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News & Articles By Sterling Ashworth
05/28/2026
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By Sterling Ashworth
China to Impose Mining Controls on Strategic Minerals Starting June 15
China plans to impose mining controls on certain strategic minerals to ensure supply security and protect finite resources, according to a government notification published by the official Xinhua News Agency. The new rules, which take effect June 15, will allow Beijing to control total output, restrict mining entities, and conduct security reviews on foreign investments […]
05/27/2026
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By Sterling Ashworth
China Added to Oil Stockpiles in April Despite Sharp Import Decline
China likely placed an estimated 430,000 barrels per day (bpd) of crude into strategic and commercial reserves in April, even as its crude imports slumped to the lowest level since July 2022, according to estimates by Reuters columnist Clyde Russell based on official data. [1] Crude imports fell 20% year-on-year to 9.25 million bpd in […]
05/25/2026
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By Sterling Ashworth
U.S. Lawmaker Introduces Bill to Codify Strategic Bitcoin Reserve
Rep. Nick Begich, Republican of Alaska, introduced legislation Thursday to permanently establish a U.S. strategic bitcoin reserve, according to a press release from his office. The bill, titled the American Reserve Modernization Act of 2026 (ARMA), is designed to codify President Donald Trump’s March 2025 executive order and give the reserve a durable legal foundation […]
05/22/2026
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By Sterling Ashworth
U.K. Eases Some Russian Oil Sanctions as Fuel Prices Soar
The British government on Wednesday, May 20, waived sanctions on imports of diesel and jet fuel processed from Russian-origin crude in third countries, citing spiking fuel prices and supply security concerns, according to officials. Member of Parliament (MP) Dan Tomlinson, Exchequer Secretary to the Treasury, described the measure as “small and specific” and “time-limited,” designed […]
05/19/2026
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By Sterling Ashworth
Former Italian PM Draghi: U.S. Policies Leave Europe ‘Truly Alone Together’
Former European Central Bank chief and former Italian Prime Minister Mario Draghi stated on May 15, 2026, in Aachen, Germany, that U.S. policies under President Donald Trump have left Europe “truly alone together” and unable to rely on Washington as its primary security guarantor [1]. Draghi made the remarks while being awarded the Charlemagne Prize […]
05/16/2026
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By Sterling Ashworth
China’s Rare Earth Controls Persist Despite Talks, Customs Data Shows
China’s export restrictions on heavy rare earth elements remain in effect more than a year after they were imposed, according to trade data and industry reports, despite diplomatic efforts to reach a resolution. Shipments of key materials including yttrium, dysprosium and terbium have declined by roughly half compared to pre-control levels, data from customs agencies […]
05/15/2026
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By Sterling Ashworth
Ghana to Evacuate 300 Citizens from South Africa Amid Xenophobic Attacks
Ghana Announces Evacuation of Citizens Ghanaian President John Mahama approved the immediate evacuation of 300 citizens from South Africa, following what Accra described as a fresh wave of xenophobic attacks targeting foreign nationals, according to Ghanaian Foreign Minister Samuel Okudzeto Ablakwa. Ablakwa stated in a post on X that the “distressed” Ghanaians had registered with […]
05/14/2026
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By Sterling Ashworth
Appeals Court Restores Trump’s 10% Global Tariff Plan Pending Legal Challenge
A federal appeals court on May 12, 2026, reinstated President Donald Trump’s 10% global tariff plan, lifting a previous injunction that had blocked its implementation while litigation continues. The ruling by the U.S. Court of Appeals for the Federal Circuit allows the tariffs to take effect within 10 days, according to the court order, unless […]
05/14/2026
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By Sterling Ashworth
U.S. Releases 53 Million Barrels From Strategic Petroleum Reserve Amid Rising Gas Prices
The U.S. Department of Energy (DOE) announced Monday, May 11, that it will loan 53 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in an effort to relieve elevated gas and oil prices amid the conflict with Iran, according to a DOE news release. [1] Deliveries will begin immediately, […]
05/14/2026
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By Sterling Ashworth
Modi Urges Fuel Conservation as Oil Shock Intensifies
Indian Prime Minister Narendra Modi on Sunday urged citizens to reduce fuel consumption by working from home and limiting travel, according to reports. “In the current situation, we must place great emphasis on saving foreign exchange,” Modi said, as quoted by Reuters [1][2]. The appeal comes as India faces mounting pressure from rising oil prices […]
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