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Representative image of the United States Strategic Petroleum Reserve and oil infrastructure as the Trump administration authorises a 172 million barrel SPR drawdown while 32 International Energy Agency nations coordinate the largest emergency oil release in history to stabilise global crude markets.

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Representative image showing an oil tanker under attack in the Strait of Hormuz as tensions involving Iran’s Islamic Revolutionary Guard Corps raise fears of a major supply disruption that analysts warn could push global oil prices toward $200 per barrel.

Iran: Get ready for $200 oil. IRGC fires on more ships in the Gulf

Itafos finalises the USD$10M sale of its Araxá project to St George Mining, securing a 10% stake and structured future payouts.

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Metals and Mining Industry News

Itafos finalises $10m Araxá divestment, secures 10% stake in St George Mining

Itafos Inc. has officially completed the sale of its Araxá project in Brazil to St George Mining Limited,…

byPallavi Madhiraju

February 27, 2025

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