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By Raphaël ZERBIB, Financial Analyst at Wavestone
In today's world, marked by a myriad of geopolitical tensions, environmental challenges, and socio-economic disparities, commodities stand out not merely as tangible assets traded for profit. They are undeniable instruments of influence. From the rare earth metals that power our technology, dictating the tempo of the US-China trade wars, to the petroleum products fueling national economies, commodities have often been the unseen hand shaping diplomatic dialogues and national strategies. Threats such as climate change, energy crises, and food security concerns have spotlighted nations, conglomerates, and influential entities that make and break deals to shape the world...
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