India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.
U.S. government policies including tariffs were aimed at decoupling the American and Chinese economies. But Chinese firms appear to be finding ways to mitigate the impact.
Iran, Iraq, Libya, Nigeria and Venezuela will add roughly 900,000 barrels a day of production this year and at least the same in 2024, the bank estimates.
Starting from the middle of 2026, BASF will receive about 800,000 tons of LNG annually from Cheniere Energy Inc. in an agreement that runs through 2043.
The collaborations for the battery plant could range from a joint venture and the sharing of knowledge to experimentation and licensing agreements, Tata said.