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"China Pushes EV Charging Into Minutes as U.S. Risks Falling Further Behind"
China's latest electric-vehicle battery breakthrough is sharpening a global technology divide, with a new lithium iron phosphate pack reportedly able to charge from 10% to 70% in just 4.5 minutes at 65°C. The advance underscores how quickly Chinese automakers and battery makers are compressing charging times, while the United States continues to grapple with slower public charging infrastructure and a less integrated EV ecosystem.
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U.S. Crude Slides Nearly 8% for the Week as Tehran Signals Hormuz Talks at the U.N.
U.S. crude oil fell sharply for the week after Iran and the United States held discussions on the sidelines of the U.N. General Assembly in New York, reviving hopes of a diplomatic opening around the Strait of Hormuz. West Texas Intermediate ended Friday lower, while Brent also declined, as traders weighed Tehran's proposal to reopen the vital shipping lane under a temporary peace arrangement.
U.S. and Argentina Launch Andes-Atlantic Corridor to Rewire Trade, Energy and Critical-Mineral Flows
The United States and Argentina have unveiled the Andes-Atlantic Corridor, a sweeping infrastructure initiative designed to connect Argentina's mineral-rich northwest and Vaca Muerta energy basin to Atlantic ports and Western markets. Announced on the margins of the U.N. General Assembly High-Level Week, the project is being framed as the first Partnership for Global Infrastructure and Investment corridor in the Western Hemisphere and a major test of U.S.-Argentine economic integration. The plan aims to unlock billions in investment across rail, pipelines, ports, power and digital networks, while supporting exports of lithium, copper, oil and gas. It also aligns with Argentina's reform agenda and could draw financing from U.S. agencies including EXIM and the DFC, alongside private capital.