Oil is no longer an energy security challenge as critical minerals take center stage, Saudi minister says

1. Saudi Energy Minister claims oil is no longer energy security challenge. 2. Focus shifts to critical minerals for energy transition and technology needs. 3. China controls 60% of rare earth production, raising security concerns. 4. Saudi Arabia plans $100 billion investment to boost mining sector. 5. Electricity demand is surging due to data centers and EV growth.