"Oil industry expert Daniel Yergin argues that the US is desperate to have supply chains independent of China. China's domination of minerals especially the copper needed for electrification, data centres, robots, cellphones and defence technology is pushing the United States to ramp up its control of oil and minerals worldwide, argues Daniel Yergin, one of the world's top experts in the economics of oil."
"pushing the United States to ramp up its control of oil and minerals worldwide, argues Daniel Yergin, one of the world's top experts in the economics of oil. In this episode, Yergin explains how Venezuela, Greenland, Iran, Russia and other issues are connected to the business of oil and the competition to control Earth's minerals. And while US President Donald Trump's motives in Venezuela and Greenland are unclear, Yergin says one thing is certain: The US is desperate to achieve supply chain independence from China."
China dominates critical minerals, particularly copper, which is essential for electrification, data centres, robotics, cellphones and defence technologies. That mineral dominance is driving the United States to strengthen control over global oil and mineral supplies. Geopolitical flashpoints such as Venezuela, Greenland, Iran and Russia are linked to energy markets and competition for mineral resources. Actions toward Venezuela and Greenland reflect strategic moves tied to securing resource access, even when immediate motives appear ambiguous. The push for resource control aims to reduce reliance on China and to secure supply chains critical to national security and technological infrastructure.
Read at www.aljazeera.com
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