

Let’s put things into context: In 2023, Gaza’s GDP amounted to less than $18 billion. And today, after Israeli decimation, it is barely $350 million. So the field represents a lifeline to Gazans and a great opportunity to overcome chronic energy shortages in Gaza, which remains highly dependent on foreign aid.

With its natural gas industry, Egypt was to serve as the onshore hub and transit point for the gas. The British BG Group was to finance the development and operations in return for 90 percent of the revenues. The Palestinian Authority (PA) would receive just 10 percent, plus access to adequate gas to meet their needs.

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Texas declares war on plan to seize one of America’s richest counties and turn it into a ‘melanated’ community

Texas is suing a man state officials claim is trying to ‘overthrow the local government’ of an oil-rich county by offering black people free houses to move there and vote how he wants. 

Carpetbagger Malcolm Tanner bought two five-acre plots of land in Loving County, on the Texas/New Mexico border, according to the state’s lawsuit.

The Indiana man, who claims to be running for president in 2028, has offered the land to up to 1,000 ‘melanated people’ for free. 

‘It’s a movement going on called the “melanated people of power,” Tanner says in one Instagram reel. 

‘It don’t matter where you are on the world. It could be Africa, Asia, as long as you melanated. That’s the only thing that matters. It’s for us. It’s for us.’

‘Do not miss out on your opportunity to be a homeowner, to have a deed.’ 

Through social media posts, Tanner explains that he will take over Loving County, which he calls ‘Tanner County.’

In the state’s lawsuit, Attorney General Ken Paxton claims he will get his melanated residents to vote as he wants, easily outvoting the 64 citizens recorded by the last US census – but with a total taxable value of over $18 billion in 2024 thanks to petroleum.

Already dozens of people have taken him up on his offer to move and collect $5,000 a month, the state claimed in a lawsuit.

‘Despite there being no homes or utilities on the land, Tanner has induced dozens of people, including many women and children, to move onto and inhabit the land without any provision for the proper disposal and treatment of sewage,’ Paxton said in a press release announcing the lawsuit.

‘These individuals are forced to live in RVs or other makeshift shelters.’

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Maduro Offered the US Access To Venezuela’s Oil and Mineral Resources To Avoid War

The government of Venezuelan President Nicolas Maduro had offered the US access to Venezuela’s oil, minerals, and other natural resources as part of a potential deal to avoid conflict, The New York Times reported on Friday.

The report said talks on the potential deal went on for months despite the US increasing military pressure on Venezuela and bombing boats in the Caribbean, but they have ceased since President Trump recently ordered his special envoy, Ric Grenell, to halt diplomatic efforts with the Venezuelan government.

Under the potential deal, Venezuela was willing to open up all existing and future oil and gold projects to US companies and give preferential contracts to US businesses. The report said Maduro was also willing to make other significant concessions concerning Venezuela’s relationship with other countries, including reversing the flow of Venezuelan oil exports from China to the US, and ending contracts with Chinese, Russian, and Iranian firms.

Maduro’s government has also continued accepting US deportation flights despite the military tensions. According to ICE Flight Monitor, a group that tracks US deportation flights, since February, the US has deported more than 10,000 Venezuelans on 58 flights, including nine that landed since the US bombed its first alleged drug-running boat in the Caribbean on September 2.

An official familiar with the issue told The Wall Street Journal last week that Venezuela remained “one of the best relationships” the US has had on deportations.

The Trump administration has permitted some trade with Venezuela by reinstating Chevron’s license to pump oil in the country in July, but US officials seem determined to escalate. Multiple media reports have said the US is now considering launching direct airstrikes on Venezuelan territory and that the real US goal is regime change, though it’s being dressed up as a counter-narcotics operation.

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The United States promotes an alliance with Argentina in artificial intelligence, nuclear energy, and critical minerals to counter China’s influence in the region

Artificial intelligence is at the center of great-power competition. The United States is promoting “American AI” through initiatives such as the Partnership for Global Inclusivity on AI (PGIAI), launched with industry partners to expand AI access and training globally.

The White House’s AI Action Plan (2025) explicitly identifies diplomacy and standard-setting as tools to align partner nations with U.S. frameworks.

By embedding U.S.-based AI ecosystems in Hispanic America, Washington offers democratic governance standards and trusted digital infrastructure.

This strategy not only supports innovation but also reduces the risk of dependency on Chinese platforms, which carry surveillance and data security concerns.

While outcomes are not guaranteed, these initiatives increase the likelihood that regional AI standards will align with U.S. interests.

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Russia remains top uranium fuel supplier to US – Energy Department data

Russia is still the leading supplier of nuclear fuel to the US despite an import ban introduced under former President Joe Biden, the US Department of Energy has revealed.

According to the agency’s annual uranium marketing report released on Tuesday, Russia provided 20% of the enriched uranium purchased for American commercial reactors in 2024. France supplied 18%, the Netherlands 15%, Britain 9%, and Germany 7%, while 19% of enriched uranium was produced domestically.

Biden signed the Prohibiting Russian Uranium Imports Act into law in 2024, with the ban formally coming into force in August that year. In retaliation, Moscow imposed a temporary cap on enriched uranium exports to the US in November.

The legislation, however, contains a system of waivers allowing purchases from Russia until 2028 if no alternative supply is available or if the imports are considered strategically important. Bloomberg reported that waivers were granted to Constellation Energy Corp, the largest US nuclear operator, and Centrus Energy Corp, one of only two domestic uranium enrichers.

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Trump Admin’s $20 Billion ‘Bail Out’ for Argentina’s Milei Raises Eyebrows

The Trump administration says it is working to provide tens of billions of dollars to Argentina’s President Javier Milei, in a financial bailout that many critics say clashes with President Donald Trump’s “America First” platform.

The U.S. State Department told Newsweek Thursday that the America First Foreign Assistance programs must align with administration policies and advance concrete U.S. national interests.

Why It Matters

On Wednesday, U.S. Treasury Secretary Scott Bessent confirmed the United States is in talks to provide $20 billion to Milei. The announcement comes months after the Trump administration dismantled the U.S. Agency for International Development (USAID) in an effort to instead support programs aligned with Trump’s “America First” agenda.

Argentina is one of the largest South American economies and has notable natural resources, including oil, gas, uranium, and lithium, which are often used in batteries.

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