This week, Israel escalated its military campaign against Iran’s nuclear and military infrastructure, while the U.S. weighed potential involvement in the conflict. In the Indo-Pacific, Taiwan added Chinese companies to its export blacklist, limiting their access to advanced microchips, while concerns lingered over the impact of Chinese rare earth elements export curbs despite last week’s U.S./China trade agreement. In the Russia/Ukraine war, Ukrainian operations halted Russian advances on Sumy, while leaders of the G7 discussed new sanctions against Russia.
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