Historically, crude oil and iron ore prices are strongly correlated, which is unsurprising given they are both commodities tied to the state of the global economy. But in recent weeks the link has largely been severed.
The Australian government's plans to cap the price of natural gas and thermal coal for domestic consumers has provoked the predictable howls of protest from the industry and warnings of dire consequences.
SPIC is one of the five major power generation groups in China and the largest solar power generation enterprise in the world, with its businesses covering 46 countries and regions, including Turkey.
In order to ensure security of energy supply during winter, the German government has decided to temporarily return to coal-fired power plants. The first plant was already reactivated in early August.