Claims

Prior to 2019, Kazakhstan, the world's largest uranium producer (42% of global supply), had no price discipline and sold all production at market price regardless of scarcity signals; after the 2019 tenge devaluation, Kazakhstan adopted price discipline and began holding back production, signaling a shift toward producer control of supply.

Oil prices are spiking higher due to geopolitical risk from the escalating conflict in the Middle East, with observable market reactions to headlines about regional tensions translating directly to $3 price spikes when news breaks.

The tin market is likely to experience supply stress and price increases due to the largest tin mine in the world (located in Myanmar's Wa state) being closed for over a year, with no clear reopening timeline despite earlier assumptions of brief disruption.