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Oil marketsin Financial Markets
4 hours ago

Oil prices dip as OPEC+ considers boosting output by over 411K barrels, while the UK secures a deal to resume fuel deliveries from Lindsey refinery, easing supply concerns.

EU could become ‘province of China’ – German industry leader

RT (Russia Today)Wednesday, July 2, 2025 at 7:26:25 PM
EU could become ‘province of China’ – German industry leader
A top German industry leader is sounding the alarm, warning that Europe’s heavy dependence on China for critical raw materials—like lithium for batteries—could turn the EU into little more than a "province of China." The CEO of AMG Lithium argues this reliance is weakening Europe’s industrial independence, leaving it vulnerable to geopolitical shifts.
Editor’s Note: This isn’t just about supply chains—it’s about power. If Europe can’t secure its own materials or diversify sources, it risks losing control over its economic future. With tensions already high between the West and China, this dependency could become a major strategic headache. Think of it like putting all your eggs in someone else’s basket, then realizing they might not let you have any eggs when you really need them.
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