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US President Trump administration to provide more than USD 2bln to four battery and mineral companies, reports WSJ citing officials

StockNow breaking-news AI analysis

Trump admin allocates $2B+ to four battery/mineral firms to secure supply chains from China, utilizing direct equity and loans to de-risk domestic production for investors.

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Geopolitics

US official says there is progress between Oman and Iran on the Strait of Hormuz, and we expect a deal soon

Geopolitics

A US official familiar with the negotiations confirmed the temporary route was discussed and said it would be limited to a period of 60 days, ABC reports