-
Middle East turns to copper with expected 40% surge in electricity demand by 2035
As the Middle East considers “life beyond oil”, Fastmarkets takes stock of the region’s copper industries and energy transition strategy, from the mining sector to sovereign wealth fund investment. The Middle East is a major consumer of energy; and while 78% of energy investment is expected to go to fossil fuels in 2025, this is projected to fall to 66% by 2035 as investments in grids, storage and low-emissions electricity increase, according to the International Energy Agency (IEA) World Energy Outlook 2025, published in November. The World Energy Outlook 2025 expects peak electricity demand in the Middle ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From morningstar.com | Jan 15, 2026
The price of copper has rallied 23% since November, punching through $13,000 per metric ton on the London Metal Exchange. According to Goldman Sachs, this has been driven largely by speculative inflows. Fundamentals in the sector, however, have been easing in recent months and Goldman Sachs said the bulk of the rally in copper has already occurred. Its ...
From cnbc.com | Jan 15, 2026
Gold slipped on Thursday as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from U.S. President Donald Trump on the Federal Reserve chair and Iran dampened safe-haven demand for bullion. Spot gold was down 0.8% at $4,584.03 per ounce, as of 0322 GMT. In the previous session, bullion hit a record high ...
Great Financial Numbers were released today — Our Country has never done better! So many people ask me the reason for this, and I tell them, in just one word — TARIFFS! We’ve taken in Hundreds of Billions of Dollars, with virtually No Inflation, and our National Security has never been as strong as it is today. GOD BLESS THE U.S.A.
