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AI Power Demand Revives Coal, Oil Hits $100 Amid Iran Blockade, and Colombia Coffee Drops 29%
As US-Iran peace talks collapse and a maritime blockade begins, oil prices have surged past $100. Simultaneously, the American AI boom is forcing a controversial return to coal power, while a $3.5 billion Western investment in critical minerals seeks to challenge Chinese dominance. We also analyze why Colombian coffee production has cratered by 29% and how the Middle East conflict is threatening the survival of Ukrainian grain farms.
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