All articles tagged with #stockpiles
Originally Published 3 months ago — by Financial Times
US soybean farmers are facing challenges as China blocks imports, leading to rising stockpiles and economic pressure on farmers.
Originally Published 5 months ago — by markets.businessinsider.com
Copper prices plummeted by 20% on the COMEX exchange after the US exempted refined copper from new tariffs, leading to a surge in US stockpiles to a 21-year high and creating an oversupply that could impact global prices. The exemption surprised traders who had anticipated tariffs on all copper forms, causing a significant market reaction and raising concerns about future trade policies.
Originally Published 6 months ago — by The Guardian
The US is halting some weapons shipments to Ukraine due to concerns over depleted stockpiles, marking a shift in support amidst ongoing conflict with Russia. This decision, part of a broader review under the Trump administration, reflects prioritization of US military readiness and a reduction in aid, complicating Ukraine's efforts to defend against escalating Russian attacks.
Originally Published 2 years ago — by The New York Times
While supplies of basic necessities dwindle for the people of Gaza, Hamas has reportedly stockpiled fuel, food, water, medicine, ammunition, and weapons in underground tunnels. Arab and Western officials confirm Israeli claims of Hamas hoarding supplies, raising questions about the group's responsibility to the civilian population. Despite the blockade, Hamas continues to launch rockets at Israel and fend off incursions into Gaza. The group's ability to maintain its stockpiles showcases its logistical sophistication as a fighting force. Fuel shortages have become critical, with Israel refusing to allow fuel deliveries to Gaza, leaving the enclave without electricity and other essential services. The United Nations has nearly exhausted its fuel reserves. Hamas is said to have different priorities for its fuel, such as ventilation for its tunnel system and rocket operations.
Originally Published 2 years ago — by OilPrice.com
Stockpiles at the Cushing storage hub in Oklahoma are at risk of reaching their lowest level in almost a decade, potentially leading to a boost in crude prices and supporting the goal of reaching $100 oil by the end of the year. The decline in inventories reflects the tightening global market and the scramble for near-term supplies. Official estimates will be released this week.
Originally Published 2 years ago — by 13WHAM-TV
Authorities are continuing their search for a "very dangerous" inmate who escaped from a jail in northwestern Pennsylvania using bed sheets. The inmate, Michael Burham, is believed to still be in the area, and authorities have discovered stockpiles and campsites in the woods that he may have been using. Burham was a suspect in a homicide investigation and was being held on multiple charges, including kidnapping and burglary.