U.S. Central Command (CENTCOM) confirmed new military strikes near the Strait of Hormuz in response to Iranian attacks on commercial shipping and U.S. personnel. The…
Posts published in “COMMODITIES”
Oil Settles at Six-Week High After U.S. Hits Iranian Targets Crude oil prices surged on Tuesday, September 1, 2026, settling at their highest level in…
Iran’s Retaliatory Strike on Jordan Bases Jolts Markets On Monday, August 31, 2026, Iran launched a missile and drone attack on two American bases in…
Ukrainian drones struck Russia’s Ust-Luga oil export terminal on the Baltic Sea overnight, causing a fire that was later extinguished. Leningrad region governor Alexander Drozdenko…
Eurozone annual inflation accelerated to 3.3% in August, up from 2.6% in July, according to preliminary data from Eurostat. The reading marks the highest inflation…
Two oil supertankers were struck by unknown projectiles in quick succession while transiting the Strait of Hormuz, according to maritime security firm Marisks. The incidents…
The U.S.-Israel-Iran conflict has severely disrupted Persian Gulf oil and gas flows, driving a $330 billion surge in global energy import costs between March and…
Modi’s Call for Peace Lands as U.S. Tariff Threat Looms On Tuesday, September 1, 2026, Indian Prime Minister Narendra Modi publicly urged Russian President Vladimir…
Global bond markets sold off sharply, driving yields to multi-decade highs as traders increased expectations for a Federal Reserve interest-rate hike this month. Oil prices…
Brent crude traded at $91.48 per barrel and WTI at $86.97 per barrel, both up more than $1 from Monday’s close. President Trump threatened new…
Global bond yields have surged to their highest level since 2008, driven by rising oil prices and heightened inflation concerns. Investors have significantly increased expectations…
Chevron, India’s ONGC, GE Vernova, Eni and GeoPark are nearing final energy agreements in Venezuela, according to Reuters sources. Venezuela has spent six months rewriting…
ADNOC’s Ruwais Refinery Back to Full Output Abu Dhabi National Oil Co. (ADNOC) has restored one of the world’s largest oil refineries to full capacity…
Kharg Island Dispute Reignites as Iran Mocks Trump Post On Monday, August 31, 2026, Iran’s government dismissed as “laughable” a Truth Social post by U.S.…
US equities fell Monday as a fresh exchange of strikes between the US and Iran reignited Middle East supply fears, sending crude oil prices sharply…
Oil Crises Reshape Power: Who Wins Next? Every major oil shock has redrawn the map of global energy leverage. The 1973-74 Arab oil embargo shifted…
Oil Markets Brace for New Iran Escalation Washington has again threatened to strike Iran’s Kharg Island oil terminal, a move that could disrupt a significant…
Turkmenistan Starts Plugging Methane Mega-Leaks Turkmenistan, the world’s worst emitter of methane from oil and gas operations, has begun repairing its ageing facilities, according to…
Diesel Margins Forecast to Double as Global Refining Capacity Tightens Goldman Sachs revised its diesel refining margin forecast to $63 per barrel, roughly double its…
Oil Prices Surge After US Strike on Iranian Rocket Launchers Asian shares and US futures retreated, while oil prices surged on Monday, August 31, 2026,…
WTI crude surged 2.47% to $85.46/barrel in early Asian trade, while Brent climbed 2.71% to $90.49/barrel. The escalation began Sunday when U.S. forces struck two…
Trump Announces Venezuelan Crude for SPR Refill On Sunday, August 30, 2026, President Donald Trump announced via social media that the United States will use…
Lawsuit Alleges Unpaid Fuel Deliveries to Freedom Fuel A federal lawsuit filed this month claims that fuel distributor KRSM failed to pay for $4 million…
Tariff Shock Reprices Metals Complex The U.S.-Canada trade war, which escalated in early 2026, has triggered a sharp repricing across metals and materials stocks and…
Gold Bulls Return to Exotic Options After Treasury Move Gold investors, encouraged by the Treasury Department’s recent measures to keep US borrowing costs in check,…
Ukrainian Drone Strike Disrupts Russian Refining Capacity A Ukrainian drone strike ignited a major fire at a key Russian oil refinery, disrupting processing operations. The…
Anglo Teck Merger Faces Glencore Hardball Over $1.4B Synergy Anglo American and Teck Resources are still locked in negotiations with Glencore, the part-owner of their…
South Korea’s mandatory mock trading course for leveraged ETF investors has triggered a sharp exodus from chip-focused leveraged products. Assets in the two largest semiconductor…
Beijing and Manila Reconsider Joint Energy Projects A joint report by Chinese and Philippine analysts, released Monday by the Shanghai Institutes for International Studies, urged…
Azerbaijan’s Post-COP29 Pivot to Renewables Baku, the capital of oil-rich Azerbaijan, is doubling down on clean energy. The country, which hosted the COP29 climate summit…